Richardson Electronics
RELL
34 hedge funds and large institutions have $40.6M invested in Richardson Electronics in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 9 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
3% more funds holding
Funds holding: 33 → 34 (+1)
44% less capital invested
Capital invested by funds: $73M → $40.6M (-$32.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
+$7.48M |
| 2 |
DA
DSC Advisors
Chicago,
Illinois
|
+$2.27M |
| 3 |
Renaissance Technologies
New York
|
+$1.29M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
+$884K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$239K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
-$23.4M |
| 2 |
RC
RGM Capital
Naples,
Florida
|
-$6.64M |
| 3 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
-$1.62M |
| 4 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$485K |
| 5 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$404K |
RELL Hedge Fund Activity: Q3 2015 in Review
34 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Richardson Electronics (RELL) for Q3 2015, worth a combined $40.6M — down 44% from $73M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new RELL positions and 9 closed out — a net gain of 1 holder — while 10 added to existing stakes and 7 trimmed.
The largest buyer was Ariel Investments, opening a new position worth an estimated $7.48M. The largest seller was Gates Capital Management, exiting entirely with an estimated $23.4M sold.
- 34 institutional investors held Richardson Electronics (RELL) as of Q3 2015, up from 33 in Q2 2015.
- Funds reported $40.6M of Richardson Electronics stock for Q3 2015, down 44% quarter-over-quarter.
- 10 funds opened new Richardson Electronics positions in Q3 2015 and 9 closed out, a net change of +1 holder.
- The largest Richardson Electronics buyer in Q3 2015 was Ariel Investments, an estimated $7.48M added.
- The largest Richardson Electronics seller in Q3 2015 was Gates Capital Management, an estimated $23.4M sold.
Based on aggregated 13F filings for Q3 2015.