Flowserve
478 hedge funds and large institutions have $10.1B invested in Flowserve in 2013 Q4 according to their latest regulatory filings, with 77 funds opening new positions, 137 increasing their positions, 199 reducing their positions, and 27 closing their positions.
217% more funds holding in top 10
Funds holding in top 10: 6 → 19 (+13)
185% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 27
31% more capital invested
Capital invested by funds: $7.65B → $10.1B (+$2.4B)
11% more funds holding
Funds holding: 430 → 478 (+48)
4.08% more ownership
Funds ownership: 87.42% → 91.5% (+4.1%)
31% less repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 199
65% less call options, than puts
Call options by funds: $19.5M | Put options by funds: $56.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$279M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$192M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$52.5M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$48.8M |
| 5 |
VAM
Visium Asset Management
New York
|
+$36.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$84.6M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$80.1M |
| 3 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$77.2M |
| 4 |
Bank of New York Mellon
New York
|
-$49.8M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$21.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FANJ
501
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$94K | -1,500 | Closed |
|
502
Jones Financial Companies
Des Peres,
Missouri
| – | -$49K | -786 | Closed |
|
|
TCM
503
Tributary Capital Management
Omaha,
Nebraska
| – | -$14K | -225 | Closed |
|
504
Victory Capital Management
San Antonio,
Texas
| – | -$6K | -102 | Closed |
|
505
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -56 | Closed |
|
FLS Hedge Fund Activity: Q4 2013 in Review
478 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Flowserve (FLS) for Q4 2013, worth a combined $10.1B — up 31% from $7.65B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new FLS positions and 27 closed out — a net gain of 50 holders — while 137 added to existing stakes and 199 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $279M. The largest seller was Goldman Sachs, cutting an estimated $84.6M.
- 478 institutional investors held Flowserve (FLS) as of Q4 2013, up from 430 in Q3 2013.
- Funds reported $10.1B of Flowserve stock for Q4 2013, up 31% quarter-over-quarter.
- 77 funds opened new Flowserve positions in Q4 2013 and 27 closed out, a net change of +50 holders.
- The largest Flowserve buyer in Q4 2013 was JP Morgan Chase, an estimated $279M added.
- The largest Flowserve seller in Q4 2013 was Goldman Sachs, an estimated $84.6M sold.
Based on aggregated 13F filings for Q4 2013.