Fulton Financial
FULT
203 hedge funds and large institutions have $1.4B invested in Fulton Financial in 2013 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 62 increasing their positions, 84 reducing their positions, and 19 closing their positions.
13% more capital invested
Capital invested by funds: $1.24B → $1.4B (+$164M)
2% less funds holding
Funds holding: 207 → 203 (-4)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
26% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$46.5M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$7.01M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.71M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.61M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$3.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$22.6M |
| 2 |
ICM
ICC Capital Management
Orlando,
Florida
|
-$5.19M |
| 3 |
State Street
Boston,
Massachusetts
|
-$3.99M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.56M |
| 5 |
Renaissance Technologies
New York
|
-$3.36M |
FULT Hedge Fund Activity: Q4 2013 in Review
203 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Fulton Financial (FULT) for Q4 2013, worth a combined $1.4B — up 13% from $1.24B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of FULT and 17 opened new positions — a net loss of 2 holders — while 84 trimmed existing stakes and 62 added.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $46.5M. The largest seller was Perkins Investment Management, cutting an estimated $22.6M.
- 203 institutional investors held Fulton Financial (FULT) as of Q4 2013, down from 207 in Q3 2013.
- Funds reported $1.4B of Fulton Financial stock for Q4 2013, up 13% quarter-over-quarter.
- 17 funds opened new Fulton Financial positions in Q4 2013 and 19 closed out, a net change of -2 holders.
- The largest Fulton Financial buyer in Q4 2013 was Lord, Abbett & Co, an estimated $46.5M added.
- The largest Fulton Financial seller in Q4 2013 was Perkins Investment Management, an estimated $22.6M sold.
Based on aggregated 13F filings for Q4 2013.