Cullen/Frost Bankers
283 hedge funds and large institutions have $3.6B invested in Cullen/Frost Bankers in 2013 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 108 increasing their positions, 97 reducing their positions, and 19 closing their positions.
84% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 19
11% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 97
5% more funds holding
Funds holding: 270 → 283 (+13)
3% more capital invested
Capital invested by funds: $3.5B → $3.6B (+$105M)
2.45% less ownership
Funds ownership: 83.54% → 81.09% (-2.5%)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
46% less call options, than puts
Call options by funds: $4.07M | Put options by funds: $7.54M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$11M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$10.8M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$10.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.43M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$7.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$86.5M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$30.3M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$20.4M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$19.3M |
| 5 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
-$8.51M |
CFR Hedge Fund Activity: Q4 2013 in Review
283 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Cullen/Frost Bankers (CFR) for Q4 2013, worth a combined $3.6B — up 3% from $3.5B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new CFR positions and 19 closed out — a net gain of 16 holders — while 108 added to existing stakes and 97 trimmed.
The largest buyer was Champlain Investment Partners, adding an estimated $11M. The largest seller was Fidelity Investments, cutting an estimated $86.5M.
- 283 institutional investors held Cullen/Frost Bankers (CFR) as of Q4 2013, up from 270 in Q3 2013.
- Funds reported $3.6B of Cullen/Frost Bankers stock for Q4 2013, up 3% quarter-over-quarter.
- 35 funds opened new Cullen/Frost Bankers positions in Q4 2013 and 19 closed out, a net change of +16 holders.
- The largest Cullen/Frost Bankers buyer in Q4 2013 was Champlain Investment Partners, an estimated $11M added.
- The largest Cullen/Frost Bankers seller in Q4 2013 was Fidelity Investments, an estimated $86.5M sold.
Based on aggregated 13F filings for Q4 2013.