Richardson Electronics
RELL
59 hedge funds and large institutions have $110M invested in Richardson Electronics in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 23 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
5% more funds holding
Funds holding: 56 → 59 (+3)
8% less capital invested
Capital invested by funds: $120M → $110M (-$9.39M)
17% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 23
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
51
Ladenburg Thalmann Financial Services
Miami,
Florida
| $11K | +$11.3K | +1,000 | New |
|
|
TSW
52
Thompson Siegel & Walmsley
Richmond,
Virginia
| $10K | – | – | – |
|
53
Ameriprise
Minneapolis,
Minnesota
| $6K | -$3.05K | -270 | -34% |
|
54
BlackRock
New York
| $5K | – | – | – |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| $5K | +$5.05K | +447 | New |
|
|
AR
56
Advisory Research
Chicago,
Illinois
| $4K | -$452K | -40,000 | -99% |
|
57
BNP Paribas Financial Markets
Paris,
France
| $2.44K | -$1.54K | -136 | -36% |
|
58
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $7 | – | – | – |
|
|
PL
59
Parkwood LLC
Cleveland,
Ohio
| – | -$104K | -9,186 | Closed |
|
60
Bank of America
Charlotte,
North Carolina
| – | -$10.1K | -889 | -99% |
|
|
U
61
UBS
Zurich,
Switzerland
| – | -$9K | -797 | Closed |
|
RELL Hedge Fund Activity: Q1 2014 in Review
59 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Richardson Electronics (RELL) for Q1 2014, worth a combined $110M — down 7.8% from $120M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new RELL positions and 2 closed out — a net gain of 3 holders — while 19 added to existing stakes and 23 trimmed.
The largest buyer was Gates Capital Management, adding an estimated $1.21M. The largest seller was RGM Capital, cutting an estimated $4.92M.
- 59 institutional investors held Richardson Electronics (RELL) as of Q1 2014, up from 56 in Q4 2013.
- Funds reported $110M of Richardson Electronics stock for Q1 2014, down 7.8% quarter-over-quarter.
- 5 funds opened new Richardson Electronics positions in Q1 2014 and 2 closed out, a net change of +3 holders.
- The largest Richardson Electronics buyer in Q1 2014 was Gates Capital Management, an estimated $1.21M added.
- The largest Richardson Electronics seller in Q1 2014 was RGM Capital, an estimated $4.92M sold.
Based on aggregated 13F filings for Q1 2014.