Intercorp Financial Services
30 hedge funds and large institutions have $357M invested in Intercorp Financial Services in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 8 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
44% more capital invested
Capital invested by funds: $248M → $357M (+$109M)
2.28% more ownership
Funds ownership: 5.21% → 7.49% (+2.3%)
6% less funds holding
Funds holding: 32 → 30 (-2)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$69.5M |
| 2 |
NM
NWI Management
New York
|
+$41.1M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$6.63M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.15M |
| 5 |
NCM
Newfoundland Capital Management
Sao Paulo,
Brazil
|
+$867K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$5.07M |
| 2 |
PSCM
Prince Street Capital Management
New York
|
-$2.58M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$1.96M |
| 4 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$1.52M |
| 5 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
-$1.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $101K | +$97.9K | +2,437 | New |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $62K | -$22.8K | -568 | -27% |
|
28
UBS Group
Zurich,
Switzerland
| $46K | +$6.47K | +161 | +17% |
|
29
Bank of America
Charlotte,
North Carolina
| $41K | -$4.02K | -100 | -9% |
|
30
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $18K | +$5.55K | +138 | +43% |
|
|
PSCM
31
Prince Street Capital Management
New York
| – | -$2.58M | -62,700 | Closed |
|
|
DCM
32
Discovery Capital Management
South Norwalk,
Connecticut
| – | -$1.52M | -36,940 | Closed |
|
|
DIM
33
DC Investments Management
Mclean,
Virginia
| – | -$536K | -13,012 | Closed |
|
|
PHK
34
Point72 Hong Kong
Hong Kong
| – | -$410K | -9,935 | Closed |
|
|
CSS
35
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$30K | -734 | Closed |
|
36
Morgan Stanley
New York
| – | -$9K | -220 | Closed |
|
|
CCA
37
Catalyst Capital Advisors
Huntington,
New York
| – | -$5K | -130 | Closed |
|
|
TRCT
38
Tower Research Capital (TRC)
New York
| – | -$2K | -46 | Closed |
|
IFS Hedge Fund Activity: Q4 2019 in Review
30 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Intercorp Financial Services (IFS) for Q4 2019, worth a combined $357M — up 44% from $248M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of IFS and 6 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 13 added.
The largest buyer was CI Investments Inc, opening a new position worth an estimated $69.5M. The largest seller was William Blair Investment Management, cutting an estimated $5.07M.
- 30 institutional investors held Intercorp Financial Services (IFS) as of Q4 2019, down from 32 in Q3 2019.
- Funds reported $357M of Intercorp Financial Services stock for Q4 2019, up 44% quarter-over-quarter.
- 6 funds opened new Intercorp Financial Services positions in Q4 2019 and 8 closed out, a net change of -2 holders.
- The largest Intercorp Financial Services buyer in Q4 2019 was CI Investments Inc, an estimated $69.5M added.
- The largest Intercorp Financial Services seller in Q4 2019 was William Blair Investment Management, an estimated $5.07M sold.
Based on aggregated 13F filings for Q4 2019.