Rush Enterprises Class B
RUSHB
27 hedge funds and large institutions have $219M invested in Rush Enterprises Class B in 2013 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 2 closing their positions.
5% more capital invested
Capital invested by funds: $210M → $219M (+$9.47M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4% less funds holding
Funds holding: 28 → 27 (-1)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$190K |
| 2 |
MC
Muhlenkamp & Co
Wexford,
Pennsylvania
|
+$77.1K |
| 3 |
Walleye Trading
New York
|
+$64.9K |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$32.4K |
| 5 |
Renaissance Technologies
New York
|
+$29.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$993K |
| 2 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$783K |
| 3 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$685K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$219K |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$112K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
U
26
UBS
Zurich,
Switzerland
| $12K | -$13.8K | -1,393 | -55% |
|
27
Wells Fargo
San Francisco,
California
| $5K | – | – | – |
|
|
FPA
28
First Pacific Advisors
El Segundo,
California
| – | -$783K | -81,900 | Closed |
|
29
US Bancorp
Minneapolis,
Minnesota
| – | -$30K | -3,094 | Closed |
|
RUSHB Hedge Fund Activity: Q3 2013 in Review
27 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Rush Enterprises Class B (RUSHB) for Q3 2013, worth a combined $219M — up 4.5% from $210M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of RUSHB and 1 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 7 added.
The largest buyer was Vanguard Group, adding an estimated $190K. The largest seller was Ameriprise, cutting an estimated $993K.
- 27 institutional investors held Rush Enterprises Class B (RUSHB) as of Q3 2013, down from 28 in Q2 2013.
- Funds reported $219M of Rush Enterprises Class B stock for Q3 2013, up 4.5% quarter-over-quarter.
- 1 fund opened new Rush Enterprises Class B positions in Q3 2013 and 2 closed out, a net change of -1 holder.
- The largest Rush Enterprises Class B buyer in Q3 2013 was Vanguard Group, an estimated $190K added.
- The largest Rush Enterprises Class B seller in Q3 2013 was Ameriprise, an estimated $993K sold.
Based on aggregated 13F filings for Q3 2013.