DRESSER-RAND GROUP INC
DRC
DRC was delisted on the 30th of June, 2015.
227 hedge funds and large institutions have $4.9B invested in DRESSER-RAND GROUP INC in 2015 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 92 increasing their positions, 80 reducing their positions, and 54 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 80
5% less funds holding in top 10
Funds holding in top 10: 22 → 21 (-1)
13% less funds holding
Funds holding: 261 → 227 (-34)
16% less capital invested
Capital invested by funds: $5.87B → $4.9B (-$967M)
37% less call options, than puts
Call options by funds: $61.1M | Put options by funds: $97M
61% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
+$156M |
| 2 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$84.6M |
| 3 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$66.9M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$60M |
| 5 |
TAL
TIG Advisors LLC
New York
|
+$58.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
HBK Investments
Dallas,
Texas
|
-$300M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$294M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$265M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
-$98.3M |
| 5 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$87.8M |
DRC Hedge Fund Activity: Q2 2015 in Review
227 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in DRESSER-RAND GROUP INC (DRC) for Q2 2015, worth a combined $4.9B — down 16% from $5.87B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of DRC and 21 opened new positions — a net loss of 33 holders — while 80 trimmed existing stakes and 92 added.
The largest buyer was Davidson Kempner Capital Management, adding an estimated $156M. The largest seller was HBK Investments, exiting entirely with an estimated $300M sold.
- 227 institutional investors held DRESSER-RAND GROUP INC (DRC) as of Q2 2015, down from 261 in Q1 2015.
- Funds reported $4.9B of DRESSER-RAND GROUP INC stock for Q2 2015, down 16% quarter-over-quarter.
- 21 funds opened new DRESSER-RAND GROUP INC positions in Q2 2015 and 54 closed out, a net change of -33 holders.
- The largest DRESSER-RAND GROUP INC buyer in Q2 2015 was Davidson Kempner Capital Management, an estimated $156M added.
- The largest DRESSER-RAND GROUP INC seller in Q2 2015 was HBK Investments, an estimated $300M sold.
Based on aggregated 13F filings for Q2 2015.