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IFFT

International Flavors & Fragrances Inc. 6.00% Tangible Equity Units

Delisted

IFFT was delisted on the 14th of September, 2021.

43 hedge funds and large institutions have $827M invested in International Flavors & Fragrances Inc. 6.00% Tangible Equity Units in 2018 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 8 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 8

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

29% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 7

5% more funds holding

Funds holding: 4143 (+2)

12% less capital invested

Capital invested by funds: $941M → $827M (-$113M)

Holders
43
Holders Change
+2
Holders Change %
+4.88%
% of All Funds
0.96%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
9
Increased
20
Reduced
8
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WI
1
Winder Investment
Singapore
$150M
Allianz Asset Management
2
Allianz Asset Management
Germany
$136M -$5.94M -108,300 -4%
American Century Companies
3
American Century Companies
Missouri
$112M +$19.4M +354,130 +19%
Franklin Resources
4
Franklin Resources
California
$81.2M +$5.34M +97,500 +6%
CAM
5
Camden Asset Management
California
$43.3M +$22.5M +410,450 +92%
Calamos Advisors
6
Calamos Advisors
Illinois
$36.1M +$88K +1,606 +0.2%
BCM
7
BlueCrest Capital Management
Jersey
$26.4M +$28.6M +521,186 New
Lord, Abbett & Co
8
Lord, Abbett & Co
New Jersey
$25.5M +$18.4M +335,126 +200%
ACM
9
Advent Capital Management
New York
$24.2M -$5.28M -96,250 -17%
State Street
10
State Street
Massachusetts
$20.8M -$5.07M -92,500 -19%
T. Rowe Price Associates
11
T. Rowe Price Associates
Maryland
$20.6M +$237K +4,329 +1%
Invesco
12
Invesco
Georgia
$16.9M +$1.8M +32,800 +11%
CS
13
Credit Suisse
Switzerland
$13.1M +$14.2M +259,134 New
Fidelity Investments
14
Fidelity Investments
Massachusetts
$11.5M +$1.46M +26,600 +13%
Capital World Investors
15
Capital World Investors
California
$10.1M
Manulife (Manufacturers Life Insurance)
16
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$9.73M -$105M -1,915,293 -91%
OCM
17
Oaktree Capital Management
California
$9.61M -$3.32M -60,500 -24%
PI
18
Putnam Investments
Massachusetts
$8.63M +$1.85M +33,694 +25%
VanEck Associates
19
VanEck Associates
New York
$8.61M -$660K -12,038 -7%
Ameriprise
20
Ameriprise
Minnesota
$7.59M
Jane Street
21
Jane Street
New York
$7.5M +$1.53M +27,850 +23%
Morgan Stanley
22
Morgan Stanley
New York
$6.03M +$4.5M +82,020 +223%
SIM
23
SSI Investment Management
California
$5.52M +$262K +4,780 +5%
Neuberger Berman Group
24
Neuberger Berman Group
New York
$5.33M +$3.99M +72,783 +225%
GF
25
Gabelli Funds
New York
$4.59M +$822K +15,000 +20%

IFFT Hedge Fund Activity: Q4 2018 in Review

43 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in International Flavors & Fragrances Inc. 6.00% Tangible Equity Units (IFFT) for Q4 2018, worth a combined $827M — down 12% from $941M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new IFFT positions and 7 closed out — a net gain of 2 holders — while 20 added to existing stakes and 8 trimmed.

The largest buyer was BlueCrest Capital Management, opening a new position worth an estimated $28.6M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $105M.

  • 43 institutional investors held International Flavors & Fragrances Inc. 6.00% Tangible Equity Units (IFFT) as of Q4 2018, up from 41 in Q3 2018.
  • Funds reported $827M of International Flavors & Fragrances Inc. 6.00% Tangible Equity Units stock for Q4 2018, down 12% quarter-over-quarter.
  • 9 funds opened new International Flavors & Fragrances Inc. 6.00% Tangible Equity Units positions in Q4 2018 and 7 closed out, a net change of +2 holders.
  • The largest International Flavors & Fragrances Inc. 6.00% Tangible Equity Units buyer in Q4 2018 was BlueCrest Capital Management, an estimated $28.6M added.
  • The largest International Flavors & Fragrances Inc. 6.00% Tangible Equity Units seller in Q4 2018 was Manulife (Manufacturers Life Insurance), an estimated $105M sold.

Based on aggregated 13F filings for Q4 2018.