Richardson Electronics
RELL
87 hedge funds and large institutions have $134M invested in Richardson Electronics in 2023 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 32 increasing their positions, 26 reducing their positions, and 25 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 26
19% more call options, than puts
Call options by funds: $433K | Put options by funds: $363K
4% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 25
0% more funds holding
Funds holding: 87 → 87 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.69% less ownership
Funds ownership: 69.96% → 67.27% (-2.7%)
29% less capital invested
Capital invested by funds: $188M → $134M (-$53.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$9.95M |
| 2 |
DP
DDD Partners
Bellevue,
Washington
|
+$8.15M |
| 3 |
PMAM
Penn Mutual Asset Management
Conshohocken,
Pennsylvania
|
+$3.83M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.26M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.6M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$5.34M |
| 3 |
Millennium Management
New York
|
-$4.79M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$4.56M |
| 5 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$4.04M |
RELL Hedge Fund Activity: Q2 2023 in Review
87 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Richardson Electronics (RELL) for Q2 2023, worth a combined $134M — down 29% from $188M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new RELL positions and 25 closed out — a net gain of 1 holder — while 32 added to existing stakes and 26 trimmed.
The largest buyer was BlackRock, adding an estimated $9.95M. The largest seller was Fidelity Investments, cutting an estimated $5.6M.
- 87 institutional investors held Richardson Electronics (RELL) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $134M of Richardson Electronics stock for Q2 2023, down 29% quarter-over-quarter.
- 26 funds opened new Richardson Electronics positions in Q2 2023 and 25 closed out, a net change of +1 holder.
- The largest Richardson Electronics buyer in Q2 2023 was BlackRock, an estimated $9.95M added.
- The largest Richardson Electronics seller in Q2 2023 was Fidelity Investments, an estimated $5.6M sold.
Based on aggregated 13F filings for Q2 2023.