Globe Life
375 hedge funds and large institutions have $5.1B invested in Globe Life in 2014 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 98 increasing their positions, 196 reducing their positions, and 19 closing their positions.
636% more call options, than puts
Call options by funds: $4.62M | Put options by funds: $628K
79% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 19
3% more funds holding
Funds holding: 363 → 375 (+12)
6% less capital invested
Capital invested by funds: $5.45B → $5.1B (-$342M)
39.54% less ownership
Funds ownership: 114.16% → 74.62% (-40%)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
50% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 196
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$35.6M |
| 2 |
IG
ING Group
Amsterdam,
Netherlands
|
+$20.2M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$13M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$10.7M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$42.7M |
| 2 |
AGA
Altrinsic Global Advisors
Stamford,
Connecticut
|
-$40.2M |
| 3 |
WG
Winton Group
London,
United Kingdom
|
-$27.8M |
| 4 |
JP Morgan Chase
New York
|
-$25.9M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$18.3M |
GL Hedge Fund Activity: Q3 2014 in Review
375 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Globe Life (GL) for Q3 2014, worth a combined $5.1B — down 6.3% from $5.45B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new GL positions and 19 closed out — a net gain of 15 holders — while 98 added to existing stakes and 196 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $35.6M. The largest seller was Perkins Investment Management, cutting an estimated $42.7M.
- 375 institutional investors held Globe Life (GL) as of Q3 2014, up from 363 in Q2 2014.
- Funds reported $5.1B of Globe Life stock for Q3 2014, down 6.3% quarter-over-quarter.
- 34 funds opened new Globe Life positions in Q3 2014 and 19 closed out, a net change of +15 holders.
- The largest Globe Life buyer in Q3 2014 was Fidelity Investments, an estimated $35.6M added.
- The largest Globe Life seller in Q3 2014 was Perkins Investment Management, an estimated $42.7M sold.
Based on aggregated 13F filings for Q3 2014.