Leonardo DRS
161 hedge funds and large institutions have $1.44B invested in Leonardo DRS in 2023 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 72 increasing their positions, 33 reducing their positions, and 6 closing their positions.
583% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 6
148% more call options, than puts
Call options by funds: $23.6M | Put options by funds: $9.53M
118% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 33
75% more capital invested
Capital invested by funds: $822M → $1.44B (+$620M)
28% more funds holding
Funds holding: 126 → 161 (+35)
8.63% more ownership
Funds ownership: 18.8% → 27.43% (+8.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$89.7M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$87.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$52.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$47M |
| 5 |
BlackRock
New York
|
+$34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$22.1M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$21.2M |
| 3 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$17.9M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$8.19M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$7.26M |
DRS Hedge Fund Activity: Q4 2023 in Review
161 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Leonardo DRS (DRS) for Q4 2023, worth a combined $1.44B — up 75% from $822M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new DRS positions and 6 closed out — a net gain of 35 holders — while 72 added to existing stakes and 33 trimmed.
The largest buyer was T. Rowe Price Investment Management, opening a new position worth an estimated $89.7M. The largest seller was Invesco, cutting an estimated $22.1M.
- 161 institutional investors held Leonardo DRS (DRS) as of Q4 2023, up from 126 in Q3 2023.
- Funds reported $1.44B of Leonardo DRS stock for Q4 2023, up 75% quarter-over-quarter.
- 41 funds opened new Leonardo DRS positions in Q4 2023 and 6 closed out, a net change of +35 holders.
- The largest Leonardo DRS buyer in Q4 2023 was T. Rowe Price Investment Management, an estimated $89.7M added.
- The largest Leonardo DRS seller in Q4 2023 was Invesco, an estimated $22.1M sold.
Based on aggregated 13F filings for Q4 2023.