Globe Life
348 hedge funds and large institutions have $4.92B invested in Globe Life in 2013 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 102 increasing their positions, 160 reducing their positions, and 22 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
27% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 22
25% more call options, than puts
Call options by funds: $9.47M | Put options by funds: $7.57M
8% more capital invested
Capital invested by funds: $4.55B → $4.92B (+$375M)
1% more funds holding
Funds holding: 345 → 348 (+3)
1.52% less ownership
Funds ownership: 113.18% → 111.66% (-1.5%)
36% less repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 160
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$38.5M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$29.1M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$17.3M |
| 4 |
JP Morgan Chase
New York
|
+$16.2M |
| 5 |
DCM
Decade Capital Management
New York
|
+$8.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGA
Altrinsic Global Advisors
Stamford,
Connecticut
|
-$44.6M |
| 2 |
TAM
Timucuan Asset Management
Jacksonville,
Florida
|
-$25.8M |
| 3 |
Pzena Investment Management
New York
|
-$25M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$22.7M |
| 5 |
PMG
Private Management Group
Irvine,
California
|
-$12.3M |
GL Hedge Fund Activity: Q3 2013 in Review
348 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Globe Life (GL) for Q3 2013, worth a combined $4.92B — up 8.2% from $4.55B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new GL positions and 22 closed out — a net gain of 6 holders — while 102 added to existing stakes and 160 trimmed.
The largest buyer was Perkins Investment Management, adding an estimated $38.5M. The largest seller was Altrinsic Global Advisors, cutting an estimated $44.6M.
- 348 institutional investors held Globe Life (GL) as of Q3 2013, up from 345 in Q2 2013.
- Funds reported $4.92B of Globe Life stock for Q3 2013, up 8.2% quarter-over-quarter.
- 28 funds opened new Globe Life positions in Q3 2013 and 22 closed out, a net change of +6 holders.
- The largest Globe Life buyer in Q3 2013 was Perkins Investment Management, an estimated $38.5M added.
- The largest Globe Life seller in Q3 2013 was Altrinsic Global Advisors, an estimated $44.6M sold.
Based on aggregated 13F filings for Q3 2013.