Federated Hermes
255 hedge funds and large institutions have $2.6B invested in Federated Hermes in 2013 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 86 increasing their positions, 91 reducing their positions, and 30 closing their positions.
2% more capital invested
Capital invested by funds: $2.55B → $2.6B (+$46.5M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 91
2% less funds holding
Funds holding: 260 → 255 (-5)
3.61% less ownership
Funds ownership: 90.04% → 86.42% (-3.6%)
13% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 30
40% less call options, than puts
Call options by funds: $3.81M | Put options by funds: $6.34M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$90M |
| 2 |
IG
ING Group
Amsterdam,
Netherlands
|
+$7.62M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$6.75M |
| 4 |
Renaissance Technologies
New York
|
+$5.13M |
| 5 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$4.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
-$156M |
| 2 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
-$16.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$13M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$12.3M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$9.84M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WMSA
276
Weiss Multi-Strategy Advisers
New York
| – | -$214K | -7,890 | Closed |
|
277
Group One Trading
Chicago,
Illinois
| – | -$201K | -7,330 | Closed |
|
|
FNBT
278
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$18K | -678 | Closed |
|
|
LWCFA
279
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| – | -$14K | -500 | Closed |
|
|
HMS
280
Hanseatic Management Services
Albuquerque,
New Mexico
| – | -$9K | -334 | Closed |
|
|
WA
281
WFG Advisors
Dallas,
Texas
| – | -$5K | -202 | Closed |
|
282
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$5K | -195 | Closed |
|
|
STC
283
SEI Trust Company
Oaks,
Pennsylvania
| – | -$4K | -157 | Closed |
|
284
Envestnet Asset Management
Chicago,
Illinois
| – | -$768 | -28 | -74% |
|
|
SF
285
Synovus Financial
Columbus,
Georgia
| – | -$1K | -25 | Closed |
|
FHI Hedge Fund Activity: Q4 2013 in Review
255 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Federated Hermes (FHI) for Q4 2013, worth a combined $2.6B — up 1.8% from $2.55B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of FHI and 26 opened new positions — a net loss of 4 holders — while 91 trimmed existing stakes and 86 added.
The largest buyer was BlackRock Fund Advisors, adding an estimated $90M. The largest seller was Herndon Capital Management, cutting an estimated $156M.
- 255 institutional investors held Federated Hermes (FHI) as of Q4 2013, down from 260 in Q3 2013.
- Funds reported $2.6B of Federated Hermes stock for Q4 2013, up 1.8% quarter-over-quarter.
- 26 funds opened new Federated Hermes positions in Q4 2013 and 30 closed out, a net change of -4 holders.
- The largest Federated Hermes buyer in Q4 2013 was BlackRock Fund Advisors, an estimated $90M added.
- The largest Federated Hermes seller in Q4 2013 was Herndon Capital Management, an estimated $156M sold.
Based on aggregated 13F filings for Q4 2013.