Cirrus Logic
CRUS
211 hedge funds and large institutions have $956M invested in Cirrus Logic in 2014 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 67 increasing their positions, 79 reducing their positions, and 40 closing their positions.
30% more call options, than puts
Call options by funds: $62.9M | Put options by funds: $48.4M
3% less funds holding
Funds holding: 218 → 211 (-7)
7% less capital invested
Capital invested by funds: $1.03B → $956M (-$77M)
13% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 40
15% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$13.5M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$11.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.1M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$9.76M |
| 5 |
GAM
Gotham Asset Management
New York
|
+$7.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$17.1M |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$13M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$11.7M |
| 4 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
-$10.7M |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$10.1M |
CRUS Hedge Fund Activity: Q1 2014 in Review
211 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Cirrus Logic (CRUS) for Q1 2014, worth a combined $956M — down 7.4% from $1.03B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of CRUS and 35 opened new positions — a net loss of 5 holders — while 79 trimmed existing stakes and 67 added.
The largest buyer was Royce & Associates, adding an estimated $13.5M. The largest seller was Susquehanna International Group, cutting an estimated $17.1M.
- 211 institutional investors held Cirrus Logic (CRUS) as of Q1 2014, down from 218 in Q4 2013.
- Funds reported $956M of Cirrus Logic stock for Q1 2014, down 7.4% quarter-over-quarter.
- 35 funds opened new Cirrus Logic positions in Q1 2014 and 40 closed out, a net change of -5 holders.
- The largest Cirrus Logic buyer in Q1 2014 was Royce & Associates, an estimated $13.5M added.
- The largest Cirrus Logic seller in Q1 2014 was Susquehanna International Group, an estimated $17.1M sold.
Based on aggregated 13F filings for Q1 2014.