RoadRunner Transportation Systems, Inc.
RRTS
RRTS was delisted on the 16th of April, 2020.
37 hedge funds and large institutions have $370M invested in RoadRunner Transportation Systems, Inc. in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 8
9% more capital invested
Capital invested by funds: $340M → $370M (+$29.9M)
0% more funds holding
Funds holding: 37 → 37 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
+$1.12M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$360K |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$138K |
| 4 |
Renaissance Technologies
New York
|
+$122K |
| 5 |
BlackRock
New York
|
+$83.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Solas Capital Management
Darien,
Connecticut
|
-$656K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$193K |
| 3 |
JP Morgan Chase
New York
|
-$125K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$44K |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
-$34K |
RRTS Hedge Fund Activity: Q3 2019 in Review
37 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in RoadRunner Transportation Systems, Inc. (RRTS) for Q3 2019, worth a combined $370M — up 8.8% from $340M a quarter earlier.
Fund positioning in RRTS was balanced in Q3 2019: 4 funds opened new positions, 4 closed out, 16 added to existing stakes and 8 trimmed.
The largest buyer was Elliott Management, adding an estimated $1.12M. The largest seller was Solas Capital Management, cutting an estimated $656K.
- 37 institutional investors held RoadRunner Transportation Systems, Inc. (RRTS) as of Q3 2019, unchanged from Q2 2019.
- Funds reported $370M of RoadRunner Transportation Systems, Inc. stock for Q3 2019, up 8.8% quarter-over-quarter.
- 4 funds opened new RoadRunner Transportation Systems, Inc. positions in Q3 2019 and 4 closed out, a net change of 0 holders.
- The largest RoadRunner Transportation Systems, Inc. buyer in Q3 2019 was Elliott Management, an estimated $1.12M added.
- The largest RoadRunner Transportation Systems, Inc. seller in Q3 2019 was Solas Capital Management, an estimated $656K sold.
Based on aggregated 13F filings for Q3 2019.