RPM International
353 hedge funds and large institutions have $4.34B invested in RPM International in 2014 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 118 increasing their positions, 125 reducing their positions, and 35 closing their positions.
278% more call options, than puts
Call options by funds: $2.75M | Put options by funds: $727K
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
14% more capital invested
Capital invested by funds: $3.79B → $4.34B (+$547M)
2.31% more ownership
Funds ownership: 68.25% → 70.56% (+2.3%)
1% less funds holding
Funds holding: 355 → 353 (-2)
3% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 35
6% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 125
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$73.9M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$53.8M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
+$48.4M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$33.2M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$14.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$69.8M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$15.1M |
| 3 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$12.6M |
| 4 |
Renaissance Technologies
New York
|
-$11.3M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$9.94M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OC
376
Oppenheimer & Co
New York
| – | -$361K | -8,642 | Closed |
|
|
PAM
377
Princeton Alpha Management
Princeton Junction,
New Jersey
| – | -$314K | -7,503 | Closed |
|
|
CC
378
Cipher Capital
New York
| – | -$303K | -7,230 | Closed |
|
|
B
379
Baird
Milwaukee,
Wisconsin
| – | -$286K | -6,835 | Closed |
|
|
PP
380
PDT Partners
New York
| – | -$272K | -6,500 | Closed |
|
|
PCM
381
Portolan Capital Management
Boston,
Massachusetts
| – | -$248K | -5,938 | Closed |
|
|
MBT
382
Montecito Bank & Trust
Santa Barbara,
California
| – | -$232K | -5,550 | Closed |
|
|
IC
383
IKOS CIF
Limassol,
Cyprus
| – | -$159K | -3,760 | Closed |
|
|
BJ
384
BlackRock Japan
Tokyo,
Japan
| – | -$65K | -1,550 | Closed |
|
|
DA
385
Dunvegan Associates
Santa Barbara,
California
| – | -$21K | -500 | Closed |
|
386
Lazard Asset Management
New York
| – | -$8K | -200 | Closed |
|
|
CCS
387
Crosspoint Capital Strategies
Orinda,
California
| – | -$5K | -117 | Closed |
|
|
PCM
388
Prelude Capital Management
New York
| – | -$4K | -100 | Closed |
|
RPM Hedge Fund Activity: Q2 2014 in Review
353 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in RPM International (RPM) for Q2 2014, worth a combined $4.34B — up 14% from $3.79B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of RPM and 34 opened new positions — a net loss of 1 holder — while 125 trimmed existing stakes and 118 added.
The largest buyer was Neuberger Berman Group, adding an estimated $73.9M. The largest seller was Fidelity Investments, cutting an estimated $69.8M.
- 353 institutional investors held RPM International (RPM) as of Q2 2014, down from 355 in Q1 2014.
- Funds reported $4.34B of RPM International stock for Q2 2014, up 14% quarter-over-quarter.
- 34 funds opened new RPM International positions in Q2 2014 and 35 closed out, a net change of -1 holder.
- The largest RPM International buyer in Q2 2014 was Neuberger Berman Group, an estimated $73.9M added.
- The largest RPM International seller in Q2 2014 was Fidelity Investments, an estimated $69.8M sold.
Based on aggregated 13F filings for Q2 2014.