Hartford Financial Services
555 hedge funds and large institutions have $14.3B invested in Hartford Financial Services in 2014 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 201 increasing their positions, 213 reducing their positions, and 51 closing their positions.
66% more call options, than puts
Call options by funds: $178M | Put options by funds: $107M
2% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 51
5% less capital invested
Capital invested by funds: $15B → $14.3B (-$704M)
6% less repeat investments, than reductions
Existing positions increased: 201 | Existing positions reduced: 213
1.82% less ownership
Funds ownership: 92.68% → 90.86% (-1.8%)
2% less funds holding
Funds holding: 566 → 555 (-11)
6% less funds holding in top 10
Funds holding in top 10: 17 → 16 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$47.6M |
| 2 |
Bank of New York Mellon
New York
|
+$44.9M |
| 3 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
+$43.4M |
| 4 |
Cohen & Steers
New York
|
+$32.4M |
| 5 |
Lazard Asset Management
New York
|
+$32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$194M |
| 2 |
AM
Appaloosa Management
Miami Beach,
Florida
|
-$93.4M |
| 3 |
SI
Scout Investments
Kansas City,
Missouri
|
-$70.1M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$68.3M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$40.5M |
HIG Hedge Fund Activity: Q1 2014 in Review
555 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Hartford Financial Services (HIG) for Q1 2014, worth a combined $14.3B — down 4.7% from $15B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of HIG and 50 opened new positions — a net loss of 1 holder — while 213 trimmed existing stakes and 201 added.
The largest buyer was Cramer Rosenthal McGlynn, adding an estimated $47.6M. The largest seller was JP Morgan Chase, cutting an estimated $194M.
- 555 institutional investors held Hartford Financial Services (HIG) as of Q1 2014, down from 566 in Q4 2013.
- Funds reported $14.3B of Hartford Financial Services stock for Q1 2014, down 4.7% quarter-over-quarter.
- 50 funds opened new Hartford Financial Services positions in Q1 2014 and 51 closed out, a net change of -1 holder.
- The largest Hartford Financial Services buyer in Q1 2014 was Cramer Rosenthal McGlynn, an estimated $47.6M added.
- The largest Hartford Financial Services seller in Q1 2014 was JP Morgan Chase, an estimated $194M sold.
Based on aggregated 13F filings for Q1 2014.