Griffon
114 hedge funds and large institutions have $496M invested in Griffon in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 49 reducing their positions, and 16 closing their positions.
4.47% more ownership
Funds ownership: 71.22% → 75.7% (+4.5%)
6% less funds holding
Funds holding: 121 → 114 (-7)
11% less capital invested
Capital invested by funds: $559M → $496M (-$62.4M)
37% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 49
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
45% less call options, than puts
Call options by funds: $6K | Put options by funds: $11K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GJL
Gendell Jeffrey L
|
+$4.4M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$4.12M |
| 3 |
Bank of New York Mellon
New York
|
+$1.39M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.18M |
| 5 |
CIP
Convergence Investment Partners
Palm Beach Gardens,
Florida
|
+$962K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$4.73M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$2.6M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$1.84M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.36M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$1.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EMG
126
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$162K | -12,300 | Closed |
|
|
WC
127
Wexford Capital
West Palm Beach,
Florida
| – | -$162K | -12,300 | Closed |
|
128
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$150K | -11,327 | Closed |
|
|
VKH
129
Virtu KCG Holdings
New York
| – | -$137K | -10,358 | Closed |
|
130
BNP Paribas Financial Markets
Paris,
France
| – | -$7.63K | -578 | Closed |
|
GFF Hedge Fund Activity: Q1 2014 in Review
114 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Griffon (GFF) for Q1 2014, worth a combined $496M — down 11% from $559M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of GFF and 9 opened new positions — a net loss of 7 holders — while 49 trimmed existing stakes and 31 added.
The largest buyer was Gendell Jeffrey L, opening a new position worth an estimated $4.4M. The largest seller was NWQ Investment Management Company, cutting an estimated $4.73M.
- 114 institutional investors held Griffon (GFF) as of Q1 2014, down from 121 in Q4 2013.
- Funds reported $496M of Griffon stock for Q1 2014, down 11% quarter-over-quarter.
- 9 funds opened new Griffon positions in Q1 2014 and 16 closed out, a net change of -7 holders.
- The largest Griffon buyer in Q1 2014 was Gendell Jeffrey L, an estimated $4.4M added.
- The largest Griffon seller in Q1 2014 was NWQ Investment Management Company, an estimated $4.73M sold.
Based on aggregated 13F filings for Q1 2014.