International Flavors & Fragrances Inc. 6.00% Tangible Equity Units
IFFT
IFFT was delisted on the 14th of September, 2021.
50 hedge funds and large institutions have $732M invested in International Flavors & Fragrances Inc. 6.00% Tangible Equity Units in 2021 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 9 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
56% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 9
17% more capital invested
Capital invested by funds: $626M → $732M (+$106M)
11% more funds holding
Funds holding: 45 → 50 (+5)
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$57.1M |
| 2 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$35.3M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$20.5M |
| 4 |
Barclays
London,
United Kingdom
|
+$10.1M |
| 5 |
LP
LMR Partners
London,
United Kingdom
|
+$9.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
-$48.1M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$32.8M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$12.5M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$11.6M |
| 5 |
JP Morgan Chase
New York
|
-$11.1M |
IFFT Hedge Fund Activity: Q1 2021 in Review
50 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in International Flavors & Fragrances Inc. 6.00% Tangible Equity Units (IFFT) for Q1 2021, worth a combined $732M — up 17% from $626M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new IFFT positions and 9 closed out — a net gain of 5 holders — while 11 added to existing stakes and 16 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $57.1M. The largest seller was Parallax Volatility Advisers, exiting entirely with an estimated $48.1M sold.
- 50 institutional investors held International Flavors & Fragrances Inc. 6.00% Tangible Equity Units (IFFT) as of Q1 2021, up from 45 in Q4 2020.
- Funds reported $732M of International Flavors & Fragrances Inc. 6.00% Tangible Equity Units stock for Q1 2021, up 17% quarter-over-quarter.
- 14 funds opened new International Flavors & Fragrances Inc. 6.00% Tangible Equity Units positions in Q1 2021 and 9 closed out, a net change of +5 holders.
- The largest International Flavors & Fragrances Inc. 6.00% Tangible Equity Units buyer in Q1 2021 was D.E. Shaw & Co, an estimated $57.1M added.
- The largest International Flavors & Fragrances Inc. 6.00% Tangible Equity Units seller in Q1 2021 was Parallax Volatility Advisers, an estimated $48.1M sold.
Based on aggregated 13F filings for Q1 2021.