AAR Corp
167 hedge funds and large institutions have $959M invested in AAR Corp in 2013 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 53 increasing their positions, 56 reducing their positions, and 20 closing their positions.
65% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 20
33% more call options, than puts
Call options by funds: $6.52M | Put options by funds: $4.89M
32% more capital invested
Capital invested by funds: $727M → $959M (+$232M)
8% more funds holding
Funds holding: 155 → 167 (+12)
5.53% more ownership
Funds ownership: 83.21% → 88.74% (+5.5%)
5% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 56
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$23.1M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$18.9M |
| 3 |
JP Morgan Chase
New York
|
+$18.2M |
| 4 |
NAP
New Amsterdam Partners
New York
|
+$10M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$9.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Munder Capital Management
Birmingham,
Michigan
|
-$19M |
| 2 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$15.9M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$12.2M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$11.9M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$11.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCP
176
Lombardia Capital Partners
Pasadena,
California
| – | -$566K | -25,755 | Closed |
|
177
Millennium Management
New York
| – | -$227K | -10,323 | Closed |
|
|
PM
178
Platinum Management
New York
| – | -$125K | -5,700 | Closed |
|
179
Group One Trading
Chicago,
Illinois
| – | -$79K | -3,596 | Closed |
|
|
PG
180
PEAK6 Group
Chicago,
Illinois
| – | -$71K | -2,777 | Closed |
|
181
Parallax Volatility Advisers
San Francisco,
California
| – | -$54.3K | -2,126 | Closed |
|
|
SFPIA
182
Stevens First Principles Investment Advisors
Newport Beach,
California
| – | -$33K | -1,480 | Closed |
|
183
US Bancorp
Minneapolis,
Minnesota
| – | -$20K | -900 | Closed |
|
|
OMCS
184
Old Mutual Customised Solutions
Pinelands,
South Africa
| – | -$15K | -700 | Closed |
|
|
BJ
185
BlackRock Japan
Tokyo,
Japan
| – | -$13K | -570 | Closed |
|
|
ST
186
Spot Trading
Chicago,
Illinois
| – | -$10.3K | -403 | Closed |
|
AIR Hedge Fund Activity: Q3 2013 in Review
167 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in AAR Corp (AIR) for Q3 2013, worth a combined $959M — up 32% from $727M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new AIR positions and 20 closed out — a net gain of 13 holders — while 53 added to existing stakes and 56 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $23.1M. The largest seller was Munder Capital Management, exiting entirely with an estimated $19M sold.
- 167 institutional investors held AAR Corp (AIR) as of Q3 2013, up from 155 in Q2 2013.
- Funds reported $959M of AAR Corp stock for Q3 2013, up 32% quarter-over-quarter.
- 33 funds opened new AAR Corp positions in Q3 2013 and 20 closed out, a net change of +13 holders.
- The largest AAR Corp buyer in Q3 2013 was Fidelity Investments, an estimated $23.1M added.
- The largest AAR Corp seller in Q3 2013 was Munder Capital Management, an estimated $19M sold.
Based on aggregated 13F filings for Q3 2013.