International Flavors & Fragrances Inc. 6.00% Tangible Equity Units
IFFT
IFFT was delisted on the 14th of September, 2021.
47 hedge funds and large institutions have $678M invested in International Flavors & Fragrances Inc. 6.00% Tangible Equity Units in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 9 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
8% more capital invested
Capital invested by funds: $626M → $678M (+$51.2M)
4% less funds holding
Funds holding: 49 → 47 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$13.8M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
+$11.4M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$5.18M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$4.6M |
| 5 |
HCM
Highbridge Capital Management
New York
|
+$4.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$17.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.78M |
| 3 |
BlackRock
New York
|
-$4.09M |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
-$3.49M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GF
51
Gabelli Funds
Rye,
New York
| – | -$3.49M | -89,968 | Closed |
|
52
Barclays
London,
United Kingdom
| – | -$954K | -25,000 | Closed |
|
|
BF
53
BOK Financial
Tulsa,
Oklahoma
| – | -$769K | -20,154 | Closed |
|
|
PI
54
PEAK6 Investments
Chicago,
Illinois
| – | -$573K | -15,000 | Closed |
|
|
TA
55
Teton Advisors
Rye,
New York
| – | -$467K | -12,032 | Closed |
|
56
UBS Group
Zurich,
Switzerland
| – | -$20K | -525 | Closed |
|
|
SPIA
57
Steward Partners Investment Advisory
New York
| – | -$16K | -420 | Closed |
|
|
TFS
58
TrustCore Financial Services
Brentwood,
Tennessee
| – | -$12K | -325 | Closed |
|
IFFT Hedge Fund Activity: Q2 2020 in Review
47 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in International Flavors & Fragrances Inc. 6.00% Tangible Equity Units (IFFT) for Q2 2020, worth a combined $678M — up 8.2% from $626M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of IFFT and 7 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 19 added.
The largest buyer was Franklin Resources, adding an estimated $13.8M. The largest seller was Camden Asset Management, cutting an estimated $17.1M.
- 47 institutional investors held International Flavors & Fragrances Inc. 6.00% Tangible Equity Units (IFFT) as of Q2 2020, down from 49 in Q1 2020.
- Funds reported $678M of International Flavors & Fragrances Inc. 6.00% Tangible Equity Units stock for Q2 2020, up 8.2% quarter-over-quarter.
- 7 funds opened new International Flavors & Fragrances Inc. 6.00% Tangible Equity Units positions in Q2 2020 and 9 closed out, a net change of -2 holders.
- The largest International Flavors & Fragrances Inc. 6.00% Tangible Equity Units buyer in Q2 2020 was Franklin Resources, an estimated $13.8M added.
- The largest International Flavors & Fragrances Inc. 6.00% Tangible Equity Units seller in Q2 2020 was Camden Asset Management, an estimated $17.1M sold.
Based on aggregated 13F filings for Q2 2020.