Intercorp Financial Services
29 hedge funds and large institutions have $342M invested in Intercorp Financial Services in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 9 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
38% more capital invested
Capital invested by funds: $248M → $342M (+$93.6M)
1.97% more ownership
Funds ownership: 5.21% → 7.18% (+2%)
9% less funds holding
Funds holding: 32 → 29 (-3)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
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 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
-$16.5M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$5.07M |
| 3 |
PSCM
Prince Street Capital Management
New York
|
-$2.58M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$1.96M |
| 5 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$1.52M |
IFS Hedge Fund Activity: Q4 2019 in Review
29 of the 5,093 institutional investors tracked by Wall St. Rank reported a position in Intercorp Financial Services (IFS) for Q4 2019, worth a combined $342M — up 38% from $248M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of IFS and 6 opened new positions — a net loss of 3 holders — while 8 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 Provida Pension Fund Administrator, exiting entirely with an estimated $16.5M sold.
- 29 institutional investors held Intercorp Financial Services (IFS) as of Q4 2019, down from 32 in Q3 2019.
- Funds reported $342M of Intercorp Financial Services stock for Q4 2019, up 38% quarter-over-quarter.
- 6 funds opened new Intercorp Financial Services positions in Q4 2019 and 9 closed out, a net change of -3 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 Provida Pension Fund Administrator, an estimated $16.5M sold.
Based on aggregated 13F filings for Q4 2019.