Diageo
569 hedge funds and large institutions have $9.21B invested in Diageo in 2014 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 229 increasing their positions, 209 reducing their positions, and 55 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 229 | Existing positions reduced: 209
0.12% less ownership
Funds ownership: 3.3% → 3.18% (-0.12%)
4% less funds holding
Funds holding: 590 → 569 (-21)
13% less capital invested
Capital invested by funds: $10.5B → $9.21B (-$1.32B)
18% less call options, than puts
Call options by funds: $62.2M | Put options by funds: $75.6M
29% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 55
33% less funds holding in top 10
Funds holding in top 10: 21 → 14 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$75.5M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$60.3M |
| 3 |
Renaissance Technologies
New York
|
+$43M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$21.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$231M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$111M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$59.6M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$59M |
| 5 |
HJGA
Hardman Johnston Global Advisors
Stamford,
Connecticut
|
-$56.5M |
DEO Hedge Fund Activity: Q3 2014 in Review
569 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Diageo (DEO) for Q3 2014, worth a combined $9.21B — down 13% from $10.5B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of DEO and 39 opened new positions — a net loss of 16 holders — while 209 trimmed existing stakes and 229 added.
The largest buyer was Harris Associates, adding an estimated $75.5M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $231M.
- 569 institutional investors held Diageo (DEO) as of Q3 2014, down from 590 in Q2 2014.
- Funds reported $9.21B of Diageo stock for Q3 2014, down 13% quarter-over-quarter.
- 39 funds opened new Diageo positions in Q3 2014 and 55 closed out, a net change of -16 holders.
- The largest Diageo buyer in Q3 2014 was Harris Associates, an estimated $75.5M added.
- The largest Diageo seller in Q3 2014 was Barrow, Hanley, Mewhinney & Strauss, an estimated $231M sold.
Based on aggregated 13F filings for Q3 2014.