Rush Enterprises Class B
RUSHB
59 hedge funds and large institutions have $171M invested in Rush Enterprises Class B in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 13 increasing their positions, 24 reducing their positions, and 3 closing their positions.
333% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 3
20% more funds holding
Funds holding: 49 → 59 (+10)
7% more capital invested
Capital invested by funds: $159M → $171M (+$11.7M)
9.4% less ownership
Funds ownership: 126.55% → 117.15% (-9.4%)
46% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 24
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$793K |
| 2 |
FQ
First Quadrant
Glendale,
California
|
+$714K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$636K |
| 4 |
State Street
Boston,
Massachusetts
|
+$467K |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$397K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancient Art
Austin,
Texas
|
-$14.3M |
| 2 |
BlackRock
New York
|
-$1.66M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$643K |
| 4 |
Millennium Management
New York
|
-$552K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$379K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Legal & General Group
London,
United Kingdom
| $34K | – | – | – |
|
|
PCM
52
Prelude Capital Management
New York
| $31K | +$29K | +1,944 | New |
|
53
BNP Paribas Financial Markets
Paris,
France
| $18.4K | +$16.8K | +1,125 | +12,500% |
|
54
Canada Life
Winnipeg,
Manitoba, Canada
| $18K | +$16.8K | +1,125 | New |
|
|
AIM
55
Acrospire Investment Management
Chicago,
Illinois
| $15K | -$41.4K | -2,774 | -76% |
|
|
FPF
56
FNY Partners Fund
New York
| $10K | -$6.93K | -464 | -42% |
|
|
MAM
57
Meeder Asset Management
Dublin,
Ohio
| $5K | – | – | – |
|
58
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | -$7.59K | -508 | -87% |
|
|
VKH
59
Virtu KCG Holdings
New York
| – | -$323K | -23,274 | Closed |
|
60
JP Morgan Chase
New York
| – | -$111K | -8,033 | Closed |
|
61
UBS Group
Zurich,
Switzerland
| – | -$11K | -801 | Closed |
|
|
HNB
62
Huntington National Bank
Columbus,
Ohio
| – | +$30 | +2 | New |
|
RUSHB Hedge Fund Activity: Q2 2017 in Review
59 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Rush Enterprises Class B (RUSHB) for Q2 2017, worth a combined $171M — up 7.4% from $159M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new RUSHB positions and 3 closed out — a net gain of 10 holders — while 13 added to existing stakes and 24 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $793K. The largest seller was Ancient Art, cutting an estimated $14.3M.
- 59 institutional investors held Rush Enterprises Class B (RUSHB) as of Q2 2017, up from 49 in Q1 2017.
- Funds reported $171M of Rush Enterprises Class B stock for Q2 2017, up 7.4% quarter-over-quarter.
- 13 funds opened new Rush Enterprises Class B positions in Q2 2017 and 3 closed out, a net change of +10 holders.
- The largest Rush Enterprises Class B buyer in Q2 2017 was Renaissance Technologies, an estimated $793K added.
- The largest Rush Enterprises Class B seller in Q2 2017 was Ancient Art, an estimated $14.3M sold.
Based on aggregated 13F filings for Q2 2017.