DRESSER-RAND GROUP INC
DRC
DRC was delisted on the 30th of June, 2015.
280 hedge funds and large institutions have $4.38B invested in DRESSER-RAND GROUP INC in 2013 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 106 increasing their positions, 105 reducing their positions, and 44 closing their positions.
1% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 105
1% less capital invested
Capital invested by funds: $4.43B → $4.38B (-$51.9M)
7% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 44
1% less funds holding
Funds holding: 284 → 280 (-4)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
91% less call options, than puts
Call options by funds: $16.9M | Put options by funds: $184M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$75.4M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$62.9M |
| 3 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
+$51.5M |
| 4 |
VH
ValueAct Holdings
San Francisco,
California
|
+$39M |
| 5 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$36.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$162M |
| 2 |
ASA
Armstrong Shaw Associates
New Canaan,
Connecticut
|
-$57.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$44.3M |
| 4 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$30.4M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.6M |
DRC Hedge Fund Activity: Q4 2013 in Review
280 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in DRESSER-RAND GROUP INC (DRC) for Q4 2013, worth a combined $4.38B — down 1.2% from $4.43B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of DRC and 41 opened new positions — a net loss of 3 holders — while 105 trimmed existing stakes and 106 added.
The largest buyer was EdgePoint Investment Group, adding an estimated $75.4M. The largest seller was Massachusetts Financial Services, cutting an estimated $162M.
- 280 institutional investors held DRESSER-RAND GROUP INC (DRC) as of Q4 2013, down from 284 in Q3 2013.
- Funds reported $4.38B of DRESSER-RAND GROUP INC stock for Q4 2013, down 1.2% quarter-over-quarter.
- 41 funds opened new DRESSER-RAND GROUP INC positions in Q4 2013 and 44 closed out, a net change of -3 holders.
- The largest DRESSER-RAND GROUP INC buyer in Q4 2013 was EdgePoint Investment Group, an estimated $75.4M added.
- The largest DRESSER-RAND GROUP INC seller in Q4 2013 was Massachusetts Financial Services, an estimated $162M sold.
Based on aggregated 13F filings for Q4 2013.