Eaton
ETN
774 hedge funds and large institutions have $26.5B invested in Eaton in 2014 Q1 according to their latest regulatory filings, with 74 funds opening new positions, 320 increasing their positions, 286 reducing their positions, and 71 closing their positions.
26% more call options, than puts
Call options by funds: $162M | Put options by funds: $129M
12% more repeat investments, than reductions
Existing positions increased: 320 | Existing positions reduced: 286
4% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 71
1% less funds holding
Funds holding: 780 → 774 (-6)
4% less capital invested
Capital invested by funds: $27.7B → $26.5B (-$1.17B)
2.45% less ownership
Funds ownership: 76.56% → 74.11% (-2.5%)
15% less funds holding in top 10
Funds holding in top 10: 33 → 28 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$214M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$154M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$153M |
| 4 |
HJGA
Hardman Johnston Global Advisors
Stamford,
Connecticut
|
+$82.2M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$302M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$278M |
| 3 |
JP Morgan Chase
New York
|
-$166M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$134M |
| 5 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$123M |
ETN Hedge Fund Activity: Q1 2014 in Review
774 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Eaton (ETN) for Q1 2014, worth a combined $26.5B — down 4.2% from $27.7B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new ETN positions and 71 closed out — a net gain of 3 holders — while 320 added to existing stakes and 286 trimmed.
The largest buyer was Ameriprise, adding an estimated $214M. The largest seller was Bank of America, cutting an estimated $302M.
- 774 institutional investors held Eaton (ETN) as of Q1 2014, down from 780 in Q4 2013.
- Funds reported $26.5B of Eaton stock for Q1 2014, down 4.2% quarter-over-quarter.
- 74 funds opened new Eaton positions in Q1 2014 and 71 closed out, a net change of +3 holders.
- The largest Eaton buyer in Q1 2014 was Ameriprise, an estimated $214M added.
- The largest Eaton seller in Q1 2014 was Bank of America, an estimated $302M sold.
Based on aggregated 13F filings for Q1 2014.