Graham Holdings Company
263 hedge funds and large institutions have $3.53B invested in Graham Holdings Company in 2013 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 76 increasing their positions, 93 reducing their positions, and 24 closing their positions.
67% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 24
6% more funds holding
Funds holding: 247 → 263 (+16)
1.99% less ownership
Funds ownership: 143.74% → 141.75% (-2%)
18% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 93
34% less capital invested
Capital invested by funds: $5.36B → $3.53B (-$1.84B)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$36M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$19.6M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$19.3M |
| 4 |
WCM
Winton Capital Management
London,
United Kingdom
|
+$15.8M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$15.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$54.1M |
| 2 |
IVA
International Value Advisers
|
-$53M |
| 3 |
Bank of New York Mellon
New York
|
-$38.6M |
| 4 |
CAM
Contour Asset Management
New York
|
-$32.9M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
-$31.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
Millennium Management
New York
| – | -$548K | -1,485 | Closed |
|
277
Neuberger Berman Group
New York
| – | -$397K | -1,076 | Closed |
|
|
AR
278
Advisory Research
Chicago,
Illinois
| – | -$352K | -952 | Closed |
|
|
SC
279
Savant Capital
Rockford,
Illinois
| – | -$257K | -695 | Closed |
|
280
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$252K | -684 | Closed |
|
|
FCBT
281
First Citizens Bank & Trust
Raleigh,
North Carolina
| – | -$251K | -680 | Closed |
|
|
PA
282
Profund Advisors
Bethesda,
Maryland
| – | -$232K | -629 | Closed |
|
283
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$220K | -579 | Closed |
|
|
PP
284
Palladium Partners
Norfolk,
Virginia
| – | -$99K | -268 | Closed |
|
|
AAM
285
Advisors Asset Management
Monument,
Colorado
| – | -$61K | -166 | Closed |
|
286
Victory Capital Management
San Antonio,
Texas
| – | -$8K | -23 | Closed |
|
287
Envestnet Asset Management
Chicago,
Illinois
| – | -$1K | -2 | Closed |
|
GHC Hedge Fund Activity: Q4 2013 in Review
263 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Graham Holdings Company (GHC) for Q4 2013, worth a combined $3.53B — down 34% from $5.36B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new GHC positions and 24 closed out — a net gain of 16 holders — while 76 added to existing stakes and 93 trimmed.
The largest buyer was Prudential Financial, adding an estimated $36M. The largest seller was Fidelity Investments, cutting an estimated $54.1M.
- 263 institutional investors held Graham Holdings Company (GHC) as of Q4 2013, up from 247 in Q3 2013.
- Funds reported $3.53B of Graham Holdings Company stock for Q4 2013, down 34% quarter-over-quarter.
- 40 funds opened new Graham Holdings Company positions in Q4 2013 and 24 closed out, a net change of +16 holders.
- The largest Graham Holdings Company buyer in Q4 2013 was Prudential Financial, an estimated $36M added.
- The largest Graham Holdings Company seller in Q4 2013 was Fidelity Investments, an estimated $54.1M sold.
Based on aggregated 13F filings for Q4 2013.