Leonardo DRS
122 hedge funds and large institutions have $562M invested in Leonardo DRS in 2023 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 36 increasing their positions, 24 reducing their positions, and 26 closing their positions.
62% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 26
50% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 24
29% more capital invested
Capital invested by funds: $436M → $562M (+$126M)
14% more funds holding
Funds holding: 107 → 122 (+15)
3.51% more ownership
Funds ownership: 13.1% → 16.6% (+3.5%)
5% less call options, than puts
Call options by funds: $13.4M | Put options by funds: $14.1M
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$45.3M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$26.7M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$24.5M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$24.3M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
+$20.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAP
Madison Avenue Partners
New York
|
-$17.5M |
| 2 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$15M |
| 3 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$9.35M |
| 4 |
MPM
Mountaineer Partners Management
New York
|
-$8.99M |
| 5 |
CC
Clearline Capital
New York
|
-$4.73M |
DRS Hedge Fund Activity: Q1 2023 in Review
122 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Leonardo DRS (DRS) for Q1 2023, worth a combined $562M — up 29% from $436M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new DRS positions and 26 closed out — a net gain of 16 holders — while 36 added to existing stakes and 24 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $45.3M. The largest seller was Madison Avenue Partners, exiting entirely with an estimated $17.5M sold.
- 122 institutional investors held Leonardo DRS (DRS) as of Q1 2023, up from 107 in Q4 2022.
- Funds reported $562M of Leonardo DRS stock for Q1 2023, up 29% quarter-over-quarter.
- 42 funds opened new Leonardo DRS positions in Q1 2023 and 26 closed out, a net change of +16 holders.
- The largest Leonardo DRS buyer in Q1 2023 was Wellington Management Group, an estimated $45.3M added.
- The largest Leonardo DRS seller in Q1 2023 was Madison Avenue Partners, an estimated $17.5M sold.
Based on aggregated 13F filings for Q1 2023.