Greenlight Captial
GLRE
115 hedge funds and large institutions have $595M invested in Greenlight Captial in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 38 increasing their positions, 45 reducing their positions, and 20 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
4% less capital invested
Capital invested by funds: $618M → $595M (-$22.7M)
10% less funds holding
Funds holding: 128 → 115 (-13)
16% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 45
65% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$9.08M |
| 2 |
WC
Weatherbie Capital
Boston,
Massachusetts
|
+$6.36M |
| 3 |
SO
STRS Ohio
Columbus,
Ohio
|
+$4.04M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.07M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$15M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$8.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.94M |
| 4 |
Goldman Sachs
New York
|
-$4.47M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$2.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DC
126
Deere & Company
Moline,
Illinois
| – | -$293K | -8,941 | Closed |
|
|
PRCM
127
Pine River Capital Management
Minnetonka,
Minnesota
| – | -$256K | -7,800 | Closed |
|
|
EMG
128
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$253K | -7,700 | Closed |
|
|
LAM
129
Lingohr Asset Management
Duesseldorf,
Germany
| – | -$233K | -7,100 | Closed |
|
|
BJ
130
BlackRock Japan
Tokyo,
Japan
| – | -$108K | -3,292 | Closed |
|
|
PG
131
PEAK6 Group
Chicago,
Illinois
| – | -$89K | -2,700 | Closed |
|
|
TRCT
132
Tower Research Capital (TRC)
New York
| – | -$42K | -1,261 | Closed |
|
|
QBFM
133
QS Batterymarch Financial Management
New York
| – | -$34K | -1,035 | Closed |
|
|
TIM
134
Tortoise Investment Management
White Plains,
New York
| – | -$10K | -300 | Closed |
|
135
Group One Trading
Chicago,
Illinois
| – | -$3K | -100 | Closed |
|
GLRE Hedge Fund Activity: Q2 2014 in Review
115 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Greenlight Captial (GLRE) for Q2 2014, worth a combined $595M — down 3.7% from $618M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of GLRE and 7 opened new positions — a net loss of 13 holders — while 45 trimmed existing stakes and 38 added.
The largest buyer was Norges Bank, adding an estimated $9.08M. The largest seller was BlackRock Institutional Trust, cutting an estimated $15M.
- 115 institutional investors held Greenlight Captial (GLRE) as of Q2 2014, down from 128 in Q1 2014.
- Funds reported $595M of Greenlight Captial stock for Q2 2014, down 3.7% quarter-over-quarter.
- 7 funds opened new Greenlight Captial positions in Q2 2014 and 20 closed out, a net change of -13 holders.
- The largest Greenlight Captial buyer in Q2 2014 was Norges Bank, an estimated $9.08M added.
- The largest Greenlight Captial seller in Q2 2014 was BlackRock Institutional Trust, an estimated $15M sold.
Based on aggregated 13F filings for Q2 2014.