RoadRunner Transportation Systems, Inc.
RRTS
RRTS was delisted on the 16th of April, 2020.
35 hedge funds and large institutions have $211M invested in RoadRunner Transportation Systems, Inc. in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 5 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 37 → 35 (-2)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
43% less capital invested
Capital invested by funds: $370M → $211M (-$160M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
+$516K |
| 2 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
+$114K |
| 3 |
State Street
Boston,
Massachusetts
|
+$110K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$108K |
| 5 |
Morgan Stanley
New York
|
+$35K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMI
Amica Mutual Insurance
Providence,
Rhode Island
|
-$811K |
| 2 |
SCM
Solas Capital Management
Darien,
Connecticut
|
-$566K |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$147K |
| 4 |
ARMT
Amica Retiree Medical Trust
Lincoln,
Rhode Island
|
-$114K |
| 5 |
Renaissance Technologies
New York
|
-$97.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $10K | +$2.43K | +250 | +27% |
|
27
Legal & General Group
London,
United Kingdom
| $8K | – | – | – |
|
28
BNP Paribas Financial Markets
Paris,
France
| $7.88K | +$6.55K | +673 | +370% |
|
29
Citigroup
New York
| $7K | +$6.09K | +626 | +696% |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| $4K | -$1.41K | -145 | -24% |
|
31
Bank of Montreal
Toronto,
Ontario, Canada
| $4K | +$1.36K | +140 | +44% |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $4K | +$3.95K | +406 | New |
|
|
AIP
33
Ameritas Investment Partners
Lincoln,
Nebraska
| $3K | – | – | – |
|
|
AG
34
Advisor Group
Phoenix,
Arizona
| $2K | – | – | – |
|
|
TRSOTSOK
35
Teachers Retirement System of the State of Kentucky
Frankfort,
Kentucky
| $2K | – | – | – |
|
|
N
36
Nuveen
Charlotte,
North Carolina
| – | -$147K | -14,220 | Closed |
|
37
Victory Capital Management
San Antonio,
Texas
| – | -$7K | -668 | Closed |
|
|
SFS
38
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$6K | -565 | Closed |
|
|
ADL
39
Asset Dedication LLC
San Francisco,
California
| – | -$1K | -120 | Closed |
|
RRTS Hedge Fund Activity: Q4 2019 in Review
35 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in RoadRunner Transportation Systems, Inc. (RRTS) for Q4 2019, worth a combined $211M — down 43% from $370M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of RRTS and 3 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 11 added.
The largest buyer was Elliott Management, adding an estimated $516K. The largest seller was Amica Mutual Insurance, cutting an estimated $811K.
- 35 institutional investors held RoadRunner Transportation Systems, Inc. (RRTS) as of Q4 2019, down from 37 in Q3 2019.
- Funds reported $211M of RoadRunner Transportation Systems, Inc. stock for Q4 2019, down 43% quarter-over-quarter.
- 3 funds opened new RoadRunner Transportation Systems, Inc. positions in Q4 2019 and 5 closed out, a net change of -2 holders.
- The largest RoadRunner Transportation Systems, Inc. buyer in Q4 2019 was Elliott Management, an estimated $516K added.
- The largest RoadRunner Transportation Systems, Inc. seller in Q4 2019 was Amica Mutual Insurance, an estimated $811K sold.
Based on aggregated 13F filings for Q4 2019.