Eaton
ETN
779 hedge funds and large institutions have $22B invested in Eaton in 2014 Q3 according to their latest regulatory filings, with 68 funds opening new positions, 335 increasing their positions, 285 reducing their positions, and 84 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 335 | Existing positions reduced: 285
9% more call options, than puts
Call options by funds: $171M | Put options by funds: $157M
1.71% less ownership
Funds ownership: 75.05% → 73.34% (-1.7%)
3% less funds holding
Funds holding: 802 → 779 (-23)
19% less first-time investments, than exits
New positions opened: 68 | Existing positions closed: 84
20% less capital invested
Capital invested by funds: $27.7B → $22B (-$5.63B)
35% less funds holding in top 10
Funds holding in top 10: 31 → 20 (-11)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$536M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$228M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
+$167M |
| 4 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
+$93.3M |
| 5 |
Morgan Stanley
New York
|
+$67.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$768M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$151M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$137M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$125M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$102M |
ETN Hedge Fund Activity: Q3 2014 in Review
779 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Eaton (ETN) for Q3 2014, worth a combined $22B — down 20% from $27.7B a quarter earlier.
Sellers outnumbered buyers: 84 funds closed out of ETN and 68 opened new positions — a net loss of 16 holders — while 285 trimmed existing stakes and 335 added.
The largest buyer was JP Morgan Chase, adding an estimated $536M. The largest seller was Norges Bank, cutting an estimated $768M.
- 779 institutional investors held Eaton (ETN) as of Q3 2014, down from 802 in Q2 2014.
- Funds reported $22B of Eaton stock for Q3 2014, down 20% quarter-over-quarter.
- 68 funds opened new Eaton positions in Q3 2014 and 84 closed out, a net change of -16 holders.
- The largest Eaton buyer in Q3 2014 was JP Morgan Chase, an estimated $536M added.
- The largest Eaton seller in Q3 2014 was Norges Bank, an estimated $768M sold.
Based on aggregated 13F filings for Q3 2014.