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Rush Enterprises Class B

87 hedge funds and large institutions have $353M invested in Rush Enterprises Class B in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 29 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 8

11% more capital invested

Capital invested by funds: $317M → $353M (+$35.7M)

1% more funds holding

Funds holding: 8687 (+1)

0.83% less ownership

Funds ownership: 38.06%37.24% (-0.83%)

7% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 29

Holders
87
Holders Change
+1
Holders Change %
+1.16%
% of All Funds
1.27%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
27
Reduced
29
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$77.1M -$403K -8,964 -0.6%
GI
2
GAMCO Investors
Connecticut
$59M -$687K -15,300 -1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$45.6M -$131K -2,922 -0.3%
BlackRock
4
BlackRock
New York
$34.9M +$1.51M +33,571 +5%
GF
5
Gabelli Funds
New York
$29.8M -$11.2K -250 -0%
Renaissance Technologies
6
Renaissance Technologies
New York
$22.9M -$788K -17,550 -4%
PMG
7
Private Management Group
California
$17.3M -$1.69M -37,558 -10%
State Street
8
State Street
Massachusetts
$12M +$314K +6,984 +3%
TA
9
Teton Advisors
New York
$4.79M -$982K -21,850 -19%
Northern Trust
10
Northern Trust
Illinois
$4.22M -$118K -2,624 -3%
Charles Schwab
11
Charles Schwab
California
$3.85M +$157K +3,496 +5%
Morgan Stanley
12
Morgan Stanley
New York
$3.82M +$2.26M +50,368 +232%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$3.28M +$1.31M +29,242 +89%
VIM
14
Vista Investment Management
Pennsylvania
$3.06M -$29.9K -665 -1%
N
15
Nuveen
North Carolina
$2.11M +$11.5K +255 +0.6%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$2.05M +$37.6K +837 +2%
Allianz Asset Management
17
Allianz Asset Management
Germany
$1.78M -$1.36M -30,220 -47%
Goldman Sachs
18
Goldman Sachs
New York
$1.63M -$10.5K -234 -0.8%
SEI Investments
19
SEI Investments
Pennsylvania
$1.55M +$145K +3,223 +12%
Barclays
20
Barclays
United Kingdom
$1.54M +$468K +10,429 +56%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$1.33M -$566K -12,590 -33%
BCM
22
Bridgeway Capital Management
Texas
$1.25M -$2.07M -46,015 -66%
JCP
23
JB Capital Partners
New York
$1.08M
Millennium Management
24
Millennium Management
New York
$985K -$326K -7,259 -28%
CIM
25
Corbyn Investment Management
Maryland
$918K

RUSHB Hedge Fund Activity: Q4 2023 in Review

87 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Rush Enterprises Class B (RUSHB) for Q4 2023, worth a combined $353M — up 11% from $317M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new RUSHB positions and 8 closed out — a net gain of 2 holders — while 27 added to existing stakes and 29 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $2.26M. The largest seller was Cullen/Frost Bankers, exiting entirely with an estimated $11.6M sold.

  • 87 institutional investors held Rush Enterprises Class B (RUSHB) as of Q4 2023, up from 86 in Q3 2023.
  • Funds reported $353M of Rush Enterprises Class B stock for Q4 2023, up 11% quarter-over-quarter.
  • 10 funds opened new Rush Enterprises Class B positions in Q4 2023 and 8 closed out, a net change of +2 holders.
  • The largest Rush Enterprises Class B buyer in Q4 2023 was Morgan Stanley, an estimated $2.26M added.
  • The largest Rush Enterprises Class B seller in Q4 2023 was Cullen/Frost Bankers, an estimated $11.6M sold.

Based on aggregated 13F filings for Q4 2023.