IGATE CORPORATION
IGTE
IGTE was delisted on the 1st of July, 2015.
139 hedge funds and large institutions have $1.1B invested in IGATE CORPORATION in 2014 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 53 increasing their positions, 58 reducing their positions, and 33 closing their positions.
3% more call options, than puts
Call options by funds: $1.94M | Put options by funds: $1.89M
9% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 58
13% less funds holding
Funds holding: 160 → 139 (-21)
19% less capital invested
Capital invested by funds: $1.35B → $1.1B (-$251M)
61% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 33
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$55.6M |
| 2 |
SI
Scout Investments
Kansas City,
Missouri
|
+$42.7M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$25.2M |
| 4 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$9.84M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$8.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$40.5M |
| 2 |
O
OppenheimerFunds
New York
|
-$18.1M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$9.54M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$8.47M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$6.48M |
IGTE Hedge Fund Activity: Q1 2014 in Review
139 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in IGATE CORPORATION (IGTE) for Q1 2014, worth a combined $1.1B — down 19% from $1.35B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of IGTE and 13 opened new positions — a net loss of 20 holders — while 58 trimmed existing stakes and 53 added.
The largest buyer was Waddell & Reed Financial, adding an estimated $55.6M. The largest seller was Fidelity Investments, cutting an estimated $40.5M.
- 139 institutional investors held IGATE CORPORATION (IGTE) as of Q1 2014, down from 160 in Q4 2013.
- Funds reported $1.1B of IGATE CORPORATION stock for Q1 2014, down 19% quarter-over-quarter.
- 13 funds opened new IGATE CORPORATION positions in Q1 2014 and 33 closed out, a net change of -20 holders.
- The largest IGATE CORPORATION buyer in Q1 2014 was Waddell & Reed Financial, an estimated $55.6M added.
- The largest IGATE CORPORATION seller in Q1 2014 was Fidelity Investments, an estimated $40.5M sold.
Based on aggregated 13F filings for Q1 2014.