Eaton
ETN
843 hedge funds and large institutions have $23B invested in Eaton in 2016 Q4 according to their latest regulatory filings, with 112 funds opening new positions, 314 increasing their positions, 310 reducing their positions, and 59 closing their positions.
90% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 59
28% more call options, than puts
Call options by funds: $200M | Put options by funds: $156M
5% more funds holding
Funds holding: 804 → 843 (+39)
3% more capital invested
Capital invested by funds: $22.2B → $23B (+$738M)
1% more repeat investments, than reductions
Existing positions increased: 314 | Existing positions reduced: 310
0.39% more ownership
Funds ownership: 75.28% → 75.67% (+0.39%)
8% less funds holding in top 10
Funds holding in top 10: 13 → 12 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$156M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
+$151M |
| 3 |
Legal & General Group
London,
United Kingdom
|
+$145M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$122M |
| 5 |
Goldman Sachs
New York
|
+$113M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
-$492M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$201M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$101M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$95.3M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$86M |
ETN Hedge Fund Activity: Q4 2016 in Review
843 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Eaton (ETN) for Q4 2016, worth a combined $23B — up 3.3% from $22.2B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new ETN positions and 59 closed out — a net gain of 53 holders — while 314 added to existing stakes and 310 trimmed.
The largest buyer was Invesco, adding an estimated $156M. The largest seller was American International Group, cutting an estimated $492M.
- 843 institutional investors held Eaton (ETN) as of Q4 2016, up from 804 in Q3 2016.
- Funds reported $23B of Eaton stock for Q4 2016, up 3.3% quarter-over-quarter.
- 112 funds opened new Eaton positions in Q4 2016 and 59 closed out, a net change of +53 holders.
- The largest Eaton buyer in Q4 2016 was Invesco, an estimated $156M added.
- The largest Eaton seller in Q4 2016 was American International Group, an estimated $492M sold.
Based on aggregated 13F filings for Q4 2016.