Rambus
RMBS
121 hedge funds and large institutions have $764M invested in Rambus in 2014 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 37 increasing their positions, 35 reducing their positions, and 21 closing their positions.
31% more call options, than puts
Call options by funds: $12.8M | Put options by funds: $9.77M
21% more capital invested
Capital invested by funds: $632M → $764M (+$132M)
6% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 35
1% less funds holding
Funds holding: 122 → 121 (-1)
5% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
+$30.6M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$18.1M |
| 3 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
+$5.2M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.29M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
+$3.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$6.78M |
| 2 |
Millennium Management
New York
|
-$5.95M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$4.71M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.89M |
| 5 |
HCM
Highbridge Capital Management
New York
|
-$2.15M |
RMBS Hedge Fund Activity: Q1 2014 in Review
121 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Rambus (RMBS) for Q1 2014, worth a combined $764M — up 21% from $632M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of RMBS and 20 opened new positions — a net loss of 1 holder — while 35 trimmed existing stakes and 37 added.
The largest buyer was SAC Capital Advisors, adding an estimated $30.6M. The largest seller was Bogle Investment Management, exiting entirely with an estimated $6.78M sold.
- 121 institutional investors held Rambus (RMBS) as of Q1 2014, down from 122 in Q4 2013.
- Funds reported $764M of Rambus stock for Q1 2014, up 21% quarter-over-quarter.
- 20 funds opened new Rambus positions in Q1 2014 and 21 closed out, a net change of -1 holder.
- The largest Rambus buyer in Q1 2014 was SAC Capital Advisors, an estimated $30.6M added.
- The largest Rambus seller in Q1 2014 was Bogle Investment Management, an estimated $6.78M sold.
Based on aggregated 13F filings for Q1 2014.