Eaton
ETN
1,006 hedge funds and large institutions have $25.5B invested in Eaton in 2018 Q2 according to their latest regulatory filings, with 83 funds opening new positions, 419 increasing their positions, 347 reducing their positions, and 75 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 419 | Existing positions reduced: 347
16% more call options, than puts
Call options by funds: $179M | Put options by funds: $155M
11% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 75
0% less funds holding
Funds holding: 1,007 → 1,006 (-1)
1.17% less ownership
Funds ownership: 79.99% → 78.81% (-1.2%)
9% less capital invested
Capital invested by funds: $28B → $25.5B (-$2.46B)
23% less funds holding in top 10
Funds holding in top 10: 13 → 10 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSM
Sound Shore Management
Greenwich,
Connecticut
|
+$126M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$111M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$100M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$94.4M |
| 5 |
JP Morgan Chase
New York
|
+$72.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$256M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
-$169M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$166M |
| 4 |
Millennium Management
New York
|
-$157M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$118M |
ETN Hedge Fund Activity: Q2 2018 in Review
1,006 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Eaton (ETN) for Q2 2018, worth a combined $25.5B — down 8.8% from $28B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new ETN positions and 75 closed out — a net gain of 8 holders — while 419 added to existing stakes and 347 trimmed.
The largest buyer was Sound Shore Management, opening a new position worth an estimated $126M. The largest seller was Wellington Management Group, cutting an estimated $256M.
- 1,006 institutional investors held Eaton (ETN) as of Q2 2018, down from 1,007 in Q1 2018.
- Funds reported $25.5B of Eaton stock for Q2 2018, down 8.8% quarter-over-quarter.
- 83 funds opened new Eaton positions in Q2 2018 and 75 closed out, a net change of +8 holders.
- The largest Eaton buyer in Q2 2018 was Sound Shore Management, an estimated $126M added.
- The largest Eaton seller in Q2 2018 was Wellington Management Group, an estimated $256M sold.
Based on aggregated 13F filings for Q2 2018.