Rush Enterprises Class A
RUSHA
188 hedge funds and large institutions have $1.16B invested in Rush Enterprises Class A in 2019 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 55 increasing their positions, 64 reducing their positions, and 19 closing their positions.
116% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 19
23% more capital invested
Capital invested by funds: $949M → $1.16B (+$214M)
18.1% more ownership
Funds ownership: 203.52% → 221.63% (+18%)
13% more funds holding
Funds holding: 167 → 188 (+21)
14% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 64
66% less call options, than puts
Call options by funds: $1.17M | Put options by funds: $3.47M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$26.4M |
| 2 |
JP Morgan Chase
New York
|
+$5.87M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$4.5M |
| 4 |
Millennium Management
New York
|
+$4.07M |
| 5 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$3.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$11.8M |
| 2 |
BlackRock
New York
|
-$10.3M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$6.3M |
| 4 |
JGC
J. Goldman & Co
New York
|
-$5.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GF
201
Gabelli Funds
Rye,
New York
| – | -$276K | -18,000 | Closed |
|
|
BFM
202
Boothbay Fund Management
New York
| – | -$263K | -17,172 | Closed |
|
|
SCA
203
Secor Capital Advisors
New York
| – | -$244K | -15,892 | Closed |
|
204
Balyasny Asset Management
Chicago,
Illinois
| – | -$242K | -15,806 | Closed |
|
|
PCM
205
Prelude Capital Management
New York
| – | -$6K | -398 | Closed |
|
RUSHA Hedge Fund Activity: Q1 2019 in Review
188 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Rush Enterprises Class A (RUSHA) for Q1 2019, worth a combined $1.16B — up 23% from $949M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new RUSHA positions and 19 closed out — a net gain of 22 holders — while 55 added to existing stakes and 64 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $26.4M. The largest seller was Park West Asset Management, cutting an estimated $11.8M.
- 188 institutional investors held Rush Enterprises Class A (RUSHA) as of Q1 2019, up from 167 in Q4 2018.
- Funds reported $1.16B of Rush Enterprises Class A stock for Q1 2019, up 23% quarter-over-quarter.
- 41 funds opened new Rush Enterprises Class A positions in Q1 2019 and 19 closed out, a net change of +22 holders.
- The largest Rush Enterprises Class A buyer in Q1 2019 was Deutsche Bank, an estimated $26.4M added.
- The largest Rush Enterprises Class A seller in Q1 2019 was Park West Asset Management, an estimated $11.8M sold.
Based on aggregated 13F filings for Q1 2019.