Fifth Third Bancorp
FITB
602 hedge funds and large institutions have $14.4B invested in Fifth Third Bancorp in 2013 Q4 according to their latest regulatory filings, with 73 funds opening new positions, 187 increasing their positions, 266 reducing their positions, and 34 closing their positions.
115% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 34
14% more capital invested
Capital invested by funds: $12.6B → $14.4B (+$1.74B)
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
6% more funds holding
Funds holding: 566 → 602 (+36)
30% less repeat investments, than reductions
Existing positions increased: 187 | Existing positions reduced: 266
63% less call options, than puts
Call options by funds: $53.1M | Put options by funds: $144M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$180M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$82.1M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$52.3M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$46.4M |
| 5 |
MAM
Marketfield Asset Management
New York
|
+$32.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$92.6M |
| 2 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
-$89M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$78.4M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$77.9M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$64.7M |
FITB Hedge Fund Activity: Q4 2013 in Review
602 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Fifth Third Bancorp (FITB) for Q4 2013, worth a combined $14.4B — up 14% from $12.6B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new FITB positions and 34 closed out — a net gain of 39 holders — while 187 added to existing stakes and 266 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $180M. The largest seller was Lord, Abbett & Co, cutting an estimated $92.6M.
- 602 institutional investors held Fifth Third Bancorp (FITB) as of Q4 2013, up from 566 in Q3 2013.
- Funds reported $14.4B of Fifth Third Bancorp stock for Q4 2013, up 14% quarter-over-quarter.
- 73 funds opened new Fifth Third Bancorp positions in Q4 2013 and 34 closed out, a net change of +39 holders.
- The largest Fifth Third Bancorp buyer in Q4 2013 was Citadel Advisors, an estimated $180M added.
- The largest Fifth Third Bancorp seller in Q4 2013 was Lord, Abbett & Co, an estimated $92.6M sold.
Based on aggregated 13F filings for Q4 2013.