Fulton Financial
FULT
225 hedge funds and large institutions have $1.1B invested in Fulton Financial in 2014 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 76 increasing their positions, 85 reducing their positions, and 19 closing their positions.
2% less funds holding
Funds holding: 230 → 225 (-5)
11% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 85
16% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 19
16% less capital invested
Capital invested by funds: $1.3B → $1.1B (-$206M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Kestrel Investment Management
San Mateo,
California
|
+$20.3M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$15.1M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$10.7M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$7.76M |
| 5 |
RP
Reinhart Partners
Mequon,
Wisconsin
|
+$6.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$46.8M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$20.3M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$14.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$12.9M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$4.2M |
FULT Hedge Fund Activity: Q3 2014 in Review
225 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Fulton Financial (FULT) for Q3 2014, worth a combined $1.1B — down 16% from $1.3B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of FULT and 16 opened new positions — a net loss of 3 holders — while 85 trimmed existing stakes and 76 added.
The largest buyer was Kestrel Investment Management, opening a new position worth an estimated $20.3M. The largest seller was Lord, Abbett & Co, cutting an estimated $46.8M.
- 225 institutional investors held Fulton Financial (FULT) as of Q3 2014, down from 230 in Q2 2014.
- Funds reported $1.1B of Fulton Financial stock for Q3 2014, down 16% quarter-over-quarter.
- 16 funds opened new Fulton Financial positions in Q3 2014 and 19 closed out, a net change of -3 holders.
- The largest Fulton Financial buyer in Q3 2014 was Kestrel Investment Management, an estimated $20.3M added.
- The largest Fulton Financial seller in Q3 2014 was Lord, Abbett & Co, an estimated $46.8M sold.
Based on aggregated 13F filings for Q3 2014.