Rush Enterprises Class B
RUSHB
28 hedge funds and large institutions have $135M invested in Rush Enterprises Class B in 2015 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 7 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
10% less funds holding
Funds holding: 31 → 28 (-3)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
35% less capital invested
Capital invested by funds: $207M → $135M (-$71.9M)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancient Art
Austin,
Texas
|
+$12.2M |
| 2 |
Renaissance Technologies
New York
|
+$290K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$265K |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$227K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$121K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFB
Cullen/Frost Bankers
San Antonio,
Texas
|
-$68.5M |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$9.95M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$3.35M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.36M |
| 5 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$1.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $19K | +$16.6K | +1,652 | +507% |
|
27
Wells Fargo
San Francisco,
California
| $4K | – | – | – |
|
28
Bank of America
Charlotte,
North Carolina
| $2K | +$2.27K | +225 | New |
|
|
AA
29
Ancora Advisors
Cleveland,
Ohio
| – | -$9.95M | -960,797 | Closed |
|
|
30
Boston Partners
Boston,
Massachusetts
| – | -$3.35M | -323,861 | Closed |
|
31
Millennium Management
New York
| – | -$485K | -46,771 | Closed |
|
32
Goldman Sachs
New York
| – | -$243K | -23,420 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$33K | -3,238 | Closed |
|
|
FNYS
34
First New York Securities
New York
| – | -$2.7K | -261 | Closed |
|
35
Morgan Stanley
New York
| – | -$2K | -225 | Closed |
|
RUSHB Hedge Fund Activity: Q4 2015 in Review
28 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Rush Enterprises Class B (RUSHB) for Q4 2015, worth a combined $135M — down 35% from $207M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of RUSHB and 4 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 9 added.
The largest buyer was Ancient Art, adding an estimated $12.2M. The largest seller was Cullen/Frost Bankers, cutting an estimated $68.5M.
- 28 institutional investors held Rush Enterprises Class B (RUSHB) as of Q4 2015, down from 31 in Q3 2015.
- Funds reported $135M of Rush Enterprises Class B stock for Q4 2015, down 35% quarter-over-quarter.
- 4 funds opened new Rush Enterprises Class B positions in Q4 2015 and 7 closed out, a net change of -3 holders.
- The largest Rush Enterprises Class B buyer in Q4 2015 was Ancient Art, an estimated $12.2M added.
- The largest Rush Enterprises Class B seller in Q4 2015 was Cullen/Frost Bankers, an estimated $68.5M sold.
Based on aggregated 13F filings for Q4 2015.