Griffon
120 hedge funds and large institutions have $442M invested in Griffon in 2014 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 36 increasing their positions, 44 reducing their positions, and 8 closing their positions.
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
0% more funds holding
Funds holding: 120 → 120 (0)
2.25% less ownership
Funds ownership: 74.43% → 72.18% (-2.3%)
12% less capital invested
Capital invested by funds: $504M → $442M (-$61.8M)
18% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$1.5M |
| 2 |
Morgan Stanley
New York
|
+$1.41M |
| 3 |
JP Morgan Chase
New York
|
+$1.16M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$939K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$537K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$11.1M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$5.13M |
| 3 |
Barclays
London,
United Kingdom
|
-$3.52M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.85M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VFA
126
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$42K | -3,402 | Closed |
|
127
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$13K | -1,020 | Closed |
|
|
CBT
128
Central Bank & Trust
Lexington,
Kentucky
| – | -$11K | -800 | Closed |
|
GFF Hedge Fund Activity: Q3 2014 in Review
120 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Griffon (GFF) for Q3 2014, worth a combined $442M — down 12% from $504M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new GFF positions and 8 closed out — a net gain of 1 holder — while 36 added to existing stakes and 44 trimmed.
The largest buyer was Pzena Investment Management, adding an estimated $1.5M. The largest seller was NWQ Investment Management Company, cutting an estimated $11.1M.
- 120 institutional investors held Griffon (GFF) as of Q3 2014, unchanged from Q2 2014.
- Funds reported $442M of Griffon stock for Q3 2014, down 12% quarter-over-quarter.
- 9 funds opened new Griffon positions in Q3 2014 and 8 closed out, a net change of +1 holder.
- The largest Griffon buyer in Q3 2014 was Pzena Investment Management, an estimated $1.5M added.
- The largest Griffon seller in Q3 2014 was NWQ Investment Management Company, an estimated $11.1M sold.
Based on aggregated 13F filings for Q3 2014.