CTS Corp
115 hedge funds and large institutions have $619M invested in CTS Corp in 2014 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 46 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
8% more capital invested
Capital invested by funds: $575M → $619M (+$43.6M)
6% more funds holding
Funds holding: 109 → 115 (+6)
2.15% more ownership
Funds ownership: 85.8% → 87.95% (+2.1%)
24% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 46
91% less call options, than puts
Call options by funds: $2K | Put options by funds: $23K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$16.9M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$5.07M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.59M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$2.58M |
| 5 |
Renaissance Technologies
New York
|
+$2.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$6.91M |
| 2 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$3.53M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$2.92M |
| 4 |
BPIM
Brant Point Investment Management
New York
|
-$2.59M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.12M |
CTS Hedge Fund Activity: Q1 2014 in Review
115 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in CTS Corp (CTS) for Q1 2014, worth a combined $619M — up 7.6% from $575M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CTS positions and 5 closed out — a net gain of 8 holders — while 35 added to existing stakes and 46 trimmed.
The largest buyer was Janus Henderson Investors US, adding an estimated $16.9M. The largest seller was Heartland Advisors, cutting an estimated $6.91M.
- 115 institutional investors held CTS Corp (CTS) as of Q1 2014, up from 109 in Q4 2013.
- Funds reported $619M of CTS Corp stock for Q1 2014, up 7.6% quarter-over-quarter.
- 13 funds opened new CTS Corp positions in Q1 2014 and 5 closed out, a net change of +8 holders.
- The largest CTS Corp buyer in Q1 2014 was Janus Henderson Investors US, an estimated $16.9M added.
- The largest CTS Corp seller in Q1 2014 was Heartland Advisors, an estimated $6.91M sold.
Based on aggregated 13F filings for Q1 2014.