Griffon
135 hedge funds and large institutions have $565M invested in Griffon in 2015 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 37 increasing their positions, 54 reducing their positions, and 22 closing their positions.
5% less capital invested
Capital invested by funds: $593M → $565M (-$28M)
1.09% less ownership
Funds ownership: 73% → 71.91% (-1.1%)
4% less funds holding
Funds holding: 140 → 135 (-5)
23% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 22
31% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$3.49M |
| 2 |
BA
Boston Advisors
Boston,
Massachusetts
|
+$2.31M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.3M |
| 4 |
Morgan Stanley
New York
|
+$1.06M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
-$11M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$4.53M |
| 3 |
New York State Common Retirement Fund
Albany,
New York
|
-$1.74M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$1.69M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
151
Prelude Capital Management
New York
| – | -$29K | -1,800 | Closed |
|
|
AGM
152
Alpine Global Management
New York
| – | -$6K | -355 | Closed |
|
153
Walleye Trading
New York
| – | -$2K | -100 | Closed |
|
|
QT
154
Quantbot Technologies
New York
| – | -$1K | -91 | Closed |
|
155
Simplex Trading
Chicago,
Illinois
| – | -$801 | -49 | Closed |
|
GFF Hedge Fund Activity: Q3 2015 in Review
135 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Griffon (GFF) for Q3 2015, worth a combined $565M — down 4.7% from $593M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of GFF and 17 opened new positions — a net loss of 5 holders — while 54 trimmed existing stakes and 37 added.
The largest buyer was Millennium Management, adding an estimated $3.49M. The largest seller was Pzena Investment Management, exiting entirely with an estimated $11M sold.
- 135 institutional investors held Griffon (GFF) as of Q3 2015, down from 140 in Q2 2015.
- Funds reported $565M of Griffon stock for Q3 2015, down 4.7% quarter-over-quarter.
- 17 funds opened new Griffon positions in Q3 2015 and 22 closed out, a net change of -5 holders.
- The largest Griffon buyer in Q3 2015 was Millennium Management, an estimated $3.49M added.
- The largest Griffon seller in Q3 2015 was Pzena Investment Management, an estimated $11M sold.
Based on aggregated 13F filings for Q3 2015.