Rush Enterprises Class B
RUSHB
31 hedge funds and large institutions have $242M invested in Rush Enterprises Class B in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
15% more funds holding
Funds holding: 27 → 31 (+4)
11% more capital invested
Capital invested by funds: $219M → $242M (+$23.1M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teton Advisors
Rye,
New York
|
+$1.16M |
| 2 |
MC
Muhlenkamp & Co
Wexford,
Pennsylvania
|
+$286K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$81K |
| 4 |
Morgan Stanley
New York
|
+$75.3K |
| 5 |
Renaissance Technologies
New York
|
+$72.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$4.85M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.09M |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
-$436K |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$327K |
| 5 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$145K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $19K | -$4.32K | -401 | -19% |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $17K | -$109K | -10,118 | -87% |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $15K | -$9.61K | -893 | -40% |
|
29
Wells Fargo
San Francisco,
California
| $5K | – | – | – |
|
|
MA
30
MUFG Americas
New York
| $4K | +$3.64K | +338 | New |
|
|
SSG
31
Summit Securities Group
New York
| $1K | +$775 | +72 | New |
|
32
Walleye Trading
New York
| – | -$66K | -6,536 | Closed |
|
RUSHB Hedge Fund Activity: Q4 2013 in Review
31 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Rush Enterprises Class B (RUSHB) for Q4 2013, worth a combined $242M — up 11% from $219M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new RUSHB positions and 1 closed out — a net gain of 4 holders — while 7 added to existing stakes and 11 trimmed.
The largest buyer was Teton Advisors, adding an estimated $1.16M. The largest seller was Mangrove Partners, cutting an estimated $4.85M.
- 31 institutional investors held Rush Enterprises Class B (RUSHB) as of Q4 2013, up from 27 in Q3 2013.
- Funds reported $242M of Rush Enterprises Class B stock for Q4 2013, up 11% quarter-over-quarter.
- 5 funds opened new Rush Enterprises Class B positions in Q4 2013 and 1 closed out, a net change of +4 holders.
- The largest Rush Enterprises Class B buyer in Q4 2013 was Teton Advisors, an estimated $1.16M added.
- The largest Rush Enterprises Class B seller in Q4 2013 was Mangrove Partners, an estimated $4.85M sold.
Based on aggregated 13F filings for Q4 2013.