ING
173 hedge funds and large institutions have $684M invested in ING in 2013 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 53 increasing their positions, 47 reducing their positions, and 22 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
73% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 22
51% more capital invested
Capital invested by funds: $452M → $684M (+$232M)
13% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 47
9% more funds holding
Funds holding: 159 → 173 (+14)
0.25% more ownership
Funds ownership: 1.3% → 1.56% (+0.25%)
26% less call options, than puts
Call options by funds: $13.8M | Put options by funds: $18.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$76.7M |
| 2 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$31.8M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
+$19.7M |
| 4 |
STMM
South Texas Money Management
San Antonio,
Texas
|
+$15M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TGI
Tradewinds Global Investors
Los Angeles,
California
|
-$34.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$29.9M |
| 3 |
Lazard Asset Management
New York
|
-$13.5M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$6.35M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$5.42M |
ING Hedge Fund Activity: Q3 2013 in Review
173 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in ING (ING) for Q3 2013, worth a combined $684M — up 51% from $452M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new ING positions and 22 closed out — a net gain of 16 holders — while 53 added to existing stakes and 47 trimmed.
The largest buyer was Thornburg Investment Management, adding an estimated $76.7M. The largest seller was Tradewinds Global Investors, cutting an estimated $34.5M.
- 173 institutional investors held ING (ING) as of Q3 2013, up from 159 in Q2 2013.
- Funds reported $684M of ING stock for Q3 2013, up 51% quarter-over-quarter.
- 38 funds opened new ING positions in Q3 2013 and 22 closed out, a net change of +16 holders.
- The largest ING buyer in Q3 2013 was Thornburg Investment Management, an estimated $76.7M added.
- The largest ING seller in Q3 2013 was Tradewinds Global Investors, an estimated $34.5M sold.
Based on aggregated 13F filings for Q3 2013.