Rush Enterprises Class A
RUSHA
120 hedge funds and large institutions have $747M invested in Rush Enterprises Class A in 2016 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 48 increasing their positions, 38 reducing their positions, and 13 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
26% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 38
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
11% more capital invested
Capital invested by funds: $674M → $747M (+$72.8M)
2% more funds holding
Funds holding: 118 → 120 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$33.6M |
| 2 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$3.31M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$2.59M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$2.36M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$18M |
| 2 |
AA
Ancient Art
Austin,
Texas
|
-$15.7M |
| 3 |
MG
Magnolia Group
Omaha,
Nebraska
|
-$13.3M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
-$5.98M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$5.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
126
Paloma Partners
Greenwich,
Connecticut
| – | -$416K | -43,540 | Closed |
|
127
Two Sigma Investments
New York
| – | -$273K | -28,555 | Closed |
|
128
Squarepoint
New York
| – | -$222K | -23,216 | Closed |
|
129
Teacher Retirement System of Texas
Austin,
Texas
| – | -$91K | -9,533 | Closed |
|
|
TRCT
130
Tower Research Capital (TRC)
New York
| – | -$72K | -7,434 | Closed |
|
131
Walleye Trading
New York
| – | -$17K | -1,800 | Closed |
|
132
Simplex Trading
Chicago,
Illinois
| – | -$2K | -248 | Closed |
|
|
AA
133
Apriem Advisors
Irvine,
California
| – | -$2K | -225 | Closed |
|
RUSHA Hedge Fund Activity: Q3 2016 in Review
120 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Rush Enterprises Class A (RUSHA) for Q3 2016, worth a combined $747M — up 11% from $674M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new RUSHA positions and 13 closed out — a net gain of 2 holders — while 48 added to existing stakes and 38 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $33.6M. The largest seller was Waddell & Reed Financial, exiting entirely with an estimated $18M sold.
- 120 institutional investors held Rush Enterprises Class A (RUSHA) as of Q3 2016, up from 118 in Q2 2016.
- Funds reported $747M of Rush Enterprises Class A stock for Q3 2016, up 11% quarter-over-quarter.
- 15 funds opened new Rush Enterprises Class A positions in Q3 2016 and 13 closed out, a net change of +2 holders.
- The largest Rush Enterprises Class A buyer in Q3 2016 was T. Rowe Price Associates, an estimated $33.6M added.
- The largest Rush Enterprises Class A seller in Q3 2016 was Waddell & Reed Financial, an estimated $18M sold.
Based on aggregated 13F filings for Q3 2016.