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)
3.73% less ownership
Funds ownership: 99.57% → 95.84% (-3.7%)
17% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 23
56% less capital inflows, than outflows
Capital inflows: $3.52M | Capital outflows: $8.04M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Gates Capital Management
New York
|
+$1.21M |
| 2 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$659K |
| 3 |
Foundry Partners
Minneapolis,
Minnesota
|
+$651K |
| 4 |
Renaissance Technologies
New York
|
+$176K |
| 5 |
BlackRock Institutional Trust
San Francisco,
California
|
+$132K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RGM Capital
Naples,
Florida
|
-$4.92M |
| 2 |
Paradigm Capital Management Inc
Albany,
New York
|
-$857K |
| 3 |
Advisory Research
Chicago,
Illinois
|
-$452K |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$417K |
| 5 |
Parametric Portfolio Associates
Seattle,
Washington
|
-$391K |
RELL Hedge Fund Activity: Q1 2014 in Review
59 of the 3,475 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.