RoadRunner Transportation Systems, Inc.
RRTS
RRTS was delisted on the 16th of April, 2020.
37 hedge funds and large institutions have $90M invested in RoadRunner Transportation Systems, Inc. in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
6% more funds holding
Funds holding: 35 → 37 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
57% less capital invested
Capital invested by funds: $211M → $90M (-$121M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Solas Capital Management
Darien,
Connecticut
|
+$834K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$131K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$69.6K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$38.5K |
| 5 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
+$23.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMI
Amica Mutual Insurance
Providence,
Rhode Island
|
-$2.81M |
| 2 |
ARMT
Amica Retiree Medical Trust
Lincoln,
Rhode Island
|
-$395K |
| 3 |
Renaissance Technologies
New York
|
-$197K |
| 4 |
State Street
Boston,
Massachusetts
|
-$139K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$102K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $3K | -$528 | -72 | -6% |
|
27
Citigroup
New York
| $3K | +$2.3K | +314 | +44% |
|
28
BNP Paribas Financial Markets
Paris,
France
| $2.81K | +$1.8K | +246 | +29% |
|
29
Barclays
London,
United Kingdom
| $2K | -$18K | -2,454 | -67% |
|
30
Bank of America
Charlotte,
North Carolina
| $2K | -$11K | -1,501 | -63% |
|
31
Morgan Stanley
New York
| $1K | -$52.2K | -7,116 | -96% |
|
32
Legal & General Group
London,
United Kingdom
| $1K | -$2.74K | -374 | -42% |
|
|
AIP
33
Ameritas Investment Partners
Lincoln,
Nebraska
| $1K | – | – | – |
|
34
Osaic Holdings
Scottsdale,
Arizona
| $1K | +$1.64K | +223 | New |
|
|
MAM
35
Meeder Asset Management
Dublin,
Ohio
| $1K | +$4.13K | +563 | New |
|
|
EM
36
Elliott Management
New York
| – | -$197M | -34,155,020 | Closed |
|
|
CS
37
Credit Suisse
Zurich,
Switzerland
| – | -$102K | -11,102 | Closed |
|
38
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$4K | -455 | Closed |
|
39
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1.97K | -269 | -59% |
|
RRTS Hedge Fund Activity: Q1 2020 in Review
37 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in RoadRunner Transportation Systems, Inc. (RRTS) for Q1 2020, worth a combined $90M — down 57% from $211M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new RRTS positions and 3 closed out — a net gain of 3 holders — while 14 added to existing stakes and 12 trimmed.
The largest buyer was Solas Capital Management, adding an estimated $834K. The largest seller was Amica Mutual Insurance, cutting an estimated $2.81M.
- 37 institutional investors held RoadRunner Transportation Systems, Inc. (RRTS) as of Q1 2020, up from 35 in Q4 2019.
- Funds reported $90M of RoadRunner Transportation Systems, Inc. stock for Q1 2020, down 57% quarter-over-quarter.
- 6 funds opened new RoadRunner Transportation Systems, Inc. positions in Q1 2020 and 3 closed out, a net change of +3 holders.
- The largest RoadRunner Transportation Systems, Inc. buyer in Q1 2020 was Solas Capital Management, an estimated $834K added.
- The largest RoadRunner Transportation Systems, Inc. seller in Q1 2020 was Amica Mutual Insurance, an estimated $2.81M sold.
Based on aggregated 13F filings for Q1 2020.