Federated Hermes
298 hedge funds and large institutions have $2.29B invested in Federated Hermes in 2016 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 114 increasing their positions, 94 reducing their positions, and 23 closing their positions.
117% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 23
21% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 94
9% more funds holding
Funds holding: 274 → 298 (+24)
3% more call options, than puts
Call options by funds: $639K | Put options by funds: $623K
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
1% less capital invested
Capital invested by funds: $2.31B → $2.29B (-$16.2M)
0.96% less ownership
Funds ownership: 77.7% → 76.73% (-0.96%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$17.3M |
| 2 |
RCM
Riverhead Capital Management
Wilmington,
Delaware
|
+$14.8M |
| 3 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
+$10.2M |
| 4 |
Millennium Management
New York
|
+$10.1M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$9.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$68.2M |
| 2 |
MG
Markel Group
Glen Allen,
Virginia
|
-$21.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$12.8M |
| 4 |
HCM
Hamlin Capital Management
New York
|
-$11.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$10M |
FHI Hedge Fund Activity: Q2 2016 in Review
298 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Federated Hermes (FHI) for Q2 2016, worth a combined $2.29B — down 0.7% from $2.31B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new FHI positions and 23 closed out — a net gain of 27 holders — while 114 added to existing stakes and 94 trimmed.
The largest buyer was Macquarie Group, adding an estimated $17.3M. The largest seller was Bank of New York Mellon, cutting an estimated $68.2M.
- 298 institutional investors held Federated Hermes (FHI) as of Q2 2016, up from 274 in Q1 2016.
- Funds reported $2.29B of Federated Hermes stock for Q2 2016, down 0.7% quarter-over-quarter.
- 50 funds opened new Federated Hermes positions in Q2 2016 and 23 closed out, a net change of +27 holders.
- The largest Federated Hermes buyer in Q2 2016 was Macquarie Group, an estimated $17.3M added.
- The largest Federated Hermes seller in Q2 2016 was Bank of New York Mellon, an estimated $68.2M sold.
Based on aggregated 13F filings for Q2 2016.