Fifth Third Bancorp
FITB
606 hedge funds and large institutions have $15.1B invested in Fifth Third Bancorp in 2014 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 215 increasing their positions, 228 reducing their positions, and 57 closing their positions.
19% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 57
5% more capital invested
Capital invested by funds: $14.4B → $15.1B (+$742M)
1% more funds holding
Funds holding: 602 → 606 (+4)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
6% less repeat investments, than reductions
Existing positions increased: 215 | Existing positions reduced: 228
13% less call options, than puts
Call options by funds: $36.1M | Put options by funds: $41.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCIM
TIAA CREF Investment Management
New York
|
+$67M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$63.1M |
| 3 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$43.6M |
| 4 |
JP Morgan Chase
New York
|
+$37.4M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$35.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$118M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$108M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$76M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$60.2M |
| 5 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$56.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NCCM
651
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$229K | -10,900 | Closed |
|
|
CS
652
Comerica Securities
Detroit,
Michigan
| – | -$202K | -9,594 | Closed |
|
653
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$200K | -9,513 | Closed |
|
|
ASN
654
Advisory Services Network
Atlanta,
Georgia
| – | -$52K | -2,457 | Closed |
|
|
SHWM
655
Smith & Howard Wealth Management
Atlanta,
Georgia
| – | -$17K | -805 | Closed |
|
|
HF
656
Hoxton Financial
Shepherdstown,
West Virginia
| – | -$14K | -687 | Closed |
|
|
ITIM
657
Indiana Trust & Investment Management
Mishawaka,
Indiana
| – | -$12K | -592 | Closed |
|
658
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$11K | -541 | Closed |
|
|
ECM
659
Exchange Capital Management
Ann Arbor,
Michigan
| – | -$10K | -490 | Closed |
|
|
EWM
660
Elite Wealth Management
Kirkland,
Washington
| – | -$6K | -272 | Closed |
|
|
EU
661
Emory University
Atlanta,
Georgia
| – | -$5K | -250 | Closed |
|
FITB Hedge Fund Activity: Q1 2014 in Review
606 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Fifth Third Bancorp (FITB) for Q1 2014, worth a combined $15.1B — up 5.2% from $14.4B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new FITB positions and 57 closed out — a net gain of 11 holders — while 215 added to existing stakes and 228 trimmed.
The largest buyer was TIAA CREF Investment Management, adding an estimated $67M. The largest seller was Ameriprise, cutting an estimated $118M.
- 606 institutional investors held Fifth Third Bancorp (FITB) as of Q1 2014, up from 602 in Q4 2013.
- Funds reported $15.1B of Fifth Third Bancorp stock for Q1 2014, up 5.2% quarter-over-quarter.
- 68 funds opened new Fifth Third Bancorp positions in Q1 2014 and 57 closed out, a net change of +11 holders.
- The largest Fifth Third Bancorp buyer in Q1 2014 was TIAA CREF Investment Management, an estimated $67M added.
- The largest Fifth Third Bancorp seller in Q1 2014 was Ameriprise, an estimated $118M sold.
Based on aggregated 13F filings for Q1 2014.