International Flavors & Fragrances Inc. 6.00% Tangible Equity Units
IFFT
IFFT was delisted on the 14th of September, 2021.
54 hedge funds and large institutions have $674M invested in International Flavors & Fragrances Inc. 6.00% Tangible Equity Units in 2021 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 19 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
8% more funds holding
Funds holding: 50 → 54 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less capital invested
Capital invested by funds: $732M → $674M (-$58.9M)
37% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
+$11.8M |
| 2 |
State Street
Boston,
Massachusetts
|
+$5.36M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$5.01M |
| 4 |
Morgan Stanley
New York
|
+$4.81M |
| 5 |
Two Sigma Investments
New York
|
+$4.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$12.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.9M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$4.39M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$4.08M |
| 5 |
JP Morgan Chase
New York
|
-$3.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
US Bancorp
Minneapolis,
Minnesota
| $31K | – | – | – |
|
|
WBC
52
West Branch Capital
Amherst,
Massachusetts
| $17K | +$17.1K | +341 | New |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| $10K | +$8.61K | +172 | +614% |
|
|
EI
54
Ellevest Inc
New York
| $1K | – | – | – |
|
|
TFA
55
Toth Financial Advisory
Leesburg,
Virginia
| $1K | – | – | – |
|
|
56
Fidelity Investments
Boston,
Massachusetts
| – | -$10.9M | -221,770 | Closed |
|
|
MA
57
MUFG Americas
New York
| – | -$2.84M | -58,045 | Closed |
|
|
ES
58
Equitec Specialists
Chicago,
Illinois
| – | -$1.33M | -27,203 | Closed |
|
|
DADC
59
D.A. Davidson & Co
Great Falls,
Montana
| – | -$625K | -12,750 | Closed |
|
|
MF
60
Manchester Financial
Westlake Village,
California
| – | -$35K | -704 | Closed |
|
IFFT Hedge Fund Activity: Q2 2021 in Review
54 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in International Flavors & Fragrances Inc. 6.00% Tangible Equity Units (IFFT) for Q2 2021, worth a combined $674M — down 8% from $732M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new IFFT positions and 5 closed out — a net gain of 4 holders — while 12 added to existing stakes and 19 trimmed.
The largest buyer was Verition Fund Management, opening a new position worth an estimated $11.8M. The largest seller was Camden Asset Management, cutting an estimated $12.7M.
- 54 institutional investors held International Flavors & Fragrances Inc. 6.00% Tangible Equity Units (IFFT) as of Q2 2021, up from 50 in Q1 2021.
- Funds reported $674M of International Flavors & Fragrances Inc. 6.00% Tangible Equity Units stock for Q2 2021, down 8% quarter-over-quarter.
- 9 funds opened new International Flavors & Fragrances Inc. 6.00% Tangible Equity Units positions in Q2 2021 and 5 closed out, a net change of +4 holders.
- The largest International Flavors & Fragrances Inc. 6.00% Tangible Equity Units buyer in Q2 2021 was Verition Fund Management, an estimated $11.8M added.
- The largest International Flavors & Fragrances Inc. 6.00% Tangible Equity Units seller in Q2 2021 was Camden Asset Management, an estimated $12.7M sold.
Based on aggregated 13F filings for Q2 2021.