DRESSER-RAND GROUP INC
DRC
DRC was delisted on the 30th of June, 2015.
272 hedge funds and large institutions have $4.33B invested in DRESSER-RAND GROUP INC in 2014 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 84 increasing their positions, 104 reducing their positions, and 46 closing their positions.
508% more call options, than puts
Call options by funds: $45.6M | Put options by funds: $7.51M
1% less capital invested
Capital invested by funds: $4.38B → $4.33B (-$54.7M)
9% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 46
3% less funds holding
Funds holding: 280 → 272 (-8)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
19% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 104
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
+$248M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$77.5M |
| 3 |
SIG
Senator Investment Group
New York
|
+$56.9M |
| 4 |
GCM
Glenview Capital Management
New York
|
+$50.7M |
| 5 |
D.E. Shaw & Co
New York
|
+$47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
-$109M |
| 2 |
Jennison Associates
New York
|
-$52.1M |
| 3 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$51.9M |
| 4 |
ZCI
Zevenbergen Capital Investments
Edmonds,
Washington
|
-$46.3M |
| 5 |
Bank of New York Mellon
New York
|
-$39.7M |
DRC Hedge Fund Activity: Q1 2014 in Review
272 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in DRESSER-RAND GROUP INC (DRC) for Q1 2014, worth a combined $4.33B — down 1.2% from $4.38B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of DRC and 42 opened new positions — a net loss of 4 holders — while 104 trimmed existing stakes and 84 added.
The largest buyer was ValueAct Holdings, adding an estimated $248M. The largest seller was Harris Associates, cutting an estimated $109M.
- 272 institutional investors held DRESSER-RAND GROUP INC (DRC) as of Q1 2014, down from 280 in Q4 2013.
- Funds reported $4.33B of DRESSER-RAND GROUP INC stock for Q1 2014, down 1.2% quarter-over-quarter.
- 42 funds opened new DRESSER-RAND GROUP INC positions in Q1 2014 and 46 closed out, a net change of -4 holders.
- The largest DRESSER-RAND GROUP INC buyer in Q1 2014 was ValueAct Holdings, an estimated $248M added.
- The largest DRESSER-RAND GROUP INC seller in Q1 2014 was Harris Associates, an estimated $109M sold.
Based on aggregated 13F filings for Q1 2014.