Tudor Investment Corp Reduces Stake in Rush Enterprises

Hedge fund cuts position in commercial vehicle distributor by 7.6%

Mar. 22, 2026 at 11:04am

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Tudor Investment Corp ET AL, a major institutional investor, has reduced its stake in Rush Enterprises, Inc. (NASDAQ:RUSHA) by 7.6% in the third quarter. The firm now owns 229,506 shares of the commercial vehicle distributor's stock, valued at $12.27 million at the end of the reporting period.

Why it matters

This move by a prominent hedge fund could signal a shift in investor sentiment towards Rush Enterprises, which has seen its stock price fluctuate in recent quarters. As a leading distributor of commercial vehicles and related products, the company's performance is closely watched by industry analysts and investors.

The details

According to a regulatory filing, Tudor Investment Corp ET AL sold 18,779 shares of Rush Enterprises during the third quarter. The firm now holds a 7.6% smaller position in the company compared to the previous quarter. Rush Enterprises operates a network of over 150 dealerships across 20 states, partnering with major manufacturers like Kenworth, Peterbilt, Freightliner, Volvo, and Mack.

  • Tudor Investment Corp ET AL reported the stake reduction in its 13F filing for the third quarter of 2026.

The players

Tudor Investment Corp ET AL

A prominent hedge fund that has reduced its stake in Rush Enterprises.

Rush Enterprises, Inc.

A leading distributor of commercial vehicles and related products in the United States, operating a network of over 150 dealerships across 20 states.

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The takeaway

This stake reduction by Tudor Investment Corp ET AL could signal a shift in investor sentiment towards Rush Enterprises, a leading player in the commercial vehicle distribution industry. The company's performance and market position will continue to be closely watched by industry analysts and investors.