Hartford Financial Services
HIG
566 hedge funds and large institutions have $15B invested in Hartford Financial Services in 2013 Q4 according to their latest regulatory filings, with 78 funds opening new positions, 183 increasing their positions, 223 reducing their positions, and 39 closing their positions.
100% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 39
42% more call options, than puts
Call options by funds: $224M | Put options by funds: $157M
14% more capital invested
Capital invested by funds: $13.1B → $15B (+$1.84B)
7% more funds holding
Funds holding: 531 → 566 (+35)
0.39% less ownership
Funds ownership: 93.07% → 92.68% (-0.39%)
11% less funds holding in top 10
Funds holding in top 10: 19 → 17 (-2)
18% less repeat investments, than reductions
Existing positions increased: 183 | Existing positions reduced: 223
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$133M |
| 2 |
Lazard Asset Management
New York
|
+$93.5M |
| 3 |
GE
General Electric
Evendale,
Ohio
|
+$84.9M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$53.6M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$52.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$158M |
| 2 |
Goldman Sachs
New York
|
-$115M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$105M |
| 4 |
AM
Appaloosa Management
Miami Beach,
Florida
|
-$50.7M |
| 5 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$46.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
601
Victory Capital Management
San Antonio,
Texas
| – | -$10K | -340 | Closed |
|
|
EWM
602
Edge Wealth Management
New York
| – | -$2K | -55 | Closed |
|
|
EWM
603
Evercore Wealth Management
New York
| – | -$2K | -51 | Closed |
|
|
GI
604
Gradient Investments
Arden Hills,
Minnesota
| – | -$2K | -50 | Closed |
|
HIG Hedge Fund Activity: Q4 2013 in Review
566 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Hartford Financial Services (HIG) for Q4 2013, worth a combined $15B — up 14% from $13.1B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new HIG positions and 39 closed out — a net gain of 39 holders — while 183 added to existing stakes and 223 trimmed.
The largest buyer was Cramer Rosenthal McGlynn, opening a new position worth an estimated $133M. The largest seller was Citadel Advisors, cutting an estimated $158M.
- 566 institutional investors held Hartford Financial Services (HIG) as of Q4 2013, up from 531 in Q3 2013.
- Funds reported $15B of Hartford Financial Services stock for Q4 2013, up 14% quarter-over-quarter.
- 78 funds opened new Hartford Financial Services positions in Q4 2013 and 39 closed out, a net change of +39 holders.
- The largest Hartford Financial Services buyer in Q4 2013 was Cramer Rosenthal McGlynn, an estimated $133M added.
- The largest Hartford Financial Services seller in Q4 2013 was Citadel Advisors, an estimated $158M sold.
Based on aggregated 13F filings for Q4 2013.