Fluor
581 hedge funds and large institutions have $10.7B invested in Fluor in 2014 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 189 increasing their positions, 229 reducing their positions, and 45 closing their positions.
47% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 45
2% more funds holding
Funds holding: 568 → 581 (+13)
0.74% more ownership
Funds ownership: 85% → 85.74% (+0.74%)
4% less capital invested
Capital invested by funds: $11.2B → $10.7B (-$486M)
15% less call options, than puts
Call options by funds: $162M | Put options by funds: $190M
17% less repeat investments, than reductions
Existing positions increased: 189 | Existing positions reduced: 229
57% less funds holding in top 10
Funds holding in top 10: 14 → 6 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Carmignac Gestion
Paris,
France
|
+$356M |
| 2 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$48.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$38.8M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$33.7M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$27.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$150M |
| 2 |
JP Morgan Chase
New York
|
-$121M |
| 3 |
TAA
Turiya Advisors Asia
Hong Kong
|
-$121M |
| 4 |
AM
Appaloosa Management
Miami Beach,
Florida
|
-$97.7M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$57.3M |
FLR Hedge Fund Activity: Q1 2014 in Review
581 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Fluor (FLR) for Q1 2014, worth a combined $10.7B — down 4.4% from $11.2B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new FLR positions and 45 closed out — a net gain of 21 holders — while 189 added to existing stakes and 229 trimmed.
The largest buyer was Carmignac Gestion, opening a new position worth an estimated $356M. The largest seller was Brown Advisory, cutting an estimated $150M.
- 581 institutional investors held Fluor (FLR) as of Q1 2014, up from 568 in Q4 2013.
- Funds reported $10.7B of Fluor stock for Q1 2014, down 4.4% quarter-over-quarter.
- 66 funds opened new Fluor positions in Q1 2014 and 45 closed out, a net change of +21 holders.
- The largest Fluor buyer in Q1 2014 was Carmignac Gestion, an estimated $356M added.
- The largest Fluor seller in Q1 2014 was Brown Advisory, an estimated $150M sold.
Based on aggregated 13F filings for Q1 2014.