Fifth Third Bancorp
FITB
605 hedge funds and large institutions have $14.1B invested in Fifth Third Bancorp in 2014 Q2 according to their latest regulatory filings, with 68 funds opening new positions, 207 increasing their positions, 243 reducing their positions, and 65 closing their positions.
78% more call options, than puts
Call options by funds: $49.5M | Put options by funds: $27.8M
5% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 65
0% less funds holding
Funds holding: 606 → 605 (-1)
7% less capital invested
Capital invested by funds: $15.1B → $14.1B (-$1.01B)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
15% less repeat investments, than reductions
Existing positions increased: 207 | Existing positions reduced: 243
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$119M |
| 2 |
Millennium Management
New York
|
+$108M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$104M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$85.5M |
| 5 |
Two Sigma Investments
New York
|
+$70.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Marketfield Asset Management
New York
|
-$236M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$96.4M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$85.5M |
| 4 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$75.8M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$69.8M |
FITB Hedge Fund Activity: Q2 2014 in Review
605 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Fifth Third Bancorp (FITB) for Q2 2014, worth a combined $14.1B — down 6.7% from $15.1B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new FITB positions and 65 closed out — a net gain of 3 holders — while 207 added to existing stakes and 243 trimmed.
The largest buyer was Norges Bank, adding an estimated $119M. The largest seller was Marketfield Asset Management, exiting entirely with an estimated $236M sold.
- 605 institutional investors held Fifth Third Bancorp (FITB) as of Q2 2014, down from 606 in Q1 2014.
- Funds reported $14.1B of Fifth Third Bancorp stock for Q2 2014, down 6.7% quarter-over-quarter.
- 68 funds opened new Fifth Third Bancorp positions in Q2 2014 and 65 closed out, a net change of +3 holders.
- The largest Fifth Third Bancorp buyer in Q2 2014 was Norges Bank, an estimated $119M added.
- The largest Fifth Third Bancorp seller in Q2 2014 was Marketfield Asset Management, an estimated $236M sold.
Based on aggregated 13F filings for Q2 2014.