Leonardo DRS
117 hedge funds and large institutions have $851M invested in Leonardo DRS in 2023 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 36 increasing their positions, 35 reducing their positions, and 37 closing their positions.
273% more call options, than puts
Call options by funds: $35.2M | Put options by funds: $9.43M
51% more capital invested
Capital invested by funds: $562M → $851M (+$289M)
2.2% more ownership
Funds ownership: 16.6% → 18.81% (+2.2%)
3% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 35
4% less funds holding
Funds holding: 122 → 117 (-5)
11% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$49.9M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
+$37.3M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$17.5M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$17.3M |
| 5 |
State Street
Boston,
Massachusetts
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
-$19.7M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$13.2M |
| 3 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$12.3M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.98M |
| 5 |
Millennium Management
New York
|
-$6.76M |
DRS Hedge Fund Activity: Q2 2023 in Review
117 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Leonardo DRS (DRS) for Q2 2023, worth a combined $851M — up 51% from $562M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of DRS and 33 opened new positions — a net loss of 4 holders — while 35 trimmed existing stakes and 36 added.
The largest buyer was BlackRock, adding an estimated $49.9M. The largest seller was Cooper Creek Partners Management, exiting entirely with an estimated $19.7M sold.
- 117 institutional investors held Leonardo DRS (DRS) as of Q2 2023, down from 122 in Q1 2023.
- Funds reported $851M of Leonardo DRS stock for Q2 2023, up 51% quarter-over-quarter.
- 33 funds opened new Leonardo DRS positions in Q2 2023 and 37 closed out, a net change of -4 holders.
- The largest Leonardo DRS buyer in Q2 2023 was BlackRock, an estimated $49.9M added.
- The largest Leonardo DRS seller in Q2 2023 was Cooper Creek Partners Management, an estimated $19.7M sold.
Based on aggregated 13F filings for Q2 2023.