Rush Enterprises Class B
RUSHB
52 hedge funds and large institutions have $146M invested in Rush Enterprises Class B in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
6% more capital invested
Capital invested by funds: $137M → $146M (+$8.42M)
4% more funds holding
Funds holding: 50 → 52 (+2)
0.6% less ownership
Funds ownership: 98.99% → 98.39% (-0.6%)
12% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$345K |
| 2 |
BlackRock
New York
|
+$339K |
| 3 |
SRAM
Stone Ridge Asset Management
New York
|
+$196K |
| 4 |
State Street
Boston,
Massachusetts
|
+$171K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$115K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
Private Management Group
Irvine,
California
|
-$2M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$471K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$335K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$285K |
| 5 |
MSL
Mackay Shields LLC
New York
|
-$270K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Royal Bank of Canada
Toronto,
Ontario, Canada
| $5K | +$2.97K | +171 | +144% |
|
|
BEAM
52
Baker Ellis Asset Management
Vancouver,
Washington
| – | -$102K | -6,188 | Closed |
|
|
PCP
53
Proficio Capital Partners
Newton,
Massachusetts
| – | -$11K | -684 | Closed |
|
54
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$4K | -218 | Closed |
|
RUSHB Hedge Fund Activity: Q3 2019 in Review
52 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Rush Enterprises Class B (RUSHB) for Q3 2019, worth a combined $146M — up 6.1% from $137M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new RUSHB positions and 3 closed out — a net gain of 2 holders — while 15 added to existing stakes and 17 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $345K. The largest seller was Private Management Group, cutting an estimated $2M.
- 52 institutional investors held Rush Enterprises Class B (RUSHB) as of Q3 2019, up from 50 in Q2 2019.
- Funds reported $146M of Rush Enterprises Class B stock for Q3 2019, up 6.1% quarter-over-quarter.
- 5 funds opened new Rush Enterprises Class B positions in Q3 2019 and 3 closed out, a net change of +2 holders.
- The largest Rush Enterprises Class B buyer in Q3 2019 was Citadel Advisors, an estimated $345K added.
- The largest Rush Enterprises Class B seller in Q3 2019 was Private Management Group, an estimated $2M sold.
Based on aggregated 13F filings for Q3 2019.