Richardson Electronics
RELL
54 hedge funds and large institutions have $118M invested in Richardson Electronics in 2013 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 16 increasing their positions, 25 reducing their positions, and 5 closing their positions.
5% less capital invested
Capital invested by funds: $124M → $118M (-$6.02M)
7% less funds holding
Funds holding: 58 → 54 (-4)
36% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 25
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
+$1.73M |
| 2 |
RA
Royce & Associates
New York
|
+$691K |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$438K |
| 4 |
RC
RGM Capital
Naples,
Florida
|
+$234K |
| 5 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
+$100K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$1.68M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
-$1.5M |
| 3 |
CC
Cannell Capital
Alta,
Wyoming
|
-$1.17M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$176K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$174K |
RELL Hedge Fund Activity: Q3 2013 in Review
54 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Richardson Electronics (RELL) for Q3 2013, worth a combined $118M — down 4.9% from $124M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of RELL and 1 opened new positions — a net loss of 4 holders — while 25 trimmed existing stakes and 16 added.
The largest buyer was Gates Capital Management, adding an estimated $1.73M. The largest seller was Heartland Advisors, exiting entirely with an estimated $1.68M sold.
- 54 institutional investors held Richardson Electronics (RELL) as of Q3 2013, down from 58 in Q2 2013.
- Funds reported $118M of Richardson Electronics stock for Q3 2013, down 4.9% quarter-over-quarter.
- 1 fund opened new Richardson Electronics positions in Q3 2013 and 5 closed out, a net change of -4 holders.
- The largest Richardson Electronics buyer in Q3 2013 was Gates Capital Management, an estimated $1.73M added.
- The largest Richardson Electronics seller in Q3 2013 was Heartland Advisors, an estimated $1.68M sold.
Based on aggregated 13F filings for Q3 2013.