Ericsson
ERIC
214 hedge funds and large institutions have $1.82B invested in Ericsson in 2013 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 71 increasing their positions, 69 reducing their positions, and 25 closing their positions.
44% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 25
24% more capital invested
Capital invested by funds: $1.47B → $1.82B (+$348M)
4% more funds holding
Funds holding: 205 → 214 (+9)
9% more call options, than puts
Call options by funds: $32.7M | Put options by funds: $29.9M
3% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 69
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$68.4M |
| 2 |
SCM
Sandler Capital Management
New York
|
+$17.8M |
| 3 |
Citigroup
New York
|
+$13M |
| 4 |
SA
Smithwood Advisers
Los Angeles,
California
|
+$13M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$60M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.5M |
| 3 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$10.6M |
| 4 |
Capital Fund Management (CFM)
Paris,
France
|
-$10.5M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$9.18M |
ERIC Hedge Fund Activity: Q3 2013 in Review
214 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Ericsson (ERIC) for Q3 2013, worth a combined $1.82B — up 24% from $1.47B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new ERIC positions and 25 closed out — a net gain of 11 holders — while 71 added to existing stakes and 69 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $68.4M. The largest seller was Invesco, cutting an estimated $60M.
- 214 institutional investors held Ericsson (ERIC) as of Q3 2013, up from 205 in Q2 2013.
- Funds reported $1.82B of Ericsson stock for Q3 2013, up 24% quarter-over-quarter.
- 36 funds opened new Ericsson positions in Q3 2013 and 25 closed out, a net change of +11 holders.
- The largest Ericsson buyer in Q3 2013 was Arrowstreet Capital, an estimated $68.4M added.
- The largest Ericsson seller in Q3 2013 was Invesco, an estimated $60M sold.
Based on aggregated 13F filings for Q3 2013.