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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
Massachusetts Financial Services
1
Massachusetts Financial Services
Massachusetts
$530M +$15.7M +194,243 +3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$489M +$12.6M +155,047 +3%
Capital Research Global Investors
3
Capital Research Global Investors
California
$443M
State Street
4
State Street
Massachusetts
$294M +$5.37M +66,323 +2%
State Farm Mutual Automobile Insurance
5
State Farm Mutual Automobile Insurance
Illinois
$285M
BFA
6
BlackRock Fund Advisors
California
$195M +$3.2M +39,509 +2%
BIT
7
BlackRock Institutional Trust
California
$180M -$9.84M -121,536 -5%
GVI
8
Green Valley Investors
Delaware
$140M
SP
9
Sarasin & Partners
United Kingdom
$138M -$15.9M -195,937 -10%
Goldman Sachs
10
Goldman Sachs
New York
$131M +$2.17M +26,795 +2%
Northern Trust
11
Northern Trust
Illinois
$106M -$4.06M -50,099 -4%
JP Morgan Chase
12
JP Morgan Chase
New York
$104M +$3.71M +45,779 +4%
T. Rowe Price Associates
13
T. Rowe Price Associates
Maryland
$101M -$28.8M -355,290 -22%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$87.5M +$5.16M +63,787 +6%
GI
15
GAMCO Investors
Connecticut
$75.5M -$1.7M -21,005 -2%
JHIU
16
Janus Henderson Investors US
Colorado
$72.1M +$8.08M +99,752 +13%
Invesco
17
Invesco
Georgia
$67.4M +$7.16M +88,433 +12%
UIM
18
USS Investment Management
United Kingdom
$54.6M
BG
19
BlackRock Group
United Kingdom
$49.7M +$1.12M +13,880 +2%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$46.1M +$1.44M +17,785 +3%
Ameriprise
21
Ameriprise
Minnesota
$44.3M -$280K -3,457 -0.6%
RFC
22
Russell Frank Company
Washington
$37.4M +$4.97M +61,334 +16%
DnB Asset Management
23
DnB Asset Management
Norway
$36.6M -$3.15M -38,862 -8%
Norges Bank
24
Norges Bank
Norway
$35.8M +$1.01M +12,516 +3%
MWNA
25
Marshall Wace North America
New York
$35.6M +$35M +432,522 New

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.