Research Solutions
RSSS
12 hedge funds and large institutions have $18.1M invested in Research Solutions in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 2 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
50% more funds holding
Funds holding: 8 → 12 (+4)
2.37% more ownership
Funds ownership: 29.14% → 31.51% (+2.4%)
1% more capital invested
Capital invested by funds: $17.9M → $18.1M (+$120K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.95M |
| 2 |
PL
Parthenon LLC
Louisville,
Kentucky
|
+$822K |
| 3 |
Millennium Management
New York
|
+$638K |
| 4 |
CPA
Cowen Prime Advisors
New York
|
+$291K |
| 5 |
Goldman Sachs
New York
|
+$71.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1WCM
12 West Capital Management
New York
|
-$2.25M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$31K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1WCM
1
12 West Capital Management
New York
| $12.5M | -$2.25M | -911,000 | -14% |
|
|
2
Vanguard Group
Malvern,
Pennsylvania
| $4.04M | +$1.95M | +788,327 | +79% |
|
|
PL
3
Parthenon LLC
Louisville,
Kentucky
| $752K | +$822K | +332,919 | New |
|
|
CPA
4
Cowen Prime Advisors
New York
| $434K | +$291K | +118,000 | +159% |
|
5
BlackRock
New York
| $96K | +$15.1K | +6,132 | +17% |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $68K | +$59.6K | +24,110 | +417% |
|
|
7
Goldman Sachs
New York
| $66K | +$71.9K | +29,107 | New |
|
8
Northern Trust
Chicago,
Illinois
| $43K | +$47.3K | +19,136 | New |
|
9
Squarepoint
New York
| $24K | +$26.6K | +10,782 | New |
|
|
10
Millennium Management
New York
| $584 | +$638K | +258,367 | New |
|
|
11
HighTower Advisors
Chicago,
Illinois
| – | -$31K | -13,114 | Closed |
|
|
12
UBS Group
Zurich,
Switzerland
| – | -$2K | -890 | Closed |
|
13
JP Morgan Chase
New York
| – | +$2 | +1 | +13% |
|
14
Wells Fargo
San Francisco,
California
| – | +$291 | +118 | New |
|
RSSS Hedge Fund Activity: Q3 2020 in Review
12 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Research Solutions (RSSS) for Q3 2020, worth a combined $18.1M — up 0.67% from $17.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new RSSS positions and 2 closed out — a net gain of 4 holders — while 5 added to existing stakes and 1 trimmed.
The largest buyer was Vanguard Group, adding an estimated $1.95M. The largest seller was 12 West Capital Management, cutting an estimated $2.25M.
- 12 institutional investors held Research Solutions (RSSS) as of Q3 2020, up from 8 in Q2 2020.
- Funds reported $18.1M of Research Solutions stock for Q3 2020, up 0.67% quarter-over-quarter.
- 6 funds opened new Research Solutions positions in Q3 2020 and 2 closed out, a net change of +4 holders.
- The largest Research Solutions buyer in Q3 2020 was Vanguard Group, an estimated $1.95M added.
- The largest Research Solutions seller in Q3 2020 was 12 West Capital Management, an estimated $2.25M sold.
Based on aggregated 13F filings for Q3 2020.