Fifth Third Bancorp
FITB
567 hedge funds and large institutions have $13B invested in Fifth Third Bancorp in 2014 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 176 increasing their positions, 255 reducing their positions, and 71 closing their positions.
39% more call options, than puts
Call options by funds: $45.1M | Put options by funds: $32.5M
6% less funds holding
Funds holding: 605 → 567 (-38)
8% less capital invested
Capital invested by funds: $14.1B → $13B (-$1.15B)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
31% less repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 255
45% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$259M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$161M |
| 3 |
JP Morgan Chase
New York
|
+$123M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$46.3M |
| 5 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$41.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$216M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$111M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$77M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$56.9M |
| 5 |
Millennium Management
New York
|
-$46.7M |
FITB Hedge Fund Activity: Q3 2014 in Review
567 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Fifth Third Bancorp (FITB) for Q3 2014, worth a combined $13B — down 8.2% from $14.1B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of FITB and 39 opened new positions — a net loss of 32 holders — while 255 trimmed existing stakes and 176 added.
The largest buyer was Goldman Sachs, adding an estimated $259M. The largest seller was AJO LP, exiting entirely with an estimated $216M sold.
- 567 institutional investors held Fifth Third Bancorp (FITB) as of Q3 2014, down from 605 in Q2 2014.
- Funds reported $13B of Fifth Third Bancorp stock for Q3 2014, down 8.2% quarter-over-quarter.
- 39 funds opened new Fifth Third Bancorp positions in Q3 2014 and 71 closed out, a net change of -32 holders.
- The largest Fifth Third Bancorp buyer in Q3 2014 was Goldman Sachs, an estimated $259M added.
- The largest Fifth Third Bancorp seller in Q3 2014 was AJO LP, an estimated $216M sold.
Based on aggregated 13F filings for Q3 2014.