Eaton
ETN
739 hedge funds and large institutions have $25.2B invested in Eaton in 2013 Q3 according to their latest regulatory filings, with 80 funds opening new positions, 279 increasing their positions, 293 reducing their positions, and 60 closing their positions.
33% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 60
2% more funds holding
Funds holding: 728 → 739 (+11)
3% more capital invested
Capital invested by funds: $24.3B → $25.2B (+$848M)
2% less call options, than puts
Call options by funds: $204M | Put options by funds: $208M
5% less repeat investments, than reductions
Existing positions increased: 279 | Existing positions reduced: 293
1.14% less ownership
Funds ownership: 78.37% → 77.23% (-1.1%)
11% less funds holding in top 10
Funds holding in top 10: 37 → 33 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$252M |
| 2 |
JP Morgan Chase
New York
|
+$115M |
| 3 |
Lazard Asset Management
New York
|
+$61.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$55.3M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$53.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$228M |
| 2 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$137M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$110M |
| 4 |
O
OppenheimerFunds
New York
|
-$90.1M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$87.4M |
ETN Hedge Fund Activity: Q3 2013 in Review
739 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Eaton (ETN) for Q3 2013, worth a combined $25.2B — up 3.5% from $24.3B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new ETN positions and 60 closed out — a net gain of 20 holders — while 279 added to existing stakes and 293 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $252M. The largest seller was Capital World Investors, cutting an estimated $228M.
- 739 institutional investors held Eaton (ETN) as of Q3 2013, up from 728 in Q2 2013.
- Funds reported $25.2B of Eaton stock for Q3 2013, up 3.5% quarter-over-quarter.
- 80 funds opened new Eaton positions in Q3 2013 and 60 closed out, a net change of +20 holders.
- The largest Eaton buyer in Q3 2013 was Fidelity Investments, an estimated $252M added.
- The largest Eaton seller in Q3 2013 was Capital World Investors, an estimated $228M sold.
Based on aggregated 13F filings for Q3 2013.