Check Point Software Technologies
CHKP
350 hedge funds and large institutions have $8.45B invested in Check Point Software Technologies in 2013 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 130 increasing their positions, 128 reducing their positions, and 34 closing their positions.
76% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 34
31% more funds holding in top 10
Funds holding in top 10: 13 → 17 (+4)
19% more capital invested
Capital invested by funds: $7.08B → $8.45B (+$1.37B)
7% more funds holding
Funds holding: 328 → 350 (+22)
2% more repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 128
13% less call options, than puts
Call options by funds: $91M | Put options by funds: $105M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
+$167M |
| 2 |
EIP
Epoch Investment Partners
New York
|
+$146M |
| 3 |
UBS AM
Chicago,
Illinois
|
+$91.2M |
| 4 |
Lazard Asset Management
New York
|
+$86.9M |
| 5 |
Neuberger Berman Group
New York
|
+$78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
-$122M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$101M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$56.5M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$50.3M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$41.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SR
376
Sloane Robinson
London,
United Kingdom
| – | -$149K | -3,000 | Closed |
|
|
PSI
377
Pinnacle Summer Investments
Fairfax,
Virginia
| – | -$96K | -1,933 | Closed |
|
378
Parallax Volatility Advisers
San Francisco,
California
| – | -$82.9K | -1,476 | Closed |
|
|
BJ
379
BlackRock Japan
Tokyo,
Japan
| – | -$59K | -1,184 | Closed |
|
|
BWM
380
Baystate Wealth Management
Boston,
Massachusetts
| – | -$40K | -800 | Closed |
|
|
RIA
381
Regal Investment Advisors
Kentwood,
Michigan
| – | -$25K | -500 | Closed |
|
|
WA
382
WFG Advisors
Dallas,
Texas
| – | -$11K | -215 | Closed |
|
|
TSWM
383
Triangle Securities Wealth Management
Raleigh,
North Carolina
| – | -$9K | -180 | Closed |
|
|
KTC
384
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| – | -$1K | -25 | Closed |
|
CHKP Hedge Fund Activity: Q3 2013 in Review
350 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Check Point Software Technologies (CHKP) for Q3 2013, worth a combined $8.45B — up 19% from $7.08B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new CHKP positions and 34 closed out — a net gain of 26 holders — while 130 added to existing stakes and 128 trimmed.
The largest buyer was Westpac Banking Corp, opening a new position worth an estimated $167M. The largest seller was Harris Associates, cutting an estimated $122M.
- 350 institutional investors held Check Point Software Technologies (CHKP) as of Q3 2013, up from 328 in Q2 2013.
- Funds reported $8.45B of Check Point Software Technologies stock for Q3 2013, up 19% quarter-over-quarter.
- 60 funds opened new Check Point Software Technologies positions in Q3 2013 and 34 closed out, a net change of +26 holders.
- The largest Check Point Software Technologies buyer in Q3 2013 was Westpac Banking Corp, an estimated $167M added.
- The largest Check Point Software Technologies seller in Q3 2013 was Harris Associates, an estimated $122M sold.
Based on aggregated 13F filings for Q3 2013.