Diageo
529 hedge funds and large institutions have $10.4B invested in Diageo in 2013 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 212 increasing their positions, 193 reducing their positions, and 31 closing their positions.
40% more call options, than puts
Call options by funds: $66.3M | Put options by funds: $47.4M
39% more funds holding in top 10
Funds holding in top 10: 18 → 25 (+7)
32% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 31
11% more capital invested
Capital invested by funds: $9.32B → $10.4B (+$1.03B)
1% more funds holding
Funds holding: 522 → 529 (+7)
10% more repeat investments, than reductions
Existing positions increased: 212 | Existing positions reduced: 193
0.04% more ownership
Funds ownership: 3.09% → 3.13% (+0.04%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$220M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$42.5M |
| 3 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$42M |
| 4 |
Renaissance Technologies
New York
|
+$35.8M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$34.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Rainier Investment Management
Seattle,
Washington
|
-$73.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$47.2M |
| 3 |
Goldman Sachs
New York
|
-$45M |
| 4 |
DCP
DSM Capital Partners
Palm Beach Gardens,
Florida
|
-$40.8M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$30.5M |
DEO Hedge Fund Activity: Q3 2013 in Review
529 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Diageo (DEO) for Q3 2013, worth a combined $10.4B — up 11% from $9.32B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new DEO positions and 31 closed out — a net gain of 10 holders — while 212 added to existing stakes and 193 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $220M. The largest seller was Rainier Investment Management, exiting entirely with an estimated $73.5M sold.
- 529 institutional investors held Diageo (DEO) as of Q3 2013, up from 522 in Q2 2013.
- Funds reported $10.4B of Diageo stock for Q3 2013, up 11% quarter-over-quarter.
- 41 funds opened new Diageo positions in Q3 2013 and 31 closed out, a net change of +10 holders.
- The largest Diageo buyer in Q3 2013 was Wellington Management Group, an estimated $220M added.
- The largest Diageo seller in Q3 2013 was Rainier Investment Management, an estimated $73.5M sold.
Based on aggregated 13F filings for Q3 2013.