Leonardo DRS
177 hedge funds and large institutions have $1.5B invested in Leonardo DRS in 2024 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 61 increasing their positions, 52 reducing their positions, and 19 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
89% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 19
42% more call options, than puts
Call options by funds: $14.8M | Put options by funds: $10.5M
17% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 52
10% more funds holding
Funds holding: 161 → 177 (+16)
5% more capital invested
Capital invested by funds: $1.43B → $1.5B (+$68.6M)
1.39% less ownership
Funds ownership: 27.3% → 25.91% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$12.2M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$11.7M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$10.9M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$10.6M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$7.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$59.4M |
| 2 |
CCPM
Cooper Creek Partners Management
New York
|
-$20M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$16.8M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$15.2M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$14.5M |
DRS Hedge Fund Activity: Q1 2024 in Review
177 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Leonardo DRS (DRS) for Q1 2024, worth a combined $1.5B — up 4.8% from $1.43B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new DRS positions and 19 closed out — a net gain of 17 holders — while 61 added to existing stakes and 52 trimmed.
The largest buyer was Invesco, adding an estimated $12.2M. The largest seller was Citadel Advisors, cutting an estimated $59.4M.
- 177 institutional investors held Leonardo DRS (DRS) as of Q1 2024, up from 161 in Q4 2023.
- Funds reported $1.5B of Leonardo DRS stock for Q1 2024, up 4.8% quarter-over-quarter.
- 36 funds opened new Leonardo DRS positions in Q1 2024 and 19 closed out, a net change of +17 holders.
- The largest Leonardo DRS buyer in Q1 2024 was Invesco, an estimated $12.2M added.
- The largest Leonardo DRS seller in Q1 2024 was Citadel Advisors, an estimated $59.4M sold.
Based on aggregated 13F filings for Q1 2024.