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Rambus

163 hedge funds and large institutions have $974M invested in Rambus in 2017 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 71 increasing their positions, 43 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

170% more call options, than puts

Call options by funds: $7.18M | Put options by funds: $2.66M

65% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 43

25% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 16

3% more funds holding

Funds holding: 159163 (+4)

3.62% less ownership

Funds ownership: 79.87%76.25% (-3.6%)

17% less capital invested

Capital invested by funds: $1.17B → $974M (-$197M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
163
Holders Change
+4
Holders Change %
+2.52%
% of All Funds
4.06%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
20
Increased
71
Reduced
43
Closed
16
Calls
$7.18M
Puts
$2.66M
Net Calls
+$4.52M
Net Calls Change
+$533K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$161M -$4.64M -377,337 -3%
WRF
2
Waddell & Reed Financial
Kansas
$125M
Vanguard Group
3
Vanguard Group
Pennsylvania
$115M +$2.32M +188,666 +2%
Primecap Management
4
Primecap Management
California
$74.9M -$37.3M -3,039,469 -32%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$51M +$1.38M +112,208 +3%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$50.5M -$2.44M -198,301 -4%
Neuberger Berman Group
7
Neuberger Berman Group
New York
$39.7M -$1.87M -151,823 -4%
State Street
8
State Street
Massachusetts
$35.3M +$1.47M +119,833 +4%
Renaissance Technologies
9
Renaissance Technologies
New York
$33.2M +$10.2M +832,386 +40%
Norges Bank
10
Norges Bank
Norway
$18.7M +$2.83M +230,581 +16%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$17.7M -$182K -14,847 -0.9%
Northern Trust
12
Northern Trust
Illinois
$16.1M +$602K +49,027 +4%
CI
13
Cambiar Investors
Colorado
$14.8M -$3.91M -318,461 -20%
TA
14
Teachers Advisors
New York
$11.2M +$628K +51,106 +6%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$10.9M +$795K +64,754 +7%
Millennium Management
16
Millennium Management
New York
$10.6M +$7.28M +592,627 +175%
PAM
17
Panagora Asset Management
Massachusetts
$10.4M +$2.88M +234,536 +35%
Morgan Stanley
18
Morgan Stanley
New York
$10.3M +$1.49M +121,135 +15%
Principal Financial Group
19
Principal Financial Group
Iowa
$9.87M +$62.4K +5,080 +0.6%
Invesco
20
Invesco
Georgia
$8.42M -$400K -32,531 -4%
USAA
21
United Services Automobile Association
Texas
$7.35M -$2.92M -238,000 -27%
Two Sigma Investments
22
Two Sigma Investments
New York
$7.22M +$1.12M +90,835 +17%
Ameriprise
23
Ameriprise
Minnesota
$7.17M +$569K +46,316 +8%
Citadel Advisors
24
Citadel Advisors
Florida
$6.69M +$6.55M +533,224 +1,030%
Deutsche Bank
25
Deutsche Bank
Germany
$6.66M +$6.45M +525,162 +911%

RMBS Hedge Fund Activity: Q2 2017 in Review

163 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Rambus (RMBS) for Q2 2017, worth a combined $974M — down 17% from $1.17B a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new RMBS positions and 16 closed out — a net gain of 4 holders — while 71 added to existing stakes and 43 trimmed.

The largest buyer was Renaissance Technologies, adding an estimated $10.2M. The largest seller was Primecap Management, cutting an estimated $37.3M.

  • 163 institutional investors held Rambus (RMBS) as of Q2 2017, up from 159 in Q1 2017.
  • Funds reported $974M of Rambus stock for Q2 2017, down 17% quarter-over-quarter.
  • 20 funds opened new Rambus positions in Q2 2017 and 16 closed out, a net change of +4 holders.
  • The largest Rambus buyer in Q2 2017 was Renaissance Technologies, an estimated $10.2M added.
  • The largest Rambus seller in Q2 2017 was Primecap Management, an estimated $37.3M sold.

Based on aggregated 13F filings for Q2 2017.