Rush Enterprises Class B
RUSHB
31 hedge funds and large institutions have $207M invested in Rush Enterprises Class B in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 8 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less capital invested
Capital invested by funds: $214M → $207M (-$6.97M)
3% less funds holding
Funds holding: 32 → 31 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancient Art
Austin,
Texas
|
+$13.8M |
| 2 |
PMG
Private Management Group
Irvine,
California
|
+$5.06M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$3.3M |
| 4 |
Renaissance Technologies
New York
|
+$631K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$609K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NM
Newtyn Management
New York
|
-$12.8M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$9.89M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$1.57M |
| 4 |
SLCM
Seven Locks Capital Management
New York
|
-$1.25M |
| 5 |
Barclays
London,
United Kingdom
|
-$582K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BEAM
26
Baker Ellis Asset Management
Vancouver,
Washington
| $137K | – | – | – |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $33K | +$23.2K | +2,275 | +236% |
|
28
Wells Fargo
San Francisco,
California
| $5K | – | – | – |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3K | -$19.4K | -1,904 | -85% |
|
|
FNYS
30
First New York Securities
New York
| $2.7K | -$2.29K | -225 | -46% |
|
31
Morgan Stanley
New York
| $2K | -$80.7K | -7,916 | -97% |
|
|
NM
32
Newtyn Management
New York
| – | -$12.8M | -1,203,849 | Closed |
|
|
WA
33
Wasatch Advisors
Salt Lake City,
Utah
| – | -$1.57M | -147,578 | Closed |
|
|
SLCM
34
Seven Locks Capital Management
New York
| – | -$1.25M | -117,619 | Closed |
|
|
35
Barclays
London,
United Kingdom
| – | -$582K | -54,524 | Closed |
|
36
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$491K | -46,001 | Closed |
|
|
CS
37
Credit Suisse
Zurich,
Switzerland
| – | -$312K | -29,239 | Closed |
|
|
LP
38
LMR Partners
London,
United Kingdom
| – | -$207K | -19,323 | Closed |
|
39
Citigroup
New York
| – | -$2K | -227 | Closed |
|
RUSHB Hedge Fund Activity: Q3 2015 in Review
31 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Rush Enterprises Class B (RUSHB) for Q3 2015, worth a combined $207M — down 3.3% from $214M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of RUSHB and 7 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 8 added.
The largest buyer was Ancient Art, opening a new position worth an estimated $13.8M. The largest seller was Newtyn Management, exiting entirely with an estimated $12.8M sold.
- 31 institutional investors held Rush Enterprises Class B (RUSHB) as of Q3 2015, down from 32 in Q2 2015.
- Funds reported $207M of Rush Enterprises Class B stock for Q3 2015, down 3.3% quarter-over-quarter.
- 7 funds opened new Rush Enterprises Class B positions in Q3 2015 and 8 closed out, a net change of -1 holder.
- The largest Rush Enterprises Class B buyer in Q3 2015 was Ancient Art, an estimated $13.8M added.
- The largest Rush Enterprises Class B seller in Q3 2015 was Newtyn Management, an estimated $12.8M sold.
Based on aggregated 13F filings for Q3 2015.