Federated Hermes
260 hedge funds and large institutions have $2.55B invested in Federated Hermes in 2013 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 109 increasing their positions, 80 reducing their positions, and 24 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 80
33% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 24
2% more funds holding
Funds holding: 254 → 260 (+6)
0.83% more ownership
Funds ownership: 89.21% → 90.04% (+0.83%)
0% less capital invested
Capital invested by funds: $2.56B → $2.55B (-$9.19M)
17% less call options, than puts
Call options by funds: $13.2M | Put options by funds: $15.8M
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
+$77M |
| 2 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$15.9M |
| 3 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$10.5M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$7.68M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$7.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
-$53.9M |
| 2 |
RA
Royce & Associates
New York
|
-$38.9M |
| 3 |
Millennium Management
New York
|
-$20.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$10.9M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$7.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HAIM
276
Hunter Associates Investment Management
Pittsburgh,
Pennsylvania
| – | -$201K | -7,321 | Closed |
|
|
BJ
277
BlackRock Japan
Tokyo,
Japan
| – | -$144K | -5,254 | Closed |
|
|
PG
278
PEAK6 Group
Chicago,
Illinois
| – | -$68K | -2,392 | Closed |
|
|
MA
279
MUFG Americas
New York
| – | -$55K | -2,000 | Closed |
|
|
BWM
280
Baystate Wealth Management
Boston,
Massachusetts
| – | -$21K | -750 | Closed |
|
281
Parallax Volatility Advisers
San Francisco,
California
| – | -$19K | -711 | Closed |
|
|
SMA
282
Simply Money Advisors
Cincinnati,
Ohio
| – | -$11K | -412 | Closed |
|
|
ECAM
283
East Coast Asset Management
Essex,
Massachusetts
| – | -$3K | -114 | Closed |
|
284
Walleye Trading
New York
| – | -$2.62K | -92 | Closed |
|
FHI Hedge Fund Activity: Q3 2013 in Review
260 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Federated Hermes (FHI) for Q3 2013, worth a combined $2.55B — down 0.36% from $2.56B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new FHI positions and 24 closed out — a net gain of 8 holders — while 109 added to existing stakes and 80 trimmed.
The largest buyer was Herndon Capital Management, adding an estimated $77M. The largest seller was Shapiro Capital Management, cutting an estimated $53.9M.
- 260 institutional investors held Federated Hermes (FHI) as of Q3 2013, up from 254 in Q2 2013.
- Funds reported $2.55B of Federated Hermes stock for Q3 2013, down 0.36% quarter-over-quarter.
- 32 funds opened new Federated Hermes positions in Q3 2013 and 24 closed out, a net change of +8 holders.
- The largest Federated Hermes buyer in Q3 2013 was Herndon Capital Management, an estimated $77M added.
- The largest Federated Hermes seller in Q3 2013 was Shapiro Capital Management, an estimated $53.9M sold.
Based on aggregated 13F filings for Q3 2013.