NEWS

<p style="text-align:center;"> <img src="/membcentre/editor/attached/image/20180518/20180518084713_40204.bmp" alt="" /> </p> <p style="text-align:center;"> <br /> </p> <p style="text-align:left;"> Port Capital LLC grew its holdings in shares of RBC Bearings Incorporated (NASDAQ:ROLL) by 3.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 125,959 shares of the industrial products company’s stock after buying an additional 4,051 shares during the quarter. RBC Bearings accounts for approximately 2.6% of Port Capital LLC’s holdings, making the stock its 12th biggest holding. Port Capital LLC owned approximately 0.52% of RBC Bearings worth $15,644,000 as of its most recent SEC filing.<br /> <br /> Several other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. grew its stake in RBC Bearings by 3.8% in the 4th quarter. BlackRock Inc. now owns 2,066,687 shares of the industrial products company’s stock worth $261,229,000 after acquiring an additional 76,161 shares in the last quarter. Wasatch Advisors Inc. boosted its stake in shares of RBC Bearings by 8.4% during the first quarter. Wasatch Advisors Inc. now owns 1,299,177 shares of the industrial products company’s stock valued at $161,358,000 after purchasing an additional 100,505 shares in the last quarter. Wells Fargo &amp; Company MN boosted its stake in shares of RBC Bearings by 0.8% during the first quarter. Wells Fargo &amp; Company MN now owns 652,961 shares of the industrial products company’s stock valued at $81,097,000 after purchasing an additional 4,988 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of RBC Bearings by 22.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 352,148 shares of the industrial products company’s stock valued at $44,511,000 after purchasing an additional 64,511 shares in the last quarter. Finally, OppenheimerFunds Inc. boosted its stake in shares of RBC Bearings by 3.6% during the fourth quarter. OppenheimerFunds Inc. now owns 321,686 shares of the industrial products company’s stock valued at $40,661,000 after purchasing an additional 11,275 shares in the last quarter. Hedge funds and other institutional investors own 99.86% of the company’s stock.&nbsp; &nbsp;<br /> <div style="white-space:nowrap;"> <br /> </div> </p>