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International Flavors & Fragrances

546 hedge funds and large institutions have $10.5B invested in International Flavors & Fragrances in 2020 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 198 increasing their positions, 185 reducing their positions, and 85 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.01% more ownership

Funds ownership: 94.33%96.34% (+2%)

7% more repeat investments, than reductions

Existing positions increased: 198 | Existing positions reduced: 185

5% less call options, than puts

Call options by funds: $22.2M | Put options by funds: $23.4M

4% less funds holding

Funds holding: 568546 (-22)

19% less capital invested

Capital invested by funds: $13B → $10.5B (-$2.47B)

20% less first-time investments, than exits

New positions opened: 68 | Existing positions closed: 85

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

Holders
546
Holders Change
-22
Holders Change %
-3.87%
% of All Funds
12.03%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.11%
New
68
Increased
198
Reduced
185
Closed
85
Calls
$22.2M
Puts
$23.4M
Net Calls
-$1.16M
Net Calls Change
+$47M
Name Holding Trade Value Shares
Change
Change in
Stake
WI
1
Winder Investment
Singapore
$2.46B +$436M +3,504,867 +17%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.27B -$58.7M -471,212 -4%
BlackRock
3
BlackRock
New York
$903M +$199M +1,595,504 +22%
AllianceBernstein
4
AllianceBernstein
Tennessee
$603M +$30.9M +248,332 +4%
State Street
5
State Street
Massachusetts
$448M -$13.3M -106,944 -2%
Capital International Investors
6
Capital International Investors
California
$388M -$1.07M -8,587 -0.2%
State Farm Mutual Automobile Insurance
7
State Farm Mutual Automobile Insurance
Illinois
$297M
EIG
8
EdgePoint Investment Group
Ontario, Canada
$216M +$263M +2,115,880 New
AAMU
9
Amundi Asset Management US
Massachusetts
$194M +$9.6M +77,099 +4%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$171M +$4.97M +39,906 +2%
Nordea Investment Management
11
Nordea Investment Management
Sweden
$153M +$6.44M +51,678 +4%
N
12
Nuveen
North Carolina
$140M +$4.11M +33,009 +2%
Allianz Asset Management
13
Allianz Asset Management
Germany
$136M +$2.19M +17,594 +1%
Northern Trust
14
Northern Trust
Illinois
$127M +$1.03M +8,299 +0.7%
Swedbank
15
Swedbank
Sweden
$124M -$7.75M -62,225 -5%
Goldman Sachs
16
Goldman Sachs
New York
$121M +$80.5M +646,487 +121%
State of Wisconsin Investment Board
17
State of Wisconsin Investment Board
Wisconsin
$95.4M +$9.87M +79,243 +9%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$93.3M +$5.45M +43,791 +5%
Bank of America
19
Bank of America
North Carolina
$83.8M +$12.6M +100,813 +14%
Legal & General Group
20
Legal & General Group
United Kingdom
$79.7M +$7.27M +58,387 +8%
Charles Schwab
21
Charles Schwab
California
$71.7M +$1.92M +15,415 +2%
MMH
22
Menora Mivtachim Holdings
Israel
$69.9M -$25.5M -205,000 -23%
BCIM
23
British Columbia Investment Management
British Columbia, Canada
$66.6M +$19.3M +155,235 +31%
UBS AM
24
UBS AM
Illinois
$58M +$7.29M +58,542 +11%
GI
25
GAMCO Investors
Connecticut
$48.5M -$5.62M -45,156 -9%

IFF Hedge Fund Activity: Q1 2020 in Review

546 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in International Flavors & Fragrances (IFF) for Q1 2020, worth a combined $10.5B — down 19% from $13B a quarter earlier.

Sellers outnumbered buyers: 85 funds closed out of IFF and 68 opened new positions — a net loss of 17 holders — while 185 trimmed existing stakes and 198 added.

The largest buyer was Winder Investment, adding an estimated $436M. The largest seller was Fidelity Investments, cutting an estimated $306M.

  • 546 institutional investors held International Flavors & Fragrances (IFF) as of Q1 2020, down from 568 in Q4 2019.
  • Funds reported $10.5B of International Flavors & Fragrances stock for Q1 2020, down 19% quarter-over-quarter.
  • 68 funds opened new International Flavors & Fragrances positions in Q1 2020 and 85 closed out, a net change of -17 holders.
  • The largest International Flavors & Fragrances buyer in Q1 2020 was Winder Investment, an estimated $436M added.
  • The largest International Flavors & Fragrances seller in Q1 2020 was Fidelity Investments, an estimated $306M sold.

Based on aggregated 13F filings for Q1 2020.