Research Solutions
RSSS
20 hedge funds and large institutions have $18.6M invested in Research Solutions in 2021 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
54% more funds holding
Funds holding: 13 → 20 (+7)
4.56% less ownership
Funds ownership: 35.15% → 30.59% (-4.6%)
13% less capital invested
Capital invested by funds: $21.5M → $18.6M (-$2.86M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSC
Cove Street Capital
El Segundo,
California
|
+$4.54M |
| 2 |
CPA
Cowen Prime Advisors
New York
|
+$2.31M |
| 3 |
SC
Samjo Capital
New York
|
+$1.56M |
| 4 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$878K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$488K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1WCM
12 West Capital Management
New York
|
-$12.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$904K |
| 3 |
Millennium Management
New York
|
-$115K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$11.5K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2 |
RSSS Hedge Fund Activity: Q1 2021 in Review
20 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Research Solutions (RSSS) for Q1 2021, worth a combined $18.6M — down 13% from $21.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new RSSS positions and 1 closed out — a net gain of 7 holders — while 8 added to existing stakes and 4 trimmed.
The largest buyer was Cove Street Capital, adding an estimated $4.54M. The largest seller was 12 West Capital Management, exiting entirely with an estimated $12.6M sold.
- 20 institutional investors held Research Solutions (RSSS) as of Q1 2021, up from 13 in Q4 2020.
- Funds reported $18.6M of Research Solutions stock for Q1 2021, down 13% quarter-over-quarter.
- 8 funds opened new Research Solutions positions in Q1 2021 and 1 closed out, a net change of +7 holders.
- The largest Research Solutions buyer in Q1 2021 was Cove Street Capital, an estimated $4.54M added.
- The largest Research Solutions seller in Q1 2021 was 12 West Capital Management, an estimated $12.6M sold.
Based on aggregated 13F filings for Q1 2021.