Regal Rexnord
421 hedge funds and large institutions have $9.45B invested in Regal Rexnord in 2023 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 120 increasing their positions, 165 reducing their positions, and 36 closing their positions.
42% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 36
3% more funds holding
Funds holding: 409 → 421 (+12)
0.29% more ownership
Funds ownership: 99.43% → 99.72% (+0.29%)
7% less capital invested
Capital invested by funds: $10.1B → $9.45B (-$680M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
27% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 165
39% less call options, than puts
Call options by funds: $37.6M | Put options by funds: $61.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
+$100M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
+$77.4M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$45.5M |
| 4 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$33.5M |
| 5 |
Blackstone Inc
New York
|
+$30M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$125M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$30.4M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$28.8M |
| 4 |
SCM
Scopia Capital Management
New York
|
-$21.6M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$19.8M |
RRX Hedge Fund Activity: Q3 2023 in Review
421 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Regal Rexnord (RRX) for Q3 2023, worth a combined $9.45B — down 6.7% from $10.1B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new RRX positions and 36 closed out — a net gain of 15 holders — while 120 added to existing stakes and 165 trimmed.
The largest buyer was Third Point, opening a new position worth an estimated $100M. The largest seller was AllianceBernstein, cutting an estimated $125M.
- 421 institutional investors held Regal Rexnord (RRX) as of Q3 2023, up from 409 in Q2 2023.
- Funds reported $9.45B of Regal Rexnord stock for Q3 2023, down 6.7% quarter-over-quarter.
- 51 funds opened new Regal Rexnord positions in Q3 2023 and 36 closed out, a net change of +15 holders.
- The largest Regal Rexnord buyer in Q3 2023 was Third Point, an estimated $100M added.
- The largest Regal Rexnord seller in Q3 2023 was AllianceBernstein, an estimated $125M sold.
Based on aggregated 13F filings for Q3 2023.