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International Flavors & Fragrances

570 hedge funds and large institutions have $11.5B invested in International Flavors & Fragrances in 2018 Q4 according to their latest regulatory filings, with 91 funds opening new positions, 227 increasing their positions, 144 reducing their positions, and 85 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 612 (+6)

58% more repeat investments, than reductions

Existing positions increased: 227 | Existing positions reduced: 144

7% more first-time investments, than exits

New positions opened: 91 | Existing positions closed: 85

0% more funds holding

Funds holding: 570570 (0)

1% less capital invested

Capital invested by funds: $11.7B → $11.5B (-$158M)

10% less call options, than puts

Call options by funds: $41.1M | Put options by funds: $45.4M

9.36% less ownership

Funds ownership: 92.66%83.3% (-9.4%)

Holders
570
Holders Change
Holders Change %
0%
% of All Funds
12.7%
Holding in Top 10
12
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+100%
% of All Funds
0.27%
New
91
Increased
227
Reduced
144
Closed
85
Calls
$41.1M
Puts
$45.4M
Net Calls
-$4.34M
Net Calls Change
-$10.4M
Name Holding Trade Value Shares
Change
Change in
Stake
WI
1
Winder Investment
Singapore
$2.62B +$230M +1,664,698 +9%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.65B +$276M +1,993,137 +19%
BlackRock
3
BlackRock
New York
$912M +$119M +858,430 +14%
State Street
4
State Street
Massachusetts
$554M +$45.5M +328,573 +9%
Capital Research Global Investors
5
Capital Research Global Investors
California
$486M +$85.6M +618,205 +21%
State Farm Mutual Automobile Insurance
6
State Farm Mutual Automobile Insurance
Illinois
$465M
Fidelity Investments
7
Fidelity Investments
Massachusetts
$407M +$103M +741,633 +32%
Capital International Investors
8
Capital International Investors
California
$241M +$112K +808 +0%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$175M +$18.1M +130,842 +11%
Swedbank
10
Swedbank
Sweden
$157M +$7.01M +50,674 +4%
Northern Trust
11
Northern Trust
Illinois
$155M +$25.8M +186,699 +19%
Allianz Asset Management
12
Allianz Asset Management
Germany
$124M -$1.55M -11,206 -1%
Nordea Investment Management
13
Nordea Investment Management
Sweden
$114M +$11.1M +80,381 +11%
CIP
14
Champlain Investment Partners
Vermont
$113M +$1.86M +13,440 +2%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$113M -$30.8M -222,423 -21%
Mawer Investment Management
16
Mawer Investment Management
Alberta, Canada
$100M -$2.61M -18,828 -2%
Morgan Stanley
17
Morgan Stanley
New York
$95.6M +$76.7M +554,147 +351%
TCIM
18
TIAA CREF Investment Management
New York
$91M -$28.4M -205,148 -23%
TCM
19
TimesSquare Capital Management
New York
$90.6M +$62.5M +451,600 +202%
Legal & General Group
20
Legal & General Group
United Kingdom
$80.8M +$12.2M +88,172 +17%
Charles Schwab
21
Charles Schwab
California
$77.9M +$18.5M +133,835 +30%
Invesco
22
Invesco
Georgia
$76.5M -$7.32M -52,883 -8%
GI
23
GAMCO Investors
Connecticut
$73M -$6.48M -46,830 -8%
Norges Bank
24
Norges Bank
Norway
$70M +$181K +1,307 +0.3%
UBS Group
25
UBS Group
Switzerland
$59.7M +$9.61M +69,472 +19%

IFF Hedge Fund Activity: Q4 2018 in Review

570 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in International Flavors & Fragrances (IFF) for Q4 2018, worth a combined $11.5B — down 1.3% from $11.7B a quarter earlier.

Buyers outnumbered sellers: 91 funds opened new IFF positions and 85 closed out — a net gain of 6 holders — while 227 added to existing stakes and 144 trimmed.

The largest buyer was Vanguard Group, adding an estimated $276M. The largest seller was BlueSpruce Investments, exiting entirely with an estimated $135M sold.

  • 570 institutional investors held International Flavors & Fragrances (IFF) as of Q4 2018, unchanged from Q3 2018.
  • Funds reported $11.5B of International Flavors & Fragrances stock for Q4 2018, down 1.3% quarter-over-quarter.
  • 91 funds opened new International Flavors & Fragrances positions in Q4 2018 and 85 closed out, a net change of +6 holders.
  • The largest International Flavors & Fragrances buyer in Q4 2018 was Vanguard Group, an estimated $276M added.
  • The largest International Flavors & Fragrances seller in Q4 2018 was BlueSpruce Investments, an estimated $135M sold.

Based on aggregated 13F filings for Q4 2018.