Rush Enterprises Class B
RUSHB
56 hedge funds and large institutions have $165M invested in Rush Enterprises Class B in 2019 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 26 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
13% more capital invested
Capital invested by funds: $146M → $165M (+$19.3M)
8% more funds holding
Funds holding: 52 → 56 (+4)
0.08% less ownership
Funds ownership: 98.39% → 98.31% (-0.08%)
50% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$632K |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$254K |
| 3 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$242K |
| 4 |
Morgan Stanley
New York
|
+$236K |
| 5 |
JP Morgan Chase
New York
|
+$203K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
Private Management Group
Irvine,
California
|
-$1.04M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$394K |
| 3 |
CFB
Cullen/Frost Bankers
San Antonio,
Texas
|
-$329K |
| 4 |
MSL
Mackay Shields LLC
New York
|
-$328K |
| 5 |
CIM
Corbyn Investment Management
Lutherville,
Maryland
|
-$326K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of Montreal
Toronto,
Ontario, Canada
| $26K | +$7.12K | +367 | +41% |
|
|
AIP
52
Ameritas Investment Partners
Lincoln,
Nebraska
| $23K | -$8.52K | -439 | -28% |
|
|
PAM
53
Panagora Asset Management
Boston,
Massachusetts
| $18K | +$16.9K | +869 | New |
|
54
Royal Bank of Canada
Toronto,
Ontario, Canada
| $16K | +$9.78K | +504 | +174% |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| $3K | -$30.6K | -1,579 | -92% |
|
|
MSL
56
Mackay Shields LLC
New York
| – | -$328K | -18,459 | Closed |
|
|
CBT
57
Central Bank & Trust
Lexington,
Kentucky
| – | -$8K | -450 | Closed |
|
RUSHB Hedge Fund Activity: Q4 2019 in Review
56 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Rush Enterprises Class B (RUSHB) for Q4 2019, worth a combined $165M — up 13% from $146M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RUSHB positions and 2 closed out — a net gain of 5 holders — while 13 added to existing stakes and 26 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $632K. The largest seller was Private Management Group, cutting an estimated $1.04M.
- 56 institutional investors held Rush Enterprises Class B (RUSHB) as of Q4 2019, up from 52 in Q3 2019.
- Funds reported $165M of Rush Enterprises Class B stock for Q4 2019, up 13% quarter-over-quarter.
- 7 funds opened new Rush Enterprises Class B positions in Q4 2019 and 2 closed out, a net change of +5 holders.
- The largest Rush Enterprises Class B buyer in Q4 2019 was Allianz Asset Management, an estimated $632K added.
- The largest Rush Enterprises Class B seller in Q4 2019 was Private Management Group, an estimated $1.04M sold.
Based on aggregated 13F filings for Q4 2019.