Regal Rexnord
259 hedge funds and large institutions have $3.36B invested in Regal Rexnord in 2017 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 96 increasing their positions, 98 reducing their positions, and 18 closing their positions.
61% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 18
2% more funds holding
Funds holding: 253 → 259 (+6)
1.55% more ownership
Funds ownership: 93.71% → 95.27% (+1.6%)
2% less capital invested
Capital invested by funds: $3.42B → $3.36B (-$65.6M)
2% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 98
31% less call options, than puts
Call options by funds: $610K | Put options by funds: $883K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$20.3M |
| 2 |
Millennium Management
New York
|
+$18.5M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$15.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$15.7M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cambiar Investors
Denver,
Colorado
|
-$18.6M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$18.6M |
| 3 |
JP Morgan Chase
New York
|
-$18.5M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$12.5M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$9.58M |
RRX Hedge Fund Activity: Q3 2017 in Review
259 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Regal Rexnord (RRX) for Q3 2017, worth a combined $3.36B — down 1.9% from $3.42B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new RRX positions and 18 closed out — a net gain of 11 holders — while 96 added to existing stakes and 98 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $20.3M. The largest seller was Cambiar Investors, exiting entirely with an estimated $18.6M sold.
- 259 institutional investors held Regal Rexnord (RRX) as of Q3 2017, up from 253 in Q2 2017.
- Funds reported $3.36B of Regal Rexnord stock for Q3 2017, down 1.9% quarter-over-quarter.
- 29 funds opened new Regal Rexnord positions in Q3 2017 and 18 closed out, a net change of +11 holders.
- The largest Regal Rexnord buyer in Q3 2017 was Principal Financial Group, an estimated $20.3M added.
- The largest Regal Rexnord seller in Q3 2017 was Cambiar Investors, an estimated $18.6M sold.
Based on aggregated 13F filings for Q3 2017.