Rush Enterprises Class B
RUSHB
26 hedge funds and large institutions have $292M invested in Rush Enterprises Class B in 2014 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 12 reducing their positions, and 3 closing their positions.
11% more capital invested
Capital invested by funds: $264M → $292M (+$28.4M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7% less funds holding
Funds holding: 28 → 26 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
67% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NM
Newtyn Management
New York
|
+$5.77M |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$211K |
| 3 |
Renaissance Technologies
New York
|
+$188K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$20.5K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$4.32K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$3.99M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$2.39M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$759K |
| 4 |
MC
Muhlenkamp & Co
Wexford,
Pennsylvania
|
-$214K |
| 5 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$204K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $4K | -$9.54K | -729 | -72% |
|
|
MP
27
Mangrove Partners
Greenwich,
Connecticut
| – | -$2.39M | -190,780 | Closed |
|
|
PCM
28
Perritt Capital Management
Chicago,
Illinois
| – | -$204K | -16,313 | Closed |
|
29
Bank of America
Charlotte,
North Carolina
| – | -$2K | -140 | Closed |
|
RUSHB Hedge Fund Activity: Q2 2014 in Review
26 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Rush Enterprises Class B (RUSHB) for Q2 2014, worth a combined $292M — up 11% from $264M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of RUSHB and 1 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 4 added.
The largest buyer was Newtyn Management, adding an estimated $5.77M. The largest seller was Wasatch Advisors, cutting an estimated $3.99M.
- 26 institutional investors held Rush Enterprises Class B (RUSHB) as of Q2 2014, down from 28 in Q1 2014.
- Funds reported $292M of Rush Enterprises Class B stock for Q2 2014, up 11% quarter-over-quarter.
- 1 fund opened new Rush Enterprises Class B positions in Q2 2014 and 3 closed out, a net change of -2 holders.
- The largest Rush Enterprises Class B buyer in Q2 2014 was Newtyn Management, an estimated $5.77M added.
- The largest Rush Enterprises Class B seller in Q2 2014 was Wasatch Advisors, an estimated $3.99M sold.
Based on aggregated 13F filings for Q2 2014.