CTS Corp
CTS
109 hedge funds and large institutions have $575M invested in CTS Corp in 2013 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 38 increasing their positions, 43 reducing their positions, and 8 closing their positions.
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
25% more capital invested
Capital invested by funds: $458M → $575M (+$116M)
6% more funds holding
Funds holding: 103 → 109 (+6)
0.55% less ownership
Funds ownership: 86.36% → 85.8% (-0.55%)
12% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 43
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$8.72M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.57M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$5.06M |
| 4 |
BPIM
Brant Point Investment Management
New York
|
+$3.22M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$2.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$13.3M |
| 2 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$4.19M |
| 3 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$3.39M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.32M |
| 5 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
-$2.54M |
CTS Hedge Fund Activity: Q4 2013 in Review
109 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in CTS Corp (CTS) for Q4 2013, worth a combined $575M — up 25% from $458M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new CTS positions and 8 closed out — a net gain of 6 holders — while 38 added to existing stakes and 43 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $8.72M. The largest seller was Neuberger Berman Group, exiting entirely with an estimated $13.3M sold.
- 109 institutional investors held CTS Corp (CTS) as of Q4 2013, up from 103 in Q3 2013.
- Funds reported $575M of CTS Corp stock for Q4 2013, up 25% quarter-over-quarter.
- 14 funds opened new CTS Corp positions in Q4 2013 and 8 closed out, a net change of +6 holders.
- The largest CTS Corp buyer in Q4 2013 was Goldman Sachs, an estimated $8.72M added.
- The largest CTS Corp seller in Q4 2013 was Neuberger Berman Group, an estimated $13.3M sold.
Based on aggregated 13F filings for Q4 2013.