RoadRunner Transportation Systems, Inc.
RRTS
RRTS was delisted on the 16th of April, 2020.
55 hedge funds and large institutions have $12.4M invested in RoadRunner Transportation Systems, Inc. in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 29 reducing their positions, and 26 closing their positions.
29% less funds holding
Funds holding: 77 → 55 (-22)
52% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 29
74% less capital invested
Capital invested by funds: $47.3M → $12.4M (-$34.9M)
81% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 26
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $15K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$708K |
| 2 |
AMI
Amica Mutual Insurance
Providence,
Rhode Island
|
+$292K |
| 3 |
APFBOT
Amica Pension Fund Board of Trustees
Providence,
Rhode Island
|
+$263K |
| 4 |
ARTA
A.R.T. Advisors
New York
|
+$159K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$131K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.27M |
| 2 |
D.E. Shaw & Co
New York
|
-$1.01M |
| 3 |
Millennium Management
New York
|
-$763K |
| 4 |
Renaissance Technologies
New York
|
-$704K |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$545K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RFA
76
Reilly Financial Advisors
La Mesa,
California
| – | -$1K | -19 | Closed |
|
77
UBS Group
Zurich,
Switzerland
| – | -$1K | -14 | Closed |
|
|
JA
78
JOYN Advisors
Atlanta,
Georgia
| – | -$267 | -6 | -27% |
|
RRTS Hedge Fund Activity: Q3 2018 in Review
55 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in RoadRunner Transportation Systems, Inc. (RRTS) for Q3 2018, worth a combined $12.4M — down 74% from $47.3M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of RRTS and 5 opened new positions — a net loss of 21 holders — while 29 trimmed existing stakes and 14 added.
The largest buyer was Nantahala Capital Management, adding an estimated $708K. The largest seller was Fidelity Investments, cutting an estimated $8.27M.
- 55 institutional investors held RoadRunner Transportation Systems, Inc. (RRTS) as of Q3 2018, down from 77 in Q2 2018.
- Funds reported $12.4M of RoadRunner Transportation Systems, Inc. stock for Q3 2018, down 74% quarter-over-quarter.
- 5 funds opened new RoadRunner Transportation Systems, Inc. positions in Q3 2018 and 26 closed out, a net change of -21 holders.
- The largest RoadRunner Transportation Systems, Inc. buyer in Q3 2018 was Nantahala Capital Management, an estimated $708K added.
- The largest RoadRunner Transportation Systems, Inc. seller in Q3 2018 was Fidelity Investments, an estimated $8.27M sold.
Based on aggregated 13F filings for Q3 2018.