International Flavors & Fragrances Inc. 6.00% Tangible Equity Units
IFFT
IFFT was delisted on the 14th of September, 2021.
49 hedge funds and large institutions have $626M invested in International Flavors & Fragrances Inc. 6.00% Tangible Equity Units in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 10 closing their positions.
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
7% more funds holding
Funds holding: 46 → 49 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
17% less capital invested
Capital invested by funds: $755M → $626M (-$128M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$5.38M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.76M |
| 3 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$3.77M |
| 4 |
Morgan Stanley
New York
|
+$3.66M |
| 5 |
HCM
Highbridge Capital Management
New York
|
+$2.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$11.4M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
-$7.7M |
| 3 |
State Street
Boston,
Massachusetts
|
-$7.1M |
| 4 |
ACM
Advent Capital Management
New York
|
-$6.88M |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
-$5.59M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
BNP Paribas Financial Markets
Paris,
France
| $763 | – | – | – |
|
|
CL
52
CSS LLC
Chicago,
Illinois
| – | -$5.59M | -116,491 | Closed |
|
53
TD Asset Management
Toronto,
Ontario, Canada
| – | -$4.86M | -101,300 | Closed |
|
54
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$4.55M | -95,000 | Closed |
|
|
ES
55
Equitec Specialists
Chicago,
Illinois
| – | -$3.57M | -74,342 | Closed |
|
56
Jane Street
New York
| – | -$1.55M | -32,383 | Closed |
|
57
Nomura Holdings
Tokyo,
Japan
| – | -$1.4M | -30,343 | -53% |
|
58
Truist Financial
Charlotte,
North Carolina
| – | -$762K | -15,873 | Closed |
|
|
OFG
59
OTA Financial Group
Purchase,
New York
| – | -$631K | -13,152 | Closed |
|
|
HI
60
Horizon Investments
Charlotte,
North Carolina
| – | -$288K | -6,000 | Closed |
|
61
Wellington Management Group
Boston,
Massachusetts
| – | -$240K | -5,000 | Closed |
|
62
Citigroup
New York
| – | -$5K | -100 | Closed |
|
IFFT Hedge Fund Activity: Q1 2020 in Review
49 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in International Flavors & Fragrances Inc. 6.00% Tangible Equity Units (IFFT) for Q1 2020, worth a combined $626M — down 17% from $755M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new IFFT positions and 10 closed out — a net gain of 3 holders — while 13 added to existing stakes and 14 trimmed.
The largest buyer was Wolverine Asset Management, adding an estimated $5.38M. The largest seller was BlueCrest Capital Management, cutting an estimated $11.4M.
- 49 institutional investors held International Flavors & Fragrances Inc. 6.00% Tangible Equity Units (IFFT) as of Q1 2020, up from 46 in Q4 2019.
- Funds reported $626M of International Flavors & Fragrances Inc. 6.00% Tangible Equity Units stock for Q1 2020, down 17% quarter-over-quarter.
- 13 funds opened new International Flavors & Fragrances Inc. 6.00% Tangible Equity Units positions in Q1 2020 and 10 closed out, a net change of +3 holders.
- The largest International Flavors & Fragrances Inc. 6.00% Tangible Equity Units buyer in Q1 2020 was Wolverine Asset Management, an estimated $5.38M added.
- The largest International Flavors & Fragrances Inc. 6.00% Tangible Equity Units seller in Q1 2020 was BlueCrest Capital Management, an estimated $11.4M sold.
Based on aggregated 13F filings for Q1 2020.