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International Flavors & Fragrances

345 hedge funds and large institutions have $5.3B invested in International Flavors & Fragrances in 2013 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 125 increasing their positions, 107 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 125 | Existing positions reduced: 107

9% more capital invested

Capital invested by funds: $4.87B → $5.3B (+$429M)

6% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 36

1% less funds holding

Funds holding: 347345 (-2)

0.58% less ownership

Funds ownership: 79.51%78.93% (-0.58%)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

71% less call options, than puts

Call options by funds: $7.12M | Put options by funds: $24.2M

Holders
345
Holders Change
-2
Holders Change %
-0.58%
% of All Funds
11.18%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.1%
New
38
Increased
125
Reduced
107
Closed
36
Calls
$7.12M
Puts
$24.2M
Net Calls
-$17.1M
Net Calls Change
-$14.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Millennium Management
76
Millennium Management
New York
$10.6M -$2.65M -32,766 -20%
JFL
77
Jarislowsky, Fraser Ltd
Quebec, Canada
$10.4M -$316K -3,900 -3%
N
78
Natixis
France
$10.3M +$3.64M +45,000 +56%
Luther King Capital Management (LKCM)
79
Luther King Capital Management (LKCM)
Texas
$10.2M -$86.3K -1,066 -0.9%
CS
80
Credit Suisse
Switzerland
$10M -$3.94M -48,608 -29%
Renaissance Technologies
81
Renaissance Technologies
New York
$9.9M +$9.74M +120,300 New
Kayne Anderson Rudnick Investment Management
82
Kayne Anderson Rudnick Investment Management
California
$9.78M -$100K -1,237 -1%
Principal Financial Group
83
Principal Financial Group
Iowa
$9.44M -$259K -3,196 -3%
Dimensional Fund Advisors
84
Dimensional Fund Advisors
Texas
$9.15M +$899K +11,105 +11%
WIC
85
Wilkins Investment Counsel
Massachusetts
$9.1M -$308K -3,800 -3%
WBC
86
Westpac Banking Corp
Australia
$9.08M -$461K -5,688 -5%
PPA
87
Parametric Portfolio Associates
Washington
$8.42M +$649K +8,014 +9%
MTB
88
Mizuho Trust & Banking
Japan
$8.24M
BJ
89
BlackRock Japan
Japan
$7.84M -$5.64M -69,655 -42%
BTW
90
Boston Trust Walden
Massachusetts
$7.33M +$169K +2,089 +2%
Swiss National Bank
91
Swiss National Bank
Switzerland
$7.26M +$121K +1,500 +2%
BCIM
92
British Columbia Investment Management
British Columbia, Canada
$6.67M -$1.48M -18,264 -18%
AAF
93
Andra AP-fonden
Sweden
$6.56M +$1.16M +14,300 +22%
APG Asset Management
94
APG Asset Management
Netherlands
$6.49M -$774K -9,566 -11%
Nomura Asset Management
95
Nomura Asset Management
Japan
$6.22M +$1.26M +15,617 +26%
Susquehanna International Group
96
Susquehanna International Group
Pennsylvania
$6.1M -$848K -10,469 -12%
Neuberger Berman Group
97
Neuberger Berman Group
New York
$6.04M +$80.6K +995 +1%
VOYA Investment Management
98
VOYA Investment Management
Georgia
$5.95M -$249K -3,074 -4%
Royal Bank of Canada
99
Royal Bank of Canada
Ontario, Canada
$5.75M +$196K +2,424 +4%
HSBC Holdings
100
HSBC Holdings
United Kingdom
$5.65M +$800K +9,886 +17%

IFF Hedge Fund Activity: Q3 2013 in Review

345 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in International Flavors & Fragrances (IFF) for Q3 2013, worth a combined $5.3B — up 8.8% from $4.87B a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new IFF positions and 36 closed out — a net gain of 2 holders — while 125 added to existing stakes and 107 trimmed.

The largest buyer was Marshall Wace North America, opening a new position worth an estimated $35M. The largest seller was Harris Associates, exiting entirely with an estimated $29.2M sold.

  • 345 institutional investors held International Flavors & Fragrances (IFF) as of Q3 2013, down from 347 in Q2 2013.
  • Funds reported $5.3B of International Flavors & Fragrances stock for Q3 2013, up 8.8% quarter-over-quarter.
  • 38 funds opened new International Flavors & Fragrances positions in Q3 2013 and 36 closed out, a net change of +2 holders.
  • The largest International Flavors & Fragrances buyer in Q3 2013 was Marshall Wace North America, an estimated $35M added.
  • The largest International Flavors & Fragrances seller in Q3 2013 was Harris Associates, an estimated $29.2M sold.

Based on aggregated 13F filings for Q3 2013.