Vault-13

RESEARCH SOLUTIONS INC RSSS

COM · Common Stock · CUSIP 761025105

47 institutional holders +0 vs Q1 2025
13,242,24313.2m shares reported held*
40.8% of all shares outstanding*
$38.0mreported value*
6 new 12 added 18 reduced 6 sold out net sold ≈ $84.3k (-29.4k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 32.5m as of 2025-05-02, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $2.87.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 28Q4 22: 28Q1 23: 27Q2 23: 28Q3 23: 30Q4 23: 30Q1 24: 32Q2 24: 35Q3 24: 38Q4 24: 49Q1 25: 47Q2 25: 4747Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202228
Q4 202228
Q1 202327
Q2 202328
Q3 202330
Q4 202330
Q1 202432
Q2 202435
Q3 202438
Q4 202449
Q1 202547
Q2 202547

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 23: 18 bought or addedQ3 23: 7 cut or sold outQ4 23: 19 bought or addedQ4 23: 8 cut or sold outQ4 23Q1 24: 14 bought or addedQ1 24: 13 cut or sold outQ2 24: 22 bought or addedQ2 24: 8 cut or sold outQ2 24Q3 24: 16 bought or addedQ3 24: 13 cut or sold outQ4 24: 31 bought or addedQ4 24: 13 cut or sold outQ4 24Q1 25: 24 bought or addedQ1 25: 22 cut or sold outQ2 25: 18 bought or addedQ2 25: 24 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023187
Q4 2023198
Q1 20241413
Q2 2024228
Q3 20241613
Q4 20243113
Q1 20252422
Q2 20251824

Biggest buyers

Dynamic Advisor Solutions LLC Added +99,009+99.0k
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Added +50,329+50.3k
Topline Capital Management, LLC New +43,629+43.6k
GSA CAPITAL PARTNERS LLP New +30,641+30.6k
HighTower Advisors, LLC Added +30,052+30.1k
DIMENSIONAL FUND ADVISORS LP Added +22,736+22.7k
VANGUARD GROUP INC Added +18,808+18.8k
Evernest Financial Advisors, LLC New +12,208+12.2k
GOLDMAN SACHS GROUP INC Added +4,450+4.5k
Perritt Capital Management Inc Added +1,400+1.4k

Biggest sellers

Hodges Capital Management Inc. Reduced -72,000-72.0k
KING LUTHER CAPITAL MANAGEMENT CORP Reduced -65,000-65.0k
ACADIAN ASSET MANAGEMENT LLC Reduced -34,521-34.5k
BARD ASSOCIATES INC Reduced -30,750-30.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -19,434-19.4k
OCCUDO QUANTITATIVE STRATEGIES LP Sold out -19,316-19.3k
BlackRock, Inc. Reduced -18,980-19.0k
LPL Financial LLC Reduced -17,250-17.2k
SG Americas Securities, LLC Sold out -16,396-16.4k
Cubist Systematic Strategies, LLC Sold out -16,105-16.1k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 13G · institution new · filed 2025-02-14 7.2% new 2.3m≈ $5.4m 2025-02-14
POPLAR POINT CAPITAL MANAGEMENT LLC 13G · institution +1.6 pts · filed 2026-05-11 7.1% +1.6 pts 2.3m≈ $5.4m 2026-05-11

Insider purchases and sales in Q2 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NEEDHAM INVESTMENT MANAGEMENT LLC 0.67% of their portfolio NEW YORK, NY 2,930,0002.9m $8.4m $8.4m 0.67% Unchanged
2 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.43% of their portfolio EDINA, MN 2,418,1002.4m $6.9m $6.9m 0.43% Added +50.3k +50,329
3 Cove Street Capital, LLC 5.63% of their portfolio El Segundo, CA 1,336,7031.3m $3.8m $3.8m 5.63% Reduced -8.6k -8,615
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,212,0761.2m $3.5m $3.5m 0.00% Added +18.8k +18,808
5 BARD ASSOCIATES INC 0.57% of their portfolio CHICAGO, IL 621,632621.6k $1.8m $1.8m 0.57% Reduced -30.8k -30,750
6 ESSEX INVESTMENT MANAGEMENT CO LLC 0.31% of their portfolio BOSTON, MA 587,442587.4k $1.7m $1.7m 0.31% Reduced -4.3k -4,324
7 Luxor Capital Group, LP 0.22% of their portfolio NEW YORK, NY 577,433577.4k $1.7m $1.7m 0.22% Unchanged
8 PARTHENON LLC 0.13% of their portfolio LOUISVILLE, KY 392,284392.3k $1.1m $1.1m 0.13% Unchanged
9 Perritt Capital Management Inc 0.53% of their portfolio Chicago, IL 360,818360.8k $1.0m $1.0m 0.53% Added +1.4k +1,400
10 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 343,309343.3k $985.3k $985.3k 0.00% Reduced -17.2k -17,250
11 Dynamic Advisor Solutions LLC 0.03% of their portfolio PHOENIX, AZ 282,702282.7k $811.4k $811.4k 0.03% Added +99.0k +99,009
12 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 267,536267.5k $768.0k $768.0k 0.00% Reduced -628 -628
13 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 207,830207.8k $596.5k $596.5k 0.00% Reduced -647 -647
14 Hodges Capital Management Inc. 0.05% of their portfolio DALLAS, TX 178,000178.0k $510.9k $510.9k 0.05% Reduced -72.0k -72,000
15 Legato Capital Management LLC 0.06% of their portfolio San Francisco, CA 174,521174.5k $500.9k $500.9k 0.06% Reduced -624 -624
16 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 173,040173.0k $496.6k $496.6k 0.00% Reduced -19.4k -19,434
17 WHITE PINE CAPITAL LLC 0.11% of their portfolio BLOOMINGTON, MN 119,464119.5k $342.9k $342.9k 0.11% Added +535 +535
18 DHK Financial Advisors, Inc. 0.20% of their portfolio PORTSMOUTH, NH 118,761118.8k $340.8k $340.8k 0.20% Unchanged
19 BlackRock, Inc. 0.00% of their portfolio New York, NY 113,045113.0k $324.4k $324.4k 0.00% Reduced -19.0k -18,980
20 4Thought Financial Group Inc. 0.13% of their portfolio SYOSSET, NY 84,18584.2k $241.6k $241.6k 0.13% Unchanged
21 Ridgewood Investments LLC 0.10% of their portfolio SPRINGFIELD, NJ 78,15178.2k $224.3k $224.3k 0.10% Unchanged
22 Integrated Quantitative Investments LLC 0.06% of their portfolio BELLEVUE, WA 72,50072.5k $208.1k $208.1k 0.06% Reduced -247 -247
23 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 68,33668.3k $196.1k $196.1k 0.00% Added +30.1k +30,052
24 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 63,75363.8k $183.0k $183.0k 0.00% Added +22.7k +22,736
25 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 58,80758.8k $168.8k $168.8k 0.00% Unchanged
26 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 52,80652.8k $151.0k $151.0k 0.00% Reduced -34.5k -34,521
27 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 50,09550.1k $143.8k $143.8k 0.00% Unchanged
28 Topline Capital Management, LLC 0.02% of their portfolio SANTA MONICA, CA 43,62943.6k $125.2k $125.2k 0.02% New
29 Greenhaven Road Investment Management, L.P. 0.04% of their portfolio GREENWICH, CT 38,47738.5k $110.4k $110.4k 0.04% Added +734 +734
30 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 36,72836.7k $105.4k $105.4k 0.00% Added +344 +344
31 KING LUTHER CAPITAL MANAGEMENT CORP 0.00% of their portfolio FORT WORTH, TX 35,00035.0k $100.5k $100.5k 0.00% Reduced -65.0k -65,000
32 GSA CAPITAL PARTNERS LLP 0.01% of their portfolio LONDON, X0 30,64130.6k $88.0k $88.0k 0.01% New
33 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 27,35927.4k $78.5k $78.5k 0.00% Added +220 +220
34 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 23,59223.6k $67.7k $67.7k 0.00% Added +4.5k +4,450
35 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 18,06918.1k $51.9k $51.9k 0.00% Unchanged
36 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 15,81615.8k $45.4k $45.4k 0.00% Reduced -15.4k -15,421
37 Heron Bay Capital Management 0.01% of their portfolio BLOOMFIELD HILLS, MI 13,09413.1k $37.6k $37.6k 0.01% Reduced -107 -107
38 Evernest Financial Advisors, LLC 0.01% of their portfolio CARMEL, IN 12,20812.2k $35.0k $35.0k 0.01% New
39 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 2,4502.5k $7.0k $7.0k 0.00% Reduced -1.8k -1,769
40 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 542542 $1.6k $1.6k 0.00% Added +52 +52
41 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 500500 $1.4k $1.4k 0.00% Reduced -228 -228
42 UBS Group AG 0.00% of their portfolio ZURICH, V8 391391 $1.1k $1.1k 0.00% Reduced -517 -517
43 TFC Financial Management, Inc. 0.00% of their portfolio BOSTON, MA 250250 $718 $718 0.00% Unchanged
44 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 111111 $319 $319 0.00% New
45 SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio WINSTON-SALEM, NC 3535 $101 $101 0.00% New
46 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2222 $63 $63 0.00% New
47 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged