Rush Enterprises Class B
RUSHB
87 hedge funds and large institutions have $353M invested in Rush Enterprises Class B in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 29 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
11% more capital invested
Capital invested by funds: $317M → $353M (+$35.7M)
1% more funds holding
Funds holding: 86 → 87 (+1)
0.83% less ownership
Funds ownership: 38.06% → 37.24% (-0.83%)
7% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.26M |
| 2 |
BlackRock
New York
|
+$1.51M |
| 3 |
Bank of New York Mellon
New York
|
+$1.31M |
| 4 |
Barclays
London,
United Kingdom
|
+$468K |
| 5 |
State Street
Boston,
Massachusetts
|
+$314K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFB
Cullen/Frost Bankers
San Antonio,
Texas
|
-$11.6M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$2.07M |
| 3 |
PMG
Private Management Group
Irvine,
California
|
-$1.69M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$1.36M |
| 5 |
TA
Teton Advisors
Rye,
New York
|
-$982K |
RUSHB Hedge Fund Activity: Q4 2023 in Review
87 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Rush Enterprises Class B (RUSHB) for Q4 2023, worth a combined $353M — up 11% from $317M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new RUSHB positions and 8 closed out — a net gain of 2 holders — while 27 added to existing stakes and 29 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.26M. The largest seller was Cullen/Frost Bankers, exiting entirely with an estimated $11.6M sold.
- 87 institutional investors held Rush Enterprises Class B (RUSHB) as of Q4 2023, up from 86 in Q3 2023.
- Funds reported $353M of Rush Enterprises Class B stock for Q4 2023, up 11% quarter-over-quarter.
- 10 funds opened new Rush Enterprises Class B positions in Q4 2023 and 8 closed out, a net change of +2 holders.
- The largest Rush Enterprises Class B buyer in Q4 2023 was Morgan Stanley, an estimated $2.26M added.
- The largest Rush Enterprises Class B seller in Q4 2023 was Cullen/Frost Bankers, an estimated $11.6M sold.
Based on aggregated 13F filings for Q4 2023.