International Flavors & Fragrances Inc. 6.00% Tangible Equity Units
IFFT
IFFT was delisted on the 14th of September, 2021.
45 hedge funds and large institutions have $626M invested in International Flavors & Fragrances Inc. 6.00% Tangible Equity Units in 2020 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 15 reducing their positions, and 10 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less capital invested
Capital invested by funds: $689M → $626M (-$63M)
12% less funds holding
Funds holding: 51 → 45 (-6)
20% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 15
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$18.4M |
| 2 |
Barclays
London,
United Kingdom
|
+$15.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.9M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$10.4M |
| 5 |
BlackRock
New York
|
+$7.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$33.3M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$15.5M |
| 3 |
JP Morgan Chase
New York
|
-$7.45M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$4.52M |
| 5 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$4.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Mirae Asset Global Investments
Seoul,
South Korea
| – | -$3.01M | -67,871 | Closed |
|
|
PCM
52
Palisade Capital Management
Fort Lee,
New Jersey
| – | -$1.66M | -37,309 | Closed |
|
53
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$1.11M | -25,000 | Closed |
|
54
Jane Street
New York
| – | -$1.03M | -23,243 | Closed |
|
|
ES
55
Equitec Specialists
Chicago,
Illinois
| – | -$897K | -20,253 | Closed |
|
|
MA
56
MUFG Americas
New York
| – | -$152K | -3,431 | Closed |
|
IFFT Hedge Fund Activity: Q4 2020 in Review
45 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in International Flavors & Fragrances Inc. 6.00% Tangible Equity Units (IFFT) for Q4 2020, worth a combined $626M — down 9.1% from $689M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of IFFT and 4 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 12 added.
The largest buyer was Wolverine Asset Management, adding an estimated $18.4M. The largest seller was Camden Asset Management, exiting entirely with an estimated $33.3M sold.
- 45 institutional investors held International Flavors & Fragrances Inc. 6.00% Tangible Equity Units (IFFT) as of Q4 2020, down from 51 in Q3 2020.
- Funds reported $626M of International Flavors & Fragrances Inc. 6.00% Tangible Equity Units stock for Q4 2020, down 9.1% quarter-over-quarter.
- 4 funds opened new International Flavors & Fragrances Inc. 6.00% Tangible Equity Units positions in Q4 2020 and 10 closed out, a net change of -6 holders.
- The largest International Flavors & Fragrances Inc. 6.00% Tangible Equity Units buyer in Q4 2020 was Wolverine Asset Management, an estimated $18.4M added.
- The largest International Flavors & Fragrances Inc. 6.00% Tangible Equity Units seller in Q4 2020 was Camden Asset Management, an estimated $33.3M sold.
Based on aggregated 13F filings for Q4 2020.