Regal Rexnord
235 hedge funds and large institutions have $2.95B invested in Regal Rexnord in 2013 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 90 increasing their positions, 79 reducing their positions, and 27 closing their positions.
52% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 27
14% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 79
7% more capital invested
Capital invested by funds: $2.77B → $2.95B (+$183M)
5% more funds holding
Funds holding: 223 → 235 (+12)
1.54% more ownership
Funds ownership: 94.8% → 96.34% (+1.5%)
42% less call options, than puts
Call options by funds: $3.74M | Put options by funds: $6.5M
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$59.3M |
| 2 |
CI
Cambiar Investors
Denver,
Colorado
|
+$43M |
| 3 |
JP Morgan Chase
New York
|
+$42.3M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$34M |
| 5 |
FPP
Findlay Park Partners
London,
United Kingdom
|
+$30.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$113M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$55.2M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$35.8M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
-$27.9M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$25M |
RRX Hedge Fund Activity: Q3 2013 in Review
235 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Regal Rexnord (RRX) for Q3 2013, worth a combined $2.95B — up 6.6% from $2.77B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new RRX positions and 27 closed out — a net gain of 14 holders — while 90 added to existing stakes and 79 trimmed.
The largest buyer was Franklin Resources, opening a new position worth an estimated $59.3M. The largest seller was Fidelity Investments, cutting an estimated $113M.
- 235 institutional investors held Regal Rexnord (RRX) as of Q3 2013, up from 223 in Q2 2013.
- Funds reported $2.95B of Regal Rexnord stock for Q3 2013, up 6.6% quarter-over-quarter.
- 41 funds opened new Regal Rexnord positions in Q3 2013 and 27 closed out, a net change of +14 holders.
- The largest Regal Rexnord buyer in Q3 2013 was Franklin Resources, an estimated $59.3M added.
- The largest Regal Rexnord seller in Q3 2013 was Fidelity Investments, an estimated $113M sold.
Based on aggregated 13F filings for Q3 2013.