Rush Enterprises Class B
RUSHB
29 hedge funds and large institutions have $108M invested in Rush Enterprises Class B in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
4% more funds holding
Funds holding: 28 → 29 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
20% less capital invested
Capital invested by funds: $135M → $108M (-$27.4M)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Magnolia Group
Omaha,
Nebraska
|
+$1.25M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
+$340K |
| 3 |
Goldman Sachs
New York
|
+$302K |
| 4 |
Morgan Stanley
New York
|
+$182K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$132K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$5.26M |
| 2 |
CIM
Corbyn Investment Management
Lutherville,
Maryland
|
-$732K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$663K |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$628K |
| 5 |
Renaissance Technologies
New York
|
-$302K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $10K | -$6.15K | -765 | -39% |
|
27
Wells Fargo
San Francisco,
California
| $4K | – | – | – |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $4K | +$4.05K | +504 | New |
|
29
UBS Group
Zurich,
Switzerland
| $1K | +$707 | +88 | New |
|
|
CWAM
30
Columbia Wanger Asset Management
Chicago,
Illinois
| – | -$5.26M | -540,909 | Closed |
|
|
31
Ameriprise
Minneapolis,
Minnesota
| – | -$663K | -68,103 | Closed |
|
|
32
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$628K | -64,508 | Closed |
|
33
Bank of America
Charlotte,
North Carolina
| – | -$2K | -225 | Closed |
|
RUSHB Hedge Fund Activity: Q1 2016 in Review
29 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Rush Enterprises Class B (RUSHB) for Q1 2016, worth a combined $108M — down 20% from $135M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new RUSHB positions and 4 closed out — a net gain of 1 holder — while 5 added to existing stakes and 8 trimmed.
The largest buyer was Magnolia Group, adding an estimated $1.25M. The largest seller was Columbia Wanger Asset Management, exiting entirely with an estimated $5.26M sold.
- 29 institutional investors held Rush Enterprises Class B (RUSHB) as of Q1 2016, up from 28 in Q4 2015.
- Funds reported $108M of Rush Enterprises Class B stock for Q1 2016, down 20% quarter-over-quarter.
- 5 funds opened new Rush Enterprises Class B positions in Q1 2016 and 4 closed out, a net change of +1 holder.
- The largest Rush Enterprises Class B buyer in Q1 2016 was Magnolia Group, an estimated $1.25M added.
- The largest Rush Enterprises Class B seller in Q1 2016 was Columbia Wanger Asset Management, an estimated $5.26M sold.
Based on aggregated 13F filings for Q1 2016.