Flotek Industries
FTK
150 hedge funds and large institutions have $1.23B invested in Flotek Industries in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 64 increasing their positions, 51 reducing their positions, and 20 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 51
0.58% more ownership
Funds ownership: 14.07% → 14.65% (+0.58%)
6% less funds holding
Funds holding: 160 → 150 (-10)
15% less capital invested
Capital invested by funds: $1.46B → $1.23B (-$226M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
45% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 20
48% less call options, than puts
Call options by funds: $77M | Put options by funds: $149M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$23M |
| 2 |
GCM
Gates Capital Management
New York
|
+$20.4M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12.7M |
| 4 |
Jennison Associates
New York
|
+$12.4M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$17.3M |
| 2 |
ACMM
Arbor Capital Management (Minnesota)
Minneapolis,
Minnesota
|
-$8.53M |
| 3 |
CCM
Cupps Capital Management
Chicago,
Illinois
|
-$5.55M |
| 4 |
Bank of New York Mellon
New York
|
-$4.12M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
-$4.09M |
FTK Hedge Fund Activity: Q3 2014 in Review
150 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Flotek Industries (FTK) for Q3 2014, worth a combined $1.23B — down 15% from $1.46B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FTK and 11 opened new positions — a net loss of 9 holders — while 51 trimmed existing stakes and 64 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $23M. The largest seller was Lord, Abbett & Co, cutting an estimated $17.3M.
- 150 institutional investors held Flotek Industries (FTK) as of Q3 2014, down from 160 in Q2 2014.
- Funds reported $1.23B of Flotek Industries stock for Q3 2014, down 15% quarter-over-quarter.
- 11 funds opened new Flotek Industries positions in Q3 2014 and 20 closed out, a net change of -9 holders.
- The largest Flotek Industries buyer in Q3 2014 was T. Rowe Price Associates, an estimated $23M added.
- The largest Flotek Industries seller in Q3 2014 was Lord, Abbett & Co, an estimated $17.3M sold.
Based on aggregated 13F filings for Q3 2014.