FORTEGRA FINL CORP COM STK (DE)
FRF
FRF was delisted on the 3rd of December, 2014.
49 hedge funds and large institutions have $120M invested in FORTEGRA FINL CORP COM STK (DE) in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 23 increasing their positions, 9 reducing their positions, and 6 closing their positions.
156% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 9
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 52 → 49 (-3)
16% less capital invested
Capital invested by funds: $142M → $120M (-$22.3M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$405K |
| 2 |
CM
Capital Management
Glen Allen,
Virginia
|
+$156K |
| 3 |
Renaissance Technologies
New York
|
+$143K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$132K |
| 5 |
Morgan Stanley
New York
|
+$119K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Turner Investments
Berwyn,
Pennsylvania
|
-$1.25M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$435K |
| 3 |
MCM
Maltese Capital Management
New York
|
-$417K |
| 4 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
-$188K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$112K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$112K | -13,572 | Closed |
|
52
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$89K | -10,800 | Closed |
|
|
CCMH
53
Cornerstone Capital Management Holdings
New York
| – | -$4K | -600 | Closed |
|
54
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$2 | -240 | Closed |
|
FRF Hedge Fund Activity: Q1 2014 in Review
49 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in FORTEGRA FINL CORP COM STK (DE) (FRF) for Q1 2014, worth a combined $120M — down 16% from $142M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FRF and 3 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 23 added.
The largest buyer was Wells Fargo, adding an estimated $405K. The largest seller was Turner Investments, exiting entirely with an estimated $1.25M sold.
- 49 institutional investors held FORTEGRA FINL CORP COM STK (DE) (FRF) as of Q1 2014, down from 52 in Q4 2013.
- Funds reported $120M of FORTEGRA FINL CORP COM STK (DE) stock for Q1 2014, down 16% quarter-over-quarter.
- 3 funds opened new FORTEGRA FINL CORP COM STK (DE) positions in Q1 2014 and 6 closed out, a net change of -3 holders.
- The largest FORTEGRA FINL CORP COM STK (DE) buyer in Q1 2014 was Wells Fargo, an estimated $405K added.
- The largest FORTEGRA FINL CORP COM STK (DE) seller in Q1 2014 was Turner Investments, an estimated $1.25M sold.
Based on aggregated 13F filings for Q1 2014.