Innodata
INOD
40 hedge funds and large institutions have $14.5M invested in Innodata in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 19 reducing their positions, and 15 closing their positions.
26% less capital invested
Capital invested by funds: $19.5M → $14.5M (-$4.98M)
26% less funds holding
Funds holding: 54 → 40 (-14)
53% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 19
87% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$290K |
| 2 |
RA
Royce & Associates
New York
|
+$167K |
| 3 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
+$135K |
| 4 |
TAM
Tocqueville Asset Management
New York
|
+$84.7K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$28.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$493K |
| 2 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$306K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$204K |
| 4 |
SIP
Stoneridge Investment Partners
Radnor,
Pennsylvania
|
-$151K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$125K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$25K | -7,923 | Closed |
|
|
TCIM
52
TIAA CREF Investment Management
New York
| – | -$8K | -2,446 | Closed |
|
|
SSG
53
Summit Securities Group
New York
| – | -$3K | -800 | Closed |
|
|
FNYS
54
First New York Securities
New York
| – | -$2K | -500 | Closed |
|
INOD Hedge Fund Activity: Q3 2013 in Review
40 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Innodata (INOD) for Q3 2013, worth a combined $14.5M — down 26% from $19.5M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of INOD and 2 opened new positions — a net loss of 13 holders — while 19 trimmed existing stakes and 9 added.
The largest buyer was Perritt Capital Management, adding an estimated $290K. The largest seller was Northern Trust, cutting an estimated $493K.
- 40 institutional investors held Innodata (INOD) as of Q3 2013, down from 54 in Q2 2013.
- Funds reported $14.5M of Innodata stock for Q3 2013, down 26% quarter-over-quarter.
- 2 funds opened new Innodata positions in Q3 2013 and 15 closed out, a net change of -13 holders.
- The largest Innodata buyer in Q3 2013 was Perritt Capital Management, an estimated $290K added.
- The largest Innodata seller in Q3 2013 was Northern Trust, an estimated $493K sold.
Based on aggregated 13F filings for Q3 2013.