Richardson Electronics
RELL
30 hedge funds and large institutions have $35M invested in Richardson Electronics in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 7 closing their positions.
11% less capital invested
Capital invested by funds: $39.5M → $35M (-$4.46M)
17% less funds holding
Funds holding: 36 → 30 (-6)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$186K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$165K |
| 3 |
Franklin Resources
San Mateo,
California
|
+$104K |
| 4 |
Renaissance Technologies
New York
|
+$39.9K |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$29.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSC
Cove Street Capital
El Segundo,
California
|
-$567K |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$410K |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$281K |
| 4 |
AI
Ariel Investments
Chicago,
Illinois
|
-$73.7K |
| 5 |
Goldman Sachs
New York
|
-$70K |
RELL Hedge Fund Activity: Q1 2016 in Review
30 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Richardson Electronics (RELL) for Q1 2016, worth a combined $35M — down 11% from $39.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of RELL and 1 opened new positions — a net loss of 6 holders — while 9 trimmed existing stakes and 7 added.
The largest buyer was Ancora Advisors, adding an estimated $186K. The largest seller was Cove Street Capital, exiting entirely with an estimated $567K sold.
- 30 institutional investors held Richardson Electronics (RELL) as of Q1 2016, down from 36 in Q4 2015.
- Funds reported $35M of Richardson Electronics stock for Q1 2016, down 11% quarter-over-quarter.
- 1 fund opened new Richardson Electronics positions in Q1 2016 and 7 closed out, a net change of -6 holders.
- The largest Richardson Electronics buyer in Q1 2016 was Ancora Advisors, an estimated $186K added.
- The largest Richardson Electronics seller in Q1 2016 was Cove Street Capital, an estimated $567K sold.
Based on aggregated 13F filings for Q1 2016.