Regal Rexnord
232 hedge funds and large institutions have $2.74B invested in Regal Rexnord in 2014 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 86 increasing their positions, 81 reducing their positions, and 32 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 81
1% less funds holding
Funds holding: 234 → 232 (-2)
3% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 32
2.52% less ownership
Funds ownership: 96.9% → 94.38% (-2.5%)
20% less capital invested
Capital invested by funds: $3.43B → $2.74B (-$694M)
80% less call options, than puts
Call options by funds: $945K | Put options by funds: $4.84M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMVA
New Mountain Vantage Advisers
New York
|
+$42.1M |
| 2 |
TAM
Third Avenue Management
New York
|
+$29.3M |
| 3 |
Bank of New York Mellon
New York
|
+$24.4M |
| 4 |
JP Morgan Chase
New York
|
+$21.6M |
| 5 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$56.3M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$30.2M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$27.6M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$20.5M |
| 5 |
MCM
Munder Capital Management
Birmingham,
Michigan
|
-$19.5M |
RRX Hedge Fund Activity: Q3 2014 in Review
232 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Regal Rexnord (RRX) for Q3 2014, worth a combined $2.74B — down 20% from $3.43B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of RRX and 31 opened new positions — a net loss of 1 holder — while 81 trimmed existing stakes and 86 added.
The largest buyer was New Mountain Vantage Advisers, opening a new position worth an estimated $42.1M. The largest seller was Systematic Financial Management, cutting an estimated $56.3M.
- 232 institutional investors held Regal Rexnord (RRX) as of Q3 2014, down from 234 in Q2 2014.
- Funds reported $2.74B of Regal Rexnord stock for Q3 2014, down 20% quarter-over-quarter.
- 31 funds opened new Regal Rexnord positions in Q3 2014 and 32 closed out, a net change of -1 holder.
- The largest Regal Rexnord buyer in Q3 2014 was New Mountain Vantage Advisers, an estimated $42.1M added.
- The largest Regal Rexnord seller in Q3 2014 was Systematic Financial Management, an estimated $56.3M sold.
Based on aggregated 13F filings for Q3 2014.