Leonardo DRS
172 hedge funds and large institutions have $1.77B invested in Leonardo DRS in 2024 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 70 increasing their positions, 52 reducing their positions, and 29 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 52
17% more capital invested
Capital invested by funds: $1.5B → $1.77B (+$263M)
0.4% more ownership
Funds ownership: 25.91% → 26.31% (+0.4%)
3% less funds holding
Funds holding: 177 → 172 (-5)
14% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 29
53% less call options, than puts
Call options by funds: $5.68M | Put options by funds: $12.1M
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$16.3M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$16.2M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$15.2M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$12.8M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$11.6M |
Top Sellers
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$29.3M |
| 2 |
State Street
Boston,
Massachusetts
|
-$24M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$7.84M |
| 4 |
AIC
AWM Investment Company
New York
|
-$7.65M |
| 5 |
Millennium Management
New York
|
-$6.34M |
DRS Hedge Fund Activity: Q2 2024 in Review
172 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Leonardo DRS (DRS) for Q2 2024, worth a combined $1.77B — up 17% from $1.5B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of DRS and 25 opened new positions — a net loss of 4 holders — while 52 trimmed existing stakes and 70 added.
The largest buyer was Macquarie Group, adding an estimated $16.3M. The largest seller was Boston Partners, cutting an estimated $29.3M.
- 172 institutional investors held Leonardo DRS (DRS) as of Q2 2024, down from 177 in Q1 2024.
- Funds reported $1.77B of Leonardo DRS stock for Q2 2024, up 17% quarter-over-quarter.
- 25 funds opened new Leonardo DRS positions in Q2 2024 and 29 closed out, a net change of -4 holders.
- The largest Leonardo DRS buyer in Q2 2024 was Macquarie Group, an estimated $16.3M added.
- The largest Leonardo DRS seller in Q2 2024 was Boston Partners, an estimated $29.3M sold.
Based on aggregated 13F filings for Q2 2024.