International Flavors & Fragrances Inc. 6.00% Tangible Equity Units
IFFT
IFFT was delisted on the 14th of September, 2021.
44 hedge funds and large institutions have $814M invested in International Flavors & Fragrances Inc. 6.00% Tangible Equity Units in 2019 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 11 reducing their positions, and 9 closing their positions.
73% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 11
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
2% more funds holding
Funds holding: 43 → 44 (+1)
2% less capital invested
Capital invested by funds: $827M → $814M (-$13M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$28.3M |
| 2 |
BlackRock
New York
|
+$20.8M |
| 3 |
JP Morgan Chase
New York
|
+$11.5M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$8.88M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$8.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$26.7M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$25.5M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$13.1M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$10.1M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$9.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$1.61M | -31,851 | Closed |
|
52
Citigroup
New York
| – | -$1.17M | -23,000 | Closed |
|
|
WAM
53
Wolverine Asset Management
Chicago,
Illinois
| – | -$139K | -2,744 | Closed |
|
54
Wells Fargo
San Francisco,
California
| – | +$205 | +4 | New |
|
IFFT Hedge Fund Activity: Q1 2019 in Review
44 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in International Flavors & Fragrances Inc. 6.00% Tangible Equity Units (IFFT) for Q1 2019, worth a combined $814M — down 1.6% from $827M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new IFFT positions and 9 closed out — a net gain of 1 holder — while 19 added to existing stakes and 11 trimmed.
The largest buyer was Camden Asset Management, adding an estimated $28.3M. The largest seller was BlueCrest Capital Management, exiting entirely with an estimated $26.7M sold.
- 44 institutional investors held International Flavors & Fragrances Inc. 6.00% Tangible Equity Units (IFFT) as of Q1 2019, up from 43 in Q4 2018.
- Funds reported $814M of International Flavors & Fragrances Inc. 6.00% Tangible Equity Units stock for Q1 2019, down 1.6% quarter-over-quarter.
- 10 funds opened new International Flavors & Fragrances Inc. 6.00% Tangible Equity Units positions in Q1 2019 and 9 closed out, a net change of +1 holder.
- The largest International Flavors & Fragrances Inc. 6.00% Tangible Equity Units buyer in Q1 2019 was Camden Asset Management, an estimated $28.3M added.
- The largest International Flavors & Fragrances Inc. 6.00% Tangible Equity Units seller in Q1 2019 was BlueCrest Capital Management, an estimated $26.7M sold.
Based on aggregated 13F filings for Q1 2019.