Rush Enterprises Class B
RUSHB
32 hedge funds and large institutions have $214M invested in Rush Enterprises Class B in 2015 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
28% more funds holding
Funds holding: 25 → 32 (+7)
4% less capital invested
Capital invested by funds: $224M → $214M (-$9.81M)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$10.5M |
| 2 |
PMG
Private Management Group
Irvine,
California
|
+$6.51M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$871K |
| 4 |
Millennium Management
New York
|
+$696K |
| 5 |
Barclays
London,
United Kingdom
|
+$605K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NM
Newtyn Management
New York
|
-$7.86M |
| 2 |
SLCM
Seven Locks Capital Management
New York
|
-$2.77M |
| 3 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$707K |
| 4 |
CFB
Cullen/Frost Bankers
San Antonio,
Texas
|
-$387K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
-$249K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| $87K | +$8.94K | +806 | +11% |
|
27
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $47K | +$17K | +1,532 | +53% |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $24K | +$12.3K | +1,109 | +99% |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $10K | -$11.9K | -1,069 | -53% |
|
|
FNYS
30
First New York Securities
New York
| $5.18K | -$2.1K | -189 | -28% |
|
31
Wells Fargo
San Francisco,
California
| $5K | -$147K | -13,212 | -97% |
|
32
Citigroup
New York
| $2K | +$2.52K | +227 | New |
|
|
CL
33
CSS LLC
Chicago,
Illinois
| – | -$249K | -22,691 | Closed |
|
34
Bank of America
Charlotte,
North Carolina
| – | -$21K | -1,942 | Closed |
|
RUSHB Hedge Fund Activity: Q2 2015 in Review
32 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Rush Enterprises Class B (RUSHB) for Q2 2015, worth a combined $214M — down 4.4% from $224M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new RUSHB positions and 2 closed out — a net gain of 7 holders — while 8 added to existing stakes and 11 trimmed.
The largest buyer was Ancora Advisors, opening a new position worth an estimated $10.5M. The largest seller was Newtyn Management, cutting an estimated $7.86M.
- 32 institutional investors held Rush Enterprises Class B (RUSHB) as of Q2 2015, up from 25 in Q1 2015.
- Funds reported $214M of Rush Enterprises Class B stock for Q2 2015, down 4.4% quarter-over-quarter.
- 9 funds opened new Rush Enterprises Class B positions in Q2 2015 and 2 closed out, a net change of +7 holders.
- The largest Rush Enterprises Class B buyer in Q2 2015 was Ancora Advisors, an estimated $10.5M added.
- The largest Rush Enterprises Class B seller in Q2 2015 was Newtyn Management, an estimated $7.86M sold.
Based on aggregated 13F filings for Q2 2015.