Rush Enterprises Class A
RUSHA
108 hedge funds and large institutions have $855M invested in Rush Enterprises Class A in 2013 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 40 increasing their positions, 32 reducing their positions, and 16 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 32
8% more capital invested
Capital invested by funds: $791M → $855M (+$63.7M)
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
2% less funds holding
Funds holding: 110 → 108 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$29.2M |
| 2 |
CM
Castleark Management
Chicago,
Illinois
|
+$6.03M |
| 3 |
ClearBridge Investments
New York
|
+$5.04M |
| 4 |
Bank of New York Mellon
New York
|
+$2.86M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KeyBank National Association
Cleveland,
Ohio
|
-$28.5M |
| 2 |
HIM
Hermes Investment Management
London Uk,
United Kingdom
|
-$13.9M |
| 3 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$7.18M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$7.09M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$5.7M |
RUSHA Hedge Fund Activity: Q3 2013 in Review
108 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Rush Enterprises Class A (RUSHA) for Q3 2013, worth a combined $855M — up 8.1% from $791M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of RUSHA and 15 opened new positions — a net loss of 1 holder — while 32 trimmed existing stakes and 40 added.
The largest buyer was TimesSquare Capital Management, opening a new position worth an estimated $29.2M. The largest seller was KeyBank National Association, cutting an estimated $28.5M.
- 108 institutional investors held Rush Enterprises Class A (RUSHA) as of Q3 2013, down from 110 in Q2 2013.
- Funds reported $855M of Rush Enterprises Class A stock for Q3 2013, up 8.1% quarter-over-quarter.
- 15 funds opened new Rush Enterprises Class A positions in Q3 2013 and 16 closed out, a net change of -1 holder.
- The largest Rush Enterprises Class A buyer in Q3 2013 was TimesSquare Capital Management, an estimated $29.2M added.
- The largest Rush Enterprises Class A seller in Q3 2013 was KeyBank National Association, an estimated $28.5M sold.
Based on aggregated 13F filings for Q3 2013.