Allegion
ALLE
355 hedge funds and large institutions have $4.18B invested in Allegion in 2014 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 83 increasing their positions, 148 reducing their positions, and 61 closing their positions.
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
25% more capital invested
Capital invested by funds: $3.35B → $4.18B (+$827M)
15% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 61
3.62% more ownership
Funds ownership: 79.53% → 83.16% (+3.6%)
1% more funds holding
Funds holding: 351 → 355 (+4)
13% less call options, than puts
Call options by funds: $12.6M | Put options by funds: $14.5M
44% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 148
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRC
Blue Ridge Capital
New York
|
+$222M |
| 2 |
VM
Valinor Management
New York
|
+$106M |
| 3 |
MCM
Mason Capital Management
New York
|
+$99.5M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$85.8M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$83.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP
Jana Partners
New York
|
-$191M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$90.8M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$63.3M |
| 4 |
TFM
Trian Fund Management
New York
|
-$52M |
| 5 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$50.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ECM
401
Estabrook Capital Management
New York
| – | -$67.1K | -1,519 | Closed |
|
402
Zurich Cantonal Bank
Zurich,
Switzerland
| – | -$24K | -534 | Closed |
|
403
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$15K | -349 | Closed |
|
|
OSAM
404
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$11.9K | -236 | -99% |
|
|
PI
405
PineBridge Investments
New York
| – | -$8K | -178 | Closed |
|
|
SSB
406
Sandy Spring Bank
Olney,
Maryland
| – | -$5K | -103 | Closed |
|
|
NYLIM
407
New York Life Investment Management
New York
| – | -$4K | -100 | Closed |
|
|
WA
408
Waverly Advisors
Birmingham,
Alabama
| – | -$4K | -92 | Closed |
|
|
FHA
409
First Horizon Advisors
Memphis,
Tennessee
| – | -$4K | -83 | Closed |
|
|
AF
410
Arrow Financial
Glens Falls,
New York
| – | -$2K | -55 | Closed |
|
|
PAS
411
Partnervest Advisory Services
Santa Barbara,
California
| – | -$2K | -52 | Closed |
|
|
ST
412
Smithfield Trust
Pittsburgh,
Pennsylvania
| – | -$1K | -33 | Closed |
|
|
FPCG
413
Fort Pitt Capital Group
Pittsburgh,
Pennsylvania
| – | -$1.1K | -25 | Closed |
|
ALLE Hedge Fund Activity: Q1 2014 in Review
355 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Allegion (ALLE) for Q1 2014, worth a combined $4.18B — up 25% from $3.35B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new ALLE positions and 61 closed out — a net gain of 9 holders — while 83 added to existing stakes and 148 trimmed.
The largest buyer was Blue Ridge Capital, opening a new position worth an estimated $222M. The largest seller was Jana Partners, exiting entirely with an estimated $191M sold.
- 355 institutional investors held Allegion (ALLE) as of Q1 2014, up from 351 in Q4 2013.
- Funds reported $4.18B of Allegion stock for Q1 2014, up 25% quarter-over-quarter.
- 70 funds opened new Allegion positions in Q1 2014 and 61 closed out, a net change of +9 holders.
- The largest Allegion buyer in Q1 2014 was Blue Ridge Capital, an estimated $222M added.
- The largest Allegion seller in Q1 2014 was Jana Partners, an estimated $191M sold.
Based on aggregated 13F filings for Q1 2014.