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Rush Enterprises Class A

118 hedge funds and large institutions have $586M 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.

New
Increased
Maintained
Reduced
Closed

47% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 32

6% less funds holding

Funds holding: 125118 (-7)

16% less capital invested

Capital invested by funds: $695M → $586M (-$110M)

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

Holders
118
Holders Change
-7
Holders Change %
-5.6%
% of All Funds
3.14%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.05%
New
15
Increased
47
Reduced
32
Closed
22
Calls
Puts
$150K
Net Calls
-$150K
Net Calls Change
-$150K
Name Holding Trade Value Shares
Change
Change in
Stake
Hotchkis & Wiley Capital Management
1
Hotchkis & Wiley Capital Management
California
$87.5M +$2.5M +310,691 +3%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$46.9M -$48.3K -5,989 -0.1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$41.8M +$1.81M +224,152 +5%
NSCM
4
New South Capital Management
Tennessee
$36.6M +$2.57M +318,501 +8%
AA
5
Ancient Art
Texas
$33.2M +$25.9M +3,216,049 +368%
MG
6
Magnolia Group
Nebraska
$27M +$23.3M +2,895,869 +660%
Westfield Capital Management
7
Westfield Capital Management
Massachusetts
$22M -$7.67M -951,914 -26%
Northern Trust
8
Northern Trust
Illinois
$21.7M +$531K +65,817 +3%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$20.8M -$160K -19,800 -0.8%
WRF
10
Waddell & Reed Financial
Kansas
$18.1M -$1.82M -225,225 -9%
GIM
11
Granahan Investment Management
Massachusetts
$16.7M -$308K -38,250 -2%
BIT
12
BlackRock Institutional Trust
California
$15.9M +$391K +48,447 +3%
BFA
13
BlackRock Fund Advisors
California
$15M -$250K -30,991 -2%
JP Morgan Chase
14
JP Morgan Chase
New York
$12.9M -$1.08M -133,881 -8%
State Street
15
State Street
Massachusetts
$12M +$1.45M +179,829 +14%
FPA
16
First Pacific Advisors
California
$10.7M +$6.84M +847,829 +179%
PMG
17
Private Management Group
California
$10.7M +$287K +35,559 +3%
CB
18
Cooke & Bieler
Pennsylvania
$9.75M +$7.41M +919,359 +325%
ICOM
19
Investment Counselors of Maryland
Maryland
$8.37M +$1.3M +160,650 +18%
TAM
20
Tocqueville Asset Management
New York
$8.31M -$517K -64,080 -6%
MC
21
Muhlenkamp & Co
Pennsylvania
$7.02M
CLM
22
ClearBridge LLC (Maryland)
Maryland
$6.39M -$15.5K -1,922 -0.2%
CIP
23
Chartwell Investment Partners
Pennsylvania
$5.79M +$254K +31,444 +5%
WHG
24
Westwood Holdings Group
Texas
$4.81M +$1.07M +132,339 +29%
PGIM
25
Pacific Global Investment Management
California
$4.73M +$114K +14,085 +2%

RUSHA Hedge Fund Activity: Q1 2016 in Review

118 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Rush Enterprises Class A (RUSHA) for Q1 2016, worth a combined $586M — down 16% from $695M 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 $586M of Rush Enterprises Class A stock for Q1 2016, down 16% 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.