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Leonardo DRS

126 hedge funds and large institutions have $822M invested in Leonardo DRS in 2023 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 48 increasing their positions, 39 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

166% more call options, than puts

Call options by funds: $27M | Put options by funds: $10.2M

111% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 9

23% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 39

8% more funds holding

Funds holding: 117126 (+9)

0.01% less ownership

Funds ownership: 18.81%18.8% (-0.01%)

3% less capital invested

Capital invested by funds: $851M → $822M (-$29M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
126
Holders Change
+9
Holders Change %
+7.69%
% of All Funds
2%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
19
Increased
48
Reduced
39
Closed
9
Calls
$27M
Puts
$10.2M
Net Calls
+$16.9M
Net Calls Change
-$8.92M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$81.8M +$1.28M +76,109 +2%
BlackRock
2
BlackRock
New York
$73.2M +$16.7M +987,678 +29%
SAM
3
Silvercrest Asset Management
New York
$54.2M +$5.39M +319,078 +11%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$52.5M -$10.3M -612,229 -16%
Macquarie Group
5
Macquarie Group
Australia
$52.3M -$1.58M -93,650 -3%
Invesco
6
Invesco
Georgia
$51.9M -$11.7M -692,156 -18%
State Street
7
State Street
Massachusetts
$45.6M +$24.2M +1,436,265 +111%
Boston Partners
8
Boston Partners
Massachusetts
$40.8M -$1.77M -104,609 -4%
RA
9
Royce & Associates
New York
$29.8M +$115K +6,794 +0.4%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$27M -$1.16M -68,949 -4%
T. Rowe Price Associates
11
T. Rowe Price Associates
Maryland
$26.6M +$7.73M +458,171 +40%
Brown Advisory
12
Brown Advisory
Maryland
$25.4M +$828K +49,055 +3%
SIMG
13
Stephens Investment Management Group
Texas
$23.2M -$5.58M -330,802 -19%
Loomis, Sayles & Company
14
Loomis, Sayles & Company
Massachusetts
$22.9M -$10.4M -614,471 -31%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$20.2M +$1.05M +62,388 +5%
CI
16
Clal Insurance
Israel
$15.9M
AIC
17
AWM Investment Company
New York
$14.3M
First Trust Advisors
18
First Trust Advisors
Illinois
$13.5M -$302K -17,874 -2%
KCM
19
Kennedy Capital Management
Missouri
$11.1M -$112K -6,663 -1%
Franklin Resources
20
Franklin Resources
California
$10.5M +$3.58K +212 +0%
Russell Investments Group
21
Russell Investments Group
United Kingdom
$9.64M -$3.33M -197,447 -25%
Charles Schwab
22
Charles Schwab
California
$9.34M +$985K +58,353 +12%
PTC
23
Philadelphia Trust Company
Pennsylvania
$8.6M +$1.24M +73,547 +17%
Northern Trust
24
Northern Trust
Illinois
$7.6M +$212K +12,590 +3%
EIM
25
Essex Investment Management
Massachusetts
$7.02M -$1.37M -81,119 -16%

DRS Hedge Fund Activity: Q3 2023 in Review

126 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Leonardo DRS (DRS) for Q3 2023, worth a combined $822M — down 3.4% from $851M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new DRS positions and 9 closed out — a net gain of 10 holders — while 48 added to existing stakes and 39 trimmed.

The largest buyer was State Street, adding an estimated $24.2M. The largest seller was Invesco, cutting an estimated $11.7M.

  • 126 institutional investors held Leonardo DRS (DRS) as of Q3 2023, up from 117 in Q2 2023.
  • Funds reported $822M of Leonardo DRS stock for Q3 2023, down 3.4% quarter-over-quarter.
  • 19 funds opened new Leonardo DRS positions in Q3 2023 and 9 closed out, a net change of +10 holders.
  • The largest Leonardo DRS buyer in Q3 2023 was State Street, an estimated $24.2M added.
  • The largest Leonardo DRS seller in Q3 2023 was Invesco, an estimated $11.7M sold.

Based on aggregated 13F filings for Q3 2023.