IDEX
312 hedge funds and large institutions have $5.8B invested in IDEX in 2014 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 113 increasing their positions, 120 reducing their positions, and 18 closing their positions.
83% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 18
4% more funds holding
Funds holding: 300 → 312 (+12)
3% less capital invested
Capital invested by funds: $6B → $5.8B (-$203M)
6% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 120
1.83% less ownership
Funds ownership: 99.83% → 98% (-1.8%)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
43% less call options, than puts
Call options by funds: $22.6M | Put options by funds: $39.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
+$63.9M |
| 2 |
GAM
Gotham Asset Management
New York
|
+$18.5M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$15.2M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$15M |
| 5 |
D.E. Shaw & Co
New York
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$64.1M |
| 2 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$37.9M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$31.4M |
| 4 |
Goldman Sachs
New York
|
-$26.6M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$24.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
326
Bessemer Group
Woodbridge,
New Jersey
| – | -$26K | -348 | Closed |
|
|
ST
327
Spot Trading
Chicago,
Illinois
| – | -$22K | -300 | Closed |
|
|
TFO
328
Tarbox Family Office
Newport Beach,
California
| – | -$146 | -2 | -13% |
|
IEX Hedge Fund Activity: Q1 2014 in Review
312 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in IDEX (IEX) for Q1 2014, worth a combined $5.8B — down 3.4% from $6B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new IEX positions and 18 closed out — a net gain of 15 holders — while 113 added to existing stakes and 120 trimmed.
The largest buyer was Primecap Management, adding an estimated $63.9M. The largest seller was Jennison Associates, cutting an estimated $64.1M.
- 312 institutional investors held IDEX (IEX) as of Q1 2014, up from 300 in Q4 2013.
- Funds reported $5.8B of IDEX stock for Q1 2014, down 3.4% quarter-over-quarter.
- 33 funds opened new IDEX positions in Q1 2014 and 18 closed out, a net change of +15 holders.
- The largest IDEX buyer in Q1 2014 was Primecap Management, an estimated $63.9M added.
- The largest IDEX seller in Q1 2014 was Jennison Associates, an estimated $64.1M sold.
Based on aggregated 13F filings for Q1 2014.