DYNAMICS RESEARCH CORP
DRCO
DRCO was delisted on the 31st of January, 2014.
32 hedge funds and large institutions have $36.7M invested in DYNAMICS RESEARCH CORP in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 5 closing their positions.
36% more capital invested
Capital invested by funds: $26.9M → $36.7M (+$9.74M)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
3% less funds holding
Funds holding: 33 → 32 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
Osmium Partners
Greenbrae,
California
|
+$988K |
| 2 |
US Bancorp
Minneapolis,
Minnesota
|
+$175K |
| 3 |
BCA
Benchmark Capital Advisors
New York
|
+$118K |
| 4 |
GPC
Glacier Peak Capital
Bellevue,
Washington
|
+$79.1K |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$46.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$440K |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$368K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$259K |
| 4 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$96K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$94.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BA
26
BlackRock Advisors
Wilmington,
Delaware
| $16K | – | – | – |
|
27
Wells Fargo
San Francisco,
California
| $11K | – | – | – |
|
|
U
28
UBS
Zurich,
Switzerland
| $8K | +$6.46K | +1,005 | +3,722% |
|
29
Bank of America
Charlotte,
North Carolina
| $1K | +$489 | +76 | +317% |
|
|
PFG
30
Piershale Financial Group
Barrington,
Illinois
| $1K | +$611 | +95 | New |
|
31
Nomura Holdings
Tokyo,
Japan
| $1K | +$643 | +100 | New |
|
32
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $1 | – | – | – |
|
|
33
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$368K | -66,115 | Closed |
|
|
SKK
34
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| – | -$96K | -17,170 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | -$37K | -6,619 | Closed |
|
|
PAM
36
Panagora Asset Management
Boston,
Massachusetts
| – | -$3K | -512 | Closed |
|
37
Schroder Investment Management Group
London,
United Kingdom
| – | -$2.23K | -400 | Closed |
|
DRCO Hedge Fund Activity: Q3 2013 in Review
32 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in DYNAMICS RESEARCH CORP (DRCO) for Q3 2013, worth a combined $36.7M — up 36% from $26.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DRCO and 4 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 8 added.
The largest buyer was Osmium Partners, opening a new position worth an estimated $988K. The largest seller was Heartland Advisors, cutting an estimated $440K.
- 32 institutional investors held DYNAMICS RESEARCH CORP (DRCO) as of Q3 2013, down from 33 in Q2 2013.
- Funds reported $36.7M of DYNAMICS RESEARCH CORP stock for Q3 2013, up 36% quarter-over-quarter.
- 4 funds opened new DYNAMICS RESEARCH CORP positions in Q3 2013 and 5 closed out, a net change of -1 holder.
- The largest DYNAMICS RESEARCH CORP buyer in Q3 2013 was Osmium Partners, an estimated $988K added.
- The largest DYNAMICS RESEARCH CORP seller in Q3 2013 was Heartland Advisors, an estimated $440K sold.
Based on aggregated 13F filings for Q3 2013.