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International Flavors & Fragrances

560 hedge funds and large institutions have $12.2B invested in International Flavors & Fragrances in 2019 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 239 increasing their positions, 151 reducing their positions, and 77 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more repeat investments, than reductions

Existing positions increased: 239 | Existing positions reduced: 151

6% more capital invested

Capital invested by funds: $11.5B → $12.2B (+$698M)

5.92% more ownership

Funds ownership: 83.3%89.22% (+5.9%)

6% less first-time investments, than exits

New positions opened: 72 | Existing positions closed: 77

2% less funds holding

Funds holding: 570560 (-10)

58% less funds holding in top 10

Funds holding in top 10: 125 (-7)

82% less call options, than puts

Call options by funds: $41M | Put options by funds: $222M

Holders
560
Holders Change
-10
Holders Change %
-1.75%
% of All Funds
12.12%
Holding in Top 10
5
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-58.33%
% of All Funds
0.11%
New
72
Increased
239
Reduced
151
Closed
77
Calls
$41M
Puts
$222M
Net Calls
-$181M
Net Calls Change
-$176M
Name Holding Trade Value Shares
Change
Change in
Stake
BBHC
26
Brown Brothers Harriman & Co
New York
$68.3M +$70.3M +530,521 +2,526,290%
Norges Bank
27
Norges Bank
Norway
$68.2M +$1.05M +7,900 +2%
Goldman Sachs
28
Goldman Sachs
New York
$65M +$28.4M +214,112 +74%
California Public Employees Retirement System
29
California Public Employees Retirement System
California
$61.8M +$14M +105,341 +28%
DG
30
Delek Group
Israel
$61.5M +$25.9M +195,699 +70%
Robeco Institutional Asset Management
31
Robeco Institutional Asset Management
Netherlands
$60.5M +$19.7M +148,290 +46%
UBS AM
32
UBS AM
Illinois
$57.3M +$1.72M +12,995 +3%
Franklin Resources
33
Franklin Resources
California
$55.3M +$14.8M +111,681 +35%
Dimensional Fund Advisors
34
Dimensional Fund Advisors
Texas
$52.1M +$8.31M +62,679 +18%
PNC Financial Services Group
35
PNC Financial Services Group
Pennsylvania
$51.5M +$50.1M +377,695 +1,731%
RA
36
Rovida Advisors
Florida
$50.4M
PAMU
37
Pictet Asset Management (UK)
United Kingdom
$46.6M +$18.5M +139,662 +63%
SCM
38
Sirios Capital Management
Massachusetts
$46.2M +$47.5M +358,457 New
RP
39
Riverbridge Partners
Minnesota
$46.1M -$2.04M -15,392 -4%
UBS Group
40
UBS Group
Switzerland
$45.2M -$12.5M -94,078 -21%
Sumitomo Mitsui Trust Group
41
Sumitomo Mitsui Trust Group
Japan
$44.8M +$1.62M +12,189 +4%
Bank of America
42
Bank of America
North Carolina
$41.8M +$11.3M +85,208 +36%
Swiss National Bank
43
Swiss National Bank
Switzerland
$41.4M +$1.1M +8,300 +3%
New York State Common Retirement Fund
44
New York State Common Retirement Fund
New York
$40.5M +$1.04M +7,875 +3%
BNP Paribas Asset Management
45
BNP Paribas Asset Management
France
$38.2M -$2.11M -15,948 -5%
Janus Henderson Group
46
Janus Henderson Group
United Kingdom
$36M +$31.5M +237,415 +567%
BHC
47
Bowen Hanes & Co
Florida
$35.7M +$5.51M +41,569 +18%
First Trust Advisors
48
First Trust Advisors
Illinois
$34.8M +$34.3M +258,833 +2,214%
CNAM
49
Campbell Newman Asset Management
Wisconsin
$32.2M
HIIFS
50
Harel Insurance Investments & Financial Services
Israel
$31M +$13.3M +100,180 +72%

IFF Hedge Fund Activity: Q1 2019 in Review

560 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in International Flavors & Fragrances (IFF) for Q1 2019, worth a combined $12.2B — up 6% from $11.5B a quarter earlier.

Sellers outnumbered buyers: 77 funds closed out of IFF and 72 opened new positions — a net loss of 5 holders — while 151 trimmed existing stakes and 239 added.

The largest buyer was AllianceBernstein, adding an estimated $108M. The largest seller was Fidelity Investments, cutting an estimated $72.3M.

  • 560 institutional investors held International Flavors & Fragrances (IFF) as of Q1 2019, down from 570 in Q4 2018.
  • Funds reported $12.2B of International Flavors & Fragrances stock for Q1 2019, up 6% quarter-over-quarter.
  • 72 funds opened new International Flavors & Fragrances positions in Q1 2019 and 77 closed out, a net change of -5 holders.
  • The largest International Flavors & Fragrances buyer in Q1 2019 was AllianceBernstein, an estimated $108M added.
  • The largest International Flavors & Fragrances seller in Q1 2019 was Fidelity Investments, an estimated $72.3M sold.

Based on aggregated 13F filings for Q1 2019.