Grifois
GRFS
101 hedge funds and large institutions have $2.75B invested in Grifois in 2013 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 35 increasing their positions, 32 reducing their positions, and 11 closing their positions.
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
7% more capital invested
Capital invested by funds: $2.58B → $2.75B (+$169M)
1% more funds holding
Funds holding: 100 → 101 (+1)
9% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 32
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GLG Inc
New York
|
+$63.5M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$61.1M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$28M |
| 4 |
Millennium Management
New York
|
+$21.2M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$14.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GP
GLG Partners
London,
United Kingdom
|
-$68.5M |
| 2 |
Goldman Sachs
New York
|
-$50.7M |
| 3 |
VAM
Visium Asset Management
New York
|
-$20.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.3M |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$10.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GP
101
GLG Partners
London,
United Kingdom
| – | -$68.5M | -4,807,744 | Closed |
|
102
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$9.46M | -664,342 | Closed |
|
|
TLCM
103
Tiger Legatus Capital Management
New York
| – | -$7.83M | -550,000 | Closed |
|
|
BPGAM
104
BTG Pactual Global Asset Management
Hamilton,
Bermuda
| – | -$4M | -281,000 | Closed |
|
|
GC
105
Guggenheim Capital
Chicago,
Illinois
| – | -$3.87M | -271,840 | Closed |
|
106
Balyasny Asset Management
Chicago,
Illinois
| – | -$3.65M | -256,080 | Closed |
|
|
ARTA
107
A.R.T. Advisors
New York
| – | -$2.37M | -166,368 | Closed |
|
|
EMG
108
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$812K | -57,000 | Closed |
|
|
FNYS
109
First New York Securities
New York
| – | -$144K | -10,130 | Closed |
|
|
MA
110
MUFG Americas
New York
| – | -$45K | -3,150 | Closed |
|
|
FHB
111
First Hawaiian Bank
Honolulu,
Hawaii
| – | -$4K | -274 | Closed |
|
GRFS Hedge Fund Activity: Q3 2013 in Review
101 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Grifois (GRFS) for Q3 2013, worth a combined $2.75B — up 6.5% from $2.58B a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new GRFS positions and 11 closed out — a net gain of 3 holders — while 35 added to existing stakes and 32 trimmed.
The largest buyer was GLG Inc, adding an estimated $63.5M. The largest seller was GLG Partners, exiting entirely with an estimated $68.5M sold.
- 101 institutional investors held Grifois (GRFS) as of Q3 2013, up from 100 in Q2 2013.
- Funds reported $2.75B of Grifois stock for Q3 2013, up 6.5% quarter-over-quarter.
- 14 funds opened new Grifois positions in Q3 2013 and 11 closed out, a net change of +3 holders.
- The largest Grifois buyer in Q3 2013 was GLG Inc, an estimated $63.5M added.
- The largest Grifois seller in Q3 2013 was GLG Partners, an estimated $68.5M sold.
Based on aggregated 13F filings for Q3 2013.