RoadRunner Transportation Systems, Inc.
RRTS
RRTS was delisted on the 16th of April, 2020.
47 hedge funds and large institutions have $384M invested in RoadRunner Transportation Systems, Inc. in 2019 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 10 closing their positions.
6,805% more capital invested
Capital invested by funds: $5.56M → $384M (+$378M)
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
7% more funds holding
Funds holding: 44 → 47 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
+$412M |
| 2 |
AMI
Amica Mutual Insurance
Providence,
Rhode Island
|
+$6.4M |
| 3 |
SCM
Solas Capital Management
Darien,
Connecticut
|
+$3.81M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.94M |
| 5 |
BlackRock
New York
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$476K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$358K |
| 3 |
US Bancorp
Minneapolis,
Minnesota
|
-$50K |
| 4 |
Millennium Management
New York
|
-$42.4K |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$27.2K |
RRTS Hedge Fund Activity: Q1 2019 in Review
47 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in RoadRunner Transportation Systems, Inc. (RRTS) for Q1 2019, worth a combined $384M — up 6,805% from $5.56M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new RRTS positions and 10 closed out — a net gain of 3 holders — while 16 added to existing stakes and 12 trimmed.
The largest buyer was Elliott Management, adding an estimated $412M. The largest seller was Nantahala Capital Management, exiting entirely with an estimated $476K sold.
- 47 institutional investors held RoadRunner Transportation Systems, Inc. (RRTS) as of Q1 2019, up from 44 in Q4 2018.
- Funds reported $384M of RoadRunner Transportation Systems, Inc. stock for Q1 2019, up 6,805% quarter-over-quarter.
- 13 funds opened new RoadRunner Transportation Systems, Inc. positions in Q1 2019 and 10 closed out, a net change of +3 holders.
- The largest RoadRunner Transportation Systems, Inc. buyer in Q1 2019 was Elliott Management, an estimated $412M added.
- The largest RoadRunner Transportation Systems, Inc. seller in Q1 2019 was Nantahala Capital Management, an estimated $476K sold.
Based on aggregated 13F filings for Q1 2019.