Rush Enterprises Class B
RUSHB
79 hedge funds and large institutions have $235M invested in Rush Enterprises Class B in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 27 increasing their positions, 26 reducing their positions, and 11 closing their positions.
2.53% more ownership
Funds ownership: 58.18% → 60.71% (+2.5%)
4% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 26
3% less capital invested
Capital invested by funds: $242M → $235M (-$7.64M)
7% less funds holding
Funds holding: 85 → 79 (-6)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.44M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$1.98M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.03M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$672K |
| 5 |
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
|
+$633K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
Private Management Group
Irvine,
California
|
-$2.06M |
| 2 |
Renaissance Technologies
New York
|
-$1.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$599K |
| 4 |
TA
Teton Advisors
Rye,
New York
|
-$598K |
| 5 |
HF
HRT Financial
New York
|
-$525K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SC
76
Schubert & Co
Mckinney,
Texas
| $1K | +$319 | +9 | +64% |
|
|
77
Citadel Advisors
Miami,
Florida
| – | -$599K | -18,087 | Closed |
|
|
HF
78
HRT Financial
New York
| – | -$525K | -15,882 | Closed |
|
|
CL
79
CSS LLC
Chicago,
Illinois
| – | -$216K | -6,531 | Closed |
|
80
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$205K | -6,189 | Closed |
|
|
BEAM
81
Baker Ellis Asset Management
Vancouver,
Washington
| – | -$201K | -6,075 | Closed |
|
82
SG Americas Securities
New York
| – | -$126K | -3,809 | Closed |
|
83
BNP Paribas Financial Markets
Paris,
France
| – | -$96.8K | -2,927 | Closed |
|
|
CTC
84
Central Trust Company
Jefferson City,
Missouri
| – | -$12K | -375 | Closed |
|
|
SIC
85
SJS Investment Consulting
Sylvania,
Ohio
| – | +$177 | +5 | New |
|
RUSHB Hedge Fund Activity: Q3 2022 in Review
79 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Rush Enterprises Class B (RUSHB) for Q3 2022, worth a combined $235M — down 3.2% from $242M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of RUSHB and 5 opened new positions — a net loss of 6 holders — while 26 trimmed existing stakes and 27 added.
The largest buyer was Royal Bank of Canada, adding an estimated $2.44M. The largest seller was Private Management Group, cutting an estimated $2.06M.
- 79 institutional investors held Rush Enterprises Class B (RUSHB) as of Q3 2022, down from 85 in Q2 2022.
- Funds reported $235M of Rush Enterprises Class B stock for Q3 2022, down 3.2% quarter-over-quarter.
- 5 funds opened new Rush Enterprises Class B positions in Q3 2022 and 11 closed out, a net change of -6 holders.
- The largest Rush Enterprises Class B buyer in Q3 2022 was Royal Bank of Canada, an estimated $2.44M added.
- The largest Rush Enterprises Class B seller in Q3 2022 was Private Management Group, an estimated $2.06M sold.
Based on aggregated 13F filings for Q3 2022.