Research Solutions
RSSS
8 hedge funds and large institutions have $17.9M invested in Research Solutions in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, increasing their positions, 2 reducing their positions, and closing their positions.
300% more funds holding
Funds holding: 2 → 8 (+6)
4.7% less ownership
Funds ownership: 33.85% → 29.14% (-4.7%)
32% less capital invested
Capital invested by funds: $26.4M → $17.9M (-$8.43M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.88M |
| 2 |
BlackRock
New York
|
+$105K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$37.8K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$16.6K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$2.56K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPA
Cowen Prime Advisors
New York
|
-$3.33M |
| 2 |
1WCM
12 West Capital Management
New York
|
-$3.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1WCM
1
12 West Capital Management
New York
| $15.3M | -$3.26M | -1,132,924 | -15% |
|
|
2
Vanguard Group
Malvern,
Pennsylvania
| $2.37M | +$2.88M | +1,000,000 | New |
|
|
CPA
3
Cowen Prime Advisors
New York
| $132K | -$3.33M | -1,155,100 | -94% |
|
|
4
BlackRock
New York
| $87K | +$105K | +36,589 | New |
|
|
5
HighTower Advisors
Chicago,
Illinois
| $31K | +$37.8K | +13,114 | New |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $14K | +$16.6K | +5,776 | New |
|
|
7
UBS Group
Zurich,
Switzerland
| $2K | +$2.56K | +890 | New |
|
8
JP Morgan Chase
New York
| – | +$23 | +8 | New |
|
RSSS Hedge Fund Activity: Q2 2020 in Review
8 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Research Solutions (RSSS) for Q2 2020, worth a combined $17.9M — down 32% from $26.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new RSSS positions and 0 closed out — a net gain of 6 holders — while 0 added to existing stakes and 2 trimmed.
The largest buyer was Vanguard Group, opening a new position worth an estimated $2.88M. The largest seller was Cowen Prime Advisors, cutting an estimated $3.33M.
- 8 institutional investors held Research Solutions (RSSS) as of Q2 2020, up from 2 in Q1 2020.
- Funds reported $17.9M of Research Solutions stock for Q2 2020, down 32% quarter-over-quarter.
- 6 funds opened new Research Solutions positions in Q2 2020 and 0 closed out, a net change of +6 holders.
- The largest Research Solutions buyer in Q2 2020 was Vanguard Group, an estimated $2.88M added.
- The largest Research Solutions seller in Q2 2020 was Cowen Prime Advisors, an estimated $3.33M sold.
Based on aggregated 13F filings for Q2 2020.