Intercorp Financial Services
29 hedge funds and large institutions have $236M invested in Intercorp Financial Services in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 4 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
0.16% less ownership
Funds ownership: 7.49% → 7.33% (-0.16%)
3% less funds holding
Funds holding: 30 → 29 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
34% less capital invested
Capital invested by funds: $357M → $236M (-$121M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$4.92M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$3.05M |
| 3 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$2.8M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$2.63M |
| 5 |
Goldman Sachs
New York
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Newfoundland Capital Management
Sao Paulo,
Brazil
|
-$13.1M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$6.74M |
| 3 |
CG
Carmignac Gestion
Paris,
France
|
-$5.67M |
| 4 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
-$808K |
| 5 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$764K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $229K | +$312K | +8,244 | New |
|
27
Citigroup
New York
| $68K | – | – | – |
|
28
Bank of America
Charlotte,
North Carolina
| $14K | -$18.9K | -500 | -50% |
|
29
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $14K | +$1.74K | +46 | +10% |
|
30
Allianz Asset Management
Munich,
Germany
| – | -$439K | -10,620 | Closed |
|
|
NGA
31
Naples Global Advisors
Naples,
Florida
| – | -$251K | -6,070 | Closed |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$62K | -1,500 | Closed |
|
33
UBS Group
Zurich,
Switzerland
| – | -$46K | -1,122 | Closed |
|
IFS Hedge Fund Activity: Q1 2020 in Review
29 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Intercorp Financial Services (IFS) for Q1 2020, worth a combined $236M — down 34% from $357M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of IFS and 3 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 10 added.
The largest buyer was Brown Advisory, opening a new position worth an estimated $4.92M. The largest seller was Newfoundland Capital Management, cutting an estimated $13.1M.
- 29 institutional investors held Intercorp Financial Services (IFS) as of Q1 2020, down from 30 in Q4 2019.
- Funds reported $236M of Intercorp Financial Services stock for Q1 2020, down 34% quarter-over-quarter.
- 3 funds opened new Intercorp Financial Services positions in Q1 2020 and 4 closed out, a net change of -1 holder.
- The largest Intercorp Financial Services buyer in Q1 2020 was Brown Advisory, an estimated $4.92M added.
- The largest Intercorp Financial Services seller in Q1 2020 was Newfoundland Capital Management, an estimated $13.1M sold.
Based on aggregated 13F filings for Q1 2020.