ING
183 hedge funds and large institutions have $933M invested in ING in 2013 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 60 increasing their positions, 55 reducing their positions, and 19 closing their positions.
63% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 19
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
36% more capital invested
Capital invested by funds: $684M → $933M (+$248M)
6% more funds holding
Funds holding: 173 → 183 (+10)
9% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 55
0.12% more ownership
Funds ownership: 1.56% → 1.68% (+0.12%)
31% less call options, than puts
Call options by funds: $11M | Put options by funds: $16M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$23.6M |
| 2 |
RG
Renaissance Group
Covington,
Kentucky
|
+$12.8M |
| 3 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$8.25M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$6.13M |
| 5 |
EGM
Espalier Global Management
New York
|
+$5.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$7.27M |
| 2 |
AG
Aperio Group
Sausalito,
California
|
-$6.95M |
| 3 |
PP
PDT Partners
New York
|
-$4.13M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$3.93M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$3.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$3K | -300 | Closed |
|
|
OC
202
Oakworth Capital
Birmingham,
Alabama
| – | +$395 | +31 | New |
|
ING Hedge Fund Activity: Q4 2013 in Review
183 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in ING (ING) for Q4 2013, worth a combined $933M — up 36% from $684M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new ING positions and 19 closed out — a net gain of 12 holders — while 60 added to existing stakes and 55 trimmed.
The largest buyer was Thornburg Investment Management, adding an estimated $23.6M. The largest seller was Arrowstreet Capital, cutting an estimated $7.27M.
- 183 institutional investors held ING (ING) as of Q4 2013, up from 173 in Q3 2013.
- Funds reported $933M of ING stock for Q4 2013, up 36% quarter-over-quarter.
- 31 funds opened new ING positions in Q4 2013 and 19 closed out, a net change of +12 holders.
- The largest ING buyer in Q4 2013 was Thornburg Investment Management, an estimated $23.6M added.
- The largest ING seller in Q4 2013 was Arrowstreet Capital, an estimated $7.27M sold.
Based on aggregated 13F filings for Q4 2013.