Rush Enterprises Class A
RUSHA
118 hedge funds and large institutions have $590M invested in Rush Enterprises Class A in 2016 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 47 increasing their positions, 32 reducing their positions, and 22 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 32
6% less funds holding
Funds holding: 125 → 118 (-7)
15% less capital invested
Capital invested by funds: $696M → $590M (-$106M)
32% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 22
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $150K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancient Art
Austin,
Texas
|
+$25.9M |
| 2 |
MG
Magnolia Group
Omaha,
Nebraska
|
+$23.3M |
| 3 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$7.41M |
| 4 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$6.83M |
| 5 |
Renaissance Technologies
New York
|
+$2.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$32.3M |
| 2 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$15M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
-$7.67M |
| 4 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
-$7.37M |
| 5 |
ECP
Elk Creek Partners
Denver,
Colorado
|
-$6.37M |
RUSHA Hedge Fund Activity: Q1 2016 in Review
118 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Rush Enterprises Class A (RUSHA) for Q1 2016, worth a combined $590M — down 15% from $696M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of RUSHA and 15 opened new positions — a net loss of 7 holders — while 32 trimmed existing stakes and 47 added.
The largest buyer was Ancient Art, adding an estimated $25.9M. The largest seller was Columbia Wanger Asset Management, exiting entirely with an estimated $32.3M sold.
- 118 institutional investors held Rush Enterprises Class A (RUSHA) as of Q1 2016, down from 125 in Q4 2015.
- Funds reported $590M of Rush Enterprises Class A stock for Q1 2016, down 15% quarter-over-quarter.
- 15 funds opened new Rush Enterprises Class A positions in Q1 2016 and 22 closed out, a net change of -7 holders.
- The largest Rush Enterprises Class A buyer in Q1 2016 was Ancient Art, an estimated $25.9M added.
- The largest Rush Enterprises Class A seller in Q1 2016 was Columbia Wanger Asset Management, an estimated $32.3M sold.
Based on aggregated 13F filings for Q1 2016.