DRESSER-RAND GROUP INC
DRC
DRC was delisted on the 30th of June, 2015.
261 hedge funds and large institutions have $5.87B invested in DRESSER-RAND GROUP INC in 2015 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 96 increasing their positions, 101 reducing their positions, and 43 closing their positions.
57% more call options, than puts
Call options by funds: $253M | Put options by funds: $160M
2% more capital invested
Capital invested by funds: $5.77B → $5.87B (+$94.3M)
0% more funds holding in top 10
Funds holding in top 10: 22 → 22 (0)
5% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 101
8% less funds holding
Funds holding: 283 → 261 (-22)
42% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$95.6M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$82.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$69.7M |
| 4 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
+$68.3M |
| 5 |
TCA
Taconic Capital Advisors
New York
|
+$53.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$141M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$95.3M |
| 3 |
WIC
Water Island Capital
New York
|
-$66.2M |
| 4 |
HMC
Harvard Management Company
Boston,
Massachusetts
|
-$55.2M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$49.5M |
DRC Hedge Fund Activity: Q1 2015 in Review
261 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in DRESSER-RAND GROUP INC (DRC) for Q1 2015, worth a combined $5.87B — up 1.6% from $5.77B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of DRC and 25 opened new positions — a net loss of 18 holders — while 101 trimmed existing stakes and 96 added.
The largest buyer was Pentwater Capital Management, adding an estimated $95.6M. The largest seller was AQR Capital Management, cutting an estimated $141M.
- 261 institutional investors held DRESSER-RAND GROUP INC (DRC) as of Q1 2015, down from 283 in Q4 2014.
- Funds reported $5.87B of DRESSER-RAND GROUP INC stock for Q1 2015, up 1.6% quarter-over-quarter.
- 25 funds opened new DRESSER-RAND GROUP INC positions in Q1 2015 and 43 closed out, a net change of -18 holders.
- The largest DRESSER-RAND GROUP INC buyer in Q1 2015 was Pentwater Capital Management, an estimated $95.6M added.
- The largest DRESSER-RAND GROUP INC seller in Q1 2015 was AQR Capital Management, an estimated $141M sold.
Based on aggregated 13F filings for Q1 2015.