Rush Enterprises Class B
RUSHB
50 hedge funds and large institutions have $109M invested in Rush Enterprises Class B in 2020 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 15 increasing their positions, 20 reducing their positions, and 6 closing their positions.
0.8% less ownership
Funds ownership: 98.31% → 97.52% (-0.8%)
11% less funds holding
Funds holding: 56 → 50 (-6)
25% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 20
34% less capital invested
Capital invested by funds: $165M → $109M (-$56.4M)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$575K |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$388K |
| 3 |
VIM
Vista Investment Management
Pittsburgh,
Pennsylvania
|
+$368K |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$356K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$121K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$886K |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$851K |
| 3 |
PMG
Private Management Group
Irvine,
California
|
-$373K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$353K |
| 5 |
Morgan Stanley
New York
|
-$242K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SRAM
51
Stone Ridge Asset Management
New York
| – | -$230K | -11,300 | Closed |
|
|
BEAM
52
Baker Ellis Asset Management
Vancouver,
Washington
| – | -$114K | -5,625 | Closed |
|
53
Lazard Asset Management
New York
| – | -$30K | -1,523 | Closed |
|
54
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$26K | -1,265 | Closed |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| – | -$3K | -140 | Closed |
|
RUSHB Hedge Fund Activity: Q1 2020 in Review
50 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Rush Enterprises Class B (RUSHB) for Q1 2020, worth a combined $109M — down 34% from $165M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of RUSHB and 1 opened new positions — a net loss of 5 holders — while 20 trimmed existing stakes and 15 added.
The largest buyer was State Street, adding an estimated $575K. The largest seller was Bridgeway Capital Management, cutting an estimated $886K.
- 50 institutional investors held Rush Enterprises Class B (RUSHB) as of Q1 2020, down from 56 in Q4 2019.
- Funds reported $109M of Rush Enterprises Class B stock for Q1 2020, down 34% quarter-over-quarter.
- 1 fund opened new Rush Enterprises Class B positions in Q1 2020 and 6 closed out, a net change of -5 holders.
- The largest Rush Enterprises Class B buyer in Q1 2020 was State Street, an estimated $575K added.
- The largest Rush Enterprises Class B seller in Q1 2020 was Bridgeway Capital Management, an estimated $886K sold.
Based on aggregated 13F filings for Q1 2020.