Rush Enterprises Class B
RUSHB
60 hedge funds and large institutions have $164M invested in Rush Enterprises Class B in 2018 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 13 increasing their positions, 29 reducing their positions, and 12 closing their positions.
0.47% less ownership
Funds ownership: 108.69% → 108.22% (-0.47%)
17% less funds holding
Funds holding: 72 → 60 (-12)
18% less capital invested
Capital invested by funds: $200M → $164M (-$36M)
55% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 29
92% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$747K |
| 2 |
PMG
Private Management Group
Irvine,
California
|
+$542K |
| 3 |
Renaissance Technologies
New York
|
+$424K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$360K |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
+$265K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$698K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$687K |
| 3 |
SIM
Spark Investment Management
New York
|
-$529K |
| 4 |
CFB
Cullen/Frost Bankers
San Antonio,
Texas
|
-$420K |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$392K |
RUSHB Hedge Fund Activity: Q1 2018 in Review
60 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Rush Enterprises Class B (RUSHB) for Q1 2018, worth a combined $164M — down 18% from $200M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of RUSHB and 1 opened new positions — a net loss of 11 holders — while 29 trimmed existing stakes and 13 added.
The largest buyer was Mackay Shields LLC, opening a new position worth an estimated $747K. The largest seller was Millennium Management, exiting entirely with an estimated $698K sold.
- 60 institutional investors held Rush Enterprises Class B (RUSHB) as of Q1 2018, down from 72 in Q4 2017.
- Funds reported $164M of Rush Enterprises Class B stock for Q1 2018, down 18% quarter-over-quarter.
- 1 fund opened new Rush Enterprises Class B positions in Q1 2018 and 12 closed out, a net change of -11 holders.
- The largest Rush Enterprises Class B buyer in Q1 2018 was Mackay Shields LLC, an estimated $747K added.
- The largest Rush Enterprises Class B seller in Q1 2018 was Millennium Management, an estimated $698K sold.
Based on aggregated 13F filings for Q1 2018.