Hartford Financial Services
604 hedge funds and large institutions have $15.8B invested in Hartford Financial Services in 2016 Q4 according to their latest regulatory filings, with 83 funds opening new positions, 177 increasing their positions, 238 reducing their positions, and 53 closing their positions.
57% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 53
10% more capital invested
Capital invested by funds: $14.3B → $15.8B (+$1.49B)
4% more funds holding
Funds holding: 581 → 604 (+23)
0.31% less ownership
Funds ownership: 88.29% → 87.97% (-0.31%)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
26% less repeat investments, than reductions
Existing positions increased: 177 | Existing positions reduced: 238
71% less call options, than puts
Call options by funds: $99.9M | Put options by funds: $344M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$98.5M |
| 2 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$59.4M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$58M |
| 4 |
JCI
Jet Capital Investors
New York
|
+$57.3M |
| 5 |
State Street
Boston,
Massachusetts
|
+$47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$96.7M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$87.3M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
-$82.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$54.9M |
| 5 |
Goldman Sachs
New York
|
-$54.3M |
HIG Hedge Fund Activity: Q4 2016 in Review
604 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Hartford Financial Services (HIG) for Q4 2016, worth a combined $15.8B — up 10% from $14.3B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new HIG positions and 53 closed out — a net gain of 30 holders — while 177 added to existing stakes and 238 trimmed.
The largest buyer was Franklin Resources, adding an estimated $98.5M. The largest seller was Virtus Fund Advisers, cutting an estimated $96.7M.
- 604 institutional investors held Hartford Financial Services (HIG) as of Q4 2016, up from 581 in Q3 2016.
- Funds reported $15.8B of Hartford Financial Services stock for Q4 2016, up 10% quarter-over-quarter.
- 83 funds opened new Hartford Financial Services positions in Q4 2016 and 53 closed out, a net change of +30 holders.
- The largest Hartford Financial Services buyer in Q4 2016 was Franklin Resources, an estimated $98.5M added.
- The largest Hartford Financial Services seller in Q4 2016 was Virtus Fund Advisers, an estimated $96.7M sold.
Based on aggregated 13F filings for Q4 2016.