Rush Enterprises Class B
RUSHB
86 hedge funds and large institutions have $317M invested in Rush Enterprises Class B in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 47 reducing their positions, and 12 closing their positions.
4% less capital invested
Capital invested by funds: $331M → $317M (-$14.2M)
3% less funds holding
Funds holding: 89 → 86 (-3)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
21.52% less ownership
Funds ownership: 59.58% → 38.06% (-22%)
62% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Inspire Advisors
Meridian,
Idaho
|
+$679K |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$431K |
| 3 |
HF
HRT Financial
New York
|
+$398K |
| 4 |
PTC
Petrus Trust Company
Dallas,
Texas
|
+$288K |
| 5 |
Renaissance Technologies
New York
|
+$273K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$1.79M |
| 2 |
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
|
-$1.78M |
| 3 |
PMG
Private Management Group
Irvine,
California
|
-$1.72M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.37M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.26M |
RUSHB Hedge Fund Activity: Q3 2023 in Review
86 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Rush Enterprises Class B (RUSHB) for Q3 2023, worth a combined $317M — down 4.3% from $331M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of RUSHB and 10 opened new positions — a net loss of 2 holders — while 47 trimmed existing stakes and 18 added.
The largest buyer was Inspire Advisors, opening a new position worth an estimated $679K. The largest seller was BlackRock, cutting an estimated $1.79M.
- 86 institutional investors held Rush Enterprises Class B (RUSHB) as of Q3 2023, down from 89 in Q2 2023.
- Funds reported $317M of Rush Enterprises Class B stock for Q3 2023, down 4.3% quarter-over-quarter.
- 10 funds opened new Rush Enterprises Class B positions in Q3 2023 and 12 closed out, a net change of -2 holders.
- The largest Rush Enterprises Class B buyer in Q3 2023 was Inspire Advisors, an estimated $679K added.
- The largest Rush Enterprises Class B seller in Q3 2023 was BlackRock, an estimated $1.79M sold.
Based on aggregated 13F filings for Q3 2023.