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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
D.E. Shaw & Co
101
D.E. Shaw & Co
New York
$5.62M -$7.23M -89,279 -57%
RCM
102
Riverhead Capital Management
Delaware
$5.56M
WIC
103
Willis Investment Counsel
Georgia
$5.42M
Caisse de Depot et Placement du Quebec (CDPQ)
104
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$5.38M -$753K -9,300 -12%
TA
105
Teachers Advisors
New York
$5M +$66.5K +822 +1%
Barclays
106
Barclays
United Kingdom
$4.98M +$992K +12,250 +25%
State of Wisconsin Investment Board
107
State of Wisconsin Investment Board
Wisconsin
$4.93M -$376K -4,640 -7%
DP
108
Dearborn Partners
Illinois
$4.91M +$483K +5,972 +11%
Chevy Chase Trust
109
Chevy Chase Trust
Maryland
$4.7M +$126K +1,551 +3%
U
110
UBS
Switzerland
$4.46M +$852K +10,523 +24%
MLICM
111
Metropolitan Life Insurance Company (MetLife)
New York
$4.46M -$23K -284 -0.5%
SRC
112
Stone Run Capital
New York
$4.4M +$931K +11,500 +27%
MAA
113
Managed Account Advisors
New Jersey
$4.36M +$793K +9,790 +23%
VRS
114
Virginia Retirement Systems
Virginia
$4.24M +$3.08M +38,026 +282%
TG
115
TCW Group
California
$4.2M -$2.31M -28,482 -36%
GP
116
GLG Partners
United Kingdom
$4.2M +$4.13M +50,995 New
Korea Investment Corp
117
Korea Investment Corp
South Korea
$4.06M
LG
118
Laidlaw Group
New York
$4.01M -$377K -4,662 -9%
Retirement Systems of Alabama
119
Retirement Systems of Alabama
Alabama
$4M +$32.5K +402 +0.8%
PAMU
120
Pictet Asset Management (UK)
United Kingdom
$3.78M -$48.6K -600 -1%
PI
121
Putnam Investments
Massachusetts
$3.77M -$153K -1,891 -4%
BNP Paribas Financial Markets
122
BNP Paribas Financial Markets
France
$3.71M +$3.65M +45,024 New
NCCM
123
Nine Chapters Capital Management
New Jersey
$3.63M +$2.94M +36,300 +465%
DPIM
124
Duff & Phelps Investment Management
Illinois
$3.56M -$335K -4,140 -9%
SCM
125
Stevens Capital Management
Pennsylvania
$3.5M -$160K -1,972 -4%

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.