CTS Corp
114 hedge funds and large institutions have $475M invested in CTS Corp in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 40 increasing their positions, 37 reducing their positions, and 13 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 37
0.39% more ownership
Funds ownership: 92.69% → 93.08% (+0.39%)
3% less funds holding
Funds holding: 118 → 114 (-4)
11% less capital invested
Capital invested by funds: $533M → $475M (-$58.6M)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KG
Killen Group
Berwyn,
Pennsylvania
|
+$4.47M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.73M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.13M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
+$1.09M |
| 5 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$748K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.84M |
| 2 |
RA
Royce & Associates
New York
|
-$1.61M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.5M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$939K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$749K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2K | -91 | Closed |
|
|
IA
127
IFP Advisors
Tampa,
Florida
| – | -$2K | -86 | Closed |
|
CTS Hedge Fund Activity: Q1 2016 in Review
114 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in CTS Corp (CTS) for Q1 2016, worth a combined $475M — down 11% from $533M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of CTS and 9 opened new positions — a net loss of 4 holders — while 37 trimmed existing stakes and 40 added.
The largest buyer was Killen Group, adding an estimated $4.47M. The largest seller was Ameriprise, cutting an estimated $2.84M.
- 114 institutional investors held CTS Corp (CTS) as of Q1 2016, down from 118 in Q4 2015.
- Funds reported $475M of CTS Corp stock for Q1 2016, down 11% quarter-over-quarter.
- 9 funds opened new CTS Corp positions in Q1 2016 and 13 closed out, a net change of -4 holders.
- The largest CTS Corp buyer in Q1 2016 was Killen Group, an estimated $4.47M added.
- The largest CTS Corp seller in Q1 2016 was Ameriprise, an estimated $2.84M sold.
Based on aggregated 13F filings for Q1 2016.