Rush Enterprises Class B
RUSHB
86 hedge funds and large institutions have $292M invested in Rush Enterprises Class B in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 29 increasing their positions, 30 reducing their positions, and 8 closing their positions.
31% more capital invested
Capital invested by funds: $222M → $292M (+$69.8M)
0.9% more ownership
Funds ownership: 61.27% → 62.16% (+0.9%)
3% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 30
5% less funds holding
Funds holding: 91 → 86 (-5)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.68M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.29M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$571K |
| 4 |
UBS AM
Chicago,
Illinois
|
+$225K |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$221K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
Private Management Group
Irvine,
California
|
-$1.36M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$753K |
| 3 |
HF
HRT Financial
New York
|
-$750K |
| 4 |
BlackRock
New York
|
-$711K |
| 5 |
Jane Street
New York
|
-$469K |
RUSHB Hedge Fund Activity: Q1 2023 in Review
86 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Rush Enterprises Class B (RUSHB) for Q1 2023, worth a combined $292M — up 31% from $222M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of RUSHB and 4 opened new positions — a net loss of 4 holders — while 30 trimmed existing stakes and 29 added.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $7.68M. The largest seller was Private Management Group, cutting an estimated $1.36M.
- 86 institutional investors held Rush Enterprises Class B (RUSHB) as of Q1 2023, down from 91 in Q4 2022.
- Funds reported $292M of Rush Enterprises Class B stock for Q1 2023, up 31% quarter-over-quarter.
- 4 funds opened new Rush Enterprises Class B positions in Q1 2023 and 8 closed out, a net change of -4 holders.
- The largest Rush Enterprises Class B buyer in Q1 2023 was Envestnet Asset Management, an estimated $7.68M added.
- The largest Rush Enterprises Class B seller in Q1 2023 was Private Management Group, an estimated $1.36M sold.
Based on aggregated 13F filings for Q1 2023.