Carpenter Technology
216 hedge funds and large institutions have $2.18B invested in Carpenter Technology in 2014 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 101 increasing their positions, 54 reducing their positions, and 23 closing their positions.
87% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 54
0.84% less ownership
Funds ownership: 91.92% → 91.08% (-0.84%)
9% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 23
1% less funds holding
Funds holding: 219 → 216 (-3)
29% less call options, than puts
Call options by funds: $2.36M | Put options by funds: $3.32M
29% less capital invested
Capital invested by funds: $3.09B → $2.18B (-$902M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$44.6M |
| 2 |
HCM
Huber Capital Management
El Segundo,
California
|
+$36.9M |
| 3 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$31M |
| 4 |
Renaissance Technologies
New York
|
+$21.6M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$18.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$82.4M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$48.9M |
| 3 |
MAM
Marketfield Asset Management
New York
|
-$39.5M |
| 4 |
O
OppenheimerFunds
New York
|
-$36.3M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$28.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DC
226
Davenport & Co
Richmond,
Virginia
| – | -$278K | -4,400 | Closed |
|
|
HI
227
HBK Investments
Dallas,
Texas
| – | -$259K | -4,100 | Closed |
|
228
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$259K | -4,100 | Closed |
|
|
PGCM
229
Prescott Group Capital Management
Tulsa,
Oklahoma
| – | -$253K | -4,000 | Closed |
|
|
RFC
230
Regions Financial Corp
Birmingham,
Alabama
| – | -$229K | -3,622 | Closed |
|
|
DTL
231
Dynamic Technology Lab
Singapore
| – | -$226K | -3,581 | Closed |
|
|
JMPWA
232
JP Morgan Private Wealth Advisors
San Francisco,
California
| – | -$226K | -3,575 | Closed |
|
|
CAM
233
Capstone Asset Management
Houston,
Texas
| – | -$200K | -3,169 | Closed |
|
234
Group One Trading
Chicago,
Illinois
| – | -$32K | -500 | Closed |
|
|
KTC
235
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| – | -$29K | -460 | Closed |
|
|
PMFA
236
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$4K | -56 | Closed |
|
|
MA
237
MUFG Americas
New York
| – | -$1K | -19 | Closed |
|
|
MFS
238
MSI Financial Services
Springfield,
Massachusetts
| – | -$331 | -6 | -43% |
|
CRS Hedge Fund Activity: Q3 2014 in Review
216 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Carpenter Technology (CRS) for Q3 2014, worth a combined $2.18B — down 29% from $3.09B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of CRS and 21 opened new positions — a net loss of 2 holders — while 54 trimmed existing stakes and 101 added.
The largest buyer was Lazard Asset Management, adding an estimated $44.6M. The largest seller was Fidelity Investments, cutting an estimated $82.4M.
- 216 institutional investors held Carpenter Technology (CRS) as of Q3 2014, down from 219 in Q2 2014.
- Funds reported $2.18B of Carpenter Technology stock for Q3 2014, down 29% quarter-over-quarter.
- 21 funds opened new Carpenter Technology positions in Q3 2014 and 23 closed out, a net change of -2 holders.
- The largest Carpenter Technology buyer in Q3 2014 was Lazard Asset Management, an estimated $44.6M added.
- The largest Carpenter Technology seller in Q3 2014 was Fidelity Investments, an estimated $82.4M sold.
Based on aggregated 13F filings for Q3 2014.