Richardson Electronics
RELL
69 hedge funds and large institutions have $109M invested in Richardson Electronics in 2023 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 31 increasing their positions, 17 reducing their positions, and 15 closing their positions.
82% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 17
28% more capital invested
Capital invested by funds: $85.4M → $109M (+$23.7M)
16% more call options, than puts
Call options by funds: $512K | Put options by funds: $441K
2.61% more ownership
Funds ownership: 64.23% → 66.84% (+2.6%)
14% less funds holding
Funds holding: 80 → 69 (-11)
67% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 15
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$3.97M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$3.06M |
| 3 |
BAM
Ballast Asset Management
Dallas,
Texas
|
+$859K |
| 4 |
BlackRock
New York
|
+$716K |
| 5 |
State Street
Boston,
Massachusetts
|
+$470K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$1.43M |
| 2 |
Renaissance Technologies
New York
|
-$1.24M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$802K |
| 4 |
PA
Pinnacle Associates
New York
|
-$702K |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$546K |
RELL Hedge Fund Activity: Q4 2023 in Review
69 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Richardson Electronics (RELL) for Q4 2023, worth a combined $109M — up 28% from $85.4M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of RELL and 5 opened new positions — a net loss of 10 holders — while 17 trimmed existing stakes and 31 added.
The largest buyer was Royce & Associates, adding an estimated $3.97M. The largest seller was GSA Capital Partners, exiting entirely with an estimated $1.43M sold.
- 69 institutional investors held Richardson Electronics (RELL) as of Q4 2023, down from 80 in Q3 2023.
- Funds reported $109M of Richardson Electronics stock for Q4 2023, up 28% quarter-over-quarter.
- 5 funds opened new Richardson Electronics positions in Q4 2023 and 15 closed out, a net change of -10 holders.
- The largest Richardson Electronics buyer in Q4 2023 was Royce & Associates, an estimated $3.97M added.
- The largest Richardson Electronics seller in Q4 2023 was GSA Capital Partners, an estimated $1.43M sold.
Based on aggregated 13F filings for Q4 2023.