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International Paper

620 hedge funds and large institutions have $18.7B invested in International Paper in 2013 Q4 according to their latest regulatory filings, with 96 funds opening new positions, 193 increasing their positions, 244 reducing their positions, and 70 closing their positions.

New
Increased
Maintained
Reduced
Closed

93% more call options, than puts

Call options by funds: $857M | Put options by funds: $443M

88% more funds holding in top 10

Funds holding in top 10: 815 (+7)

37% more first-time investments, than exits

New positions opened: 96 | Existing positions closed: 70

8% more capital invested

Capital invested by funds: $17.4B → $18.7B (+$1.33B)

3% more funds holding

Funds holding: 600620 (+20)

1.12% less ownership

Funds ownership: 93.4%92.28% (-1.1%)

21% less repeat investments, than reductions

Existing positions increased: 193 | Existing positions reduced: 244

Holders
620
Holders Change
+20
Holders Change %
+3.33%
% of All Funds
18%
Holding in Top 10
15
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+87.5%
% of All Funds
0.44%
New
96
Increased
193
Reduced
244
Closed
70
Calls
$857M
Puts
$443M
Net Calls
+$414M
Net Calls Change
+$193M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
26
Dimensional Fund Advisors
Texas
$183M +$2.08M +48,571 +1%
Norges Bank
27
Norges Bank
Norway
$170M -$28.2M -659,814 -15%
TCIM
28
TIAA CREF Investment Management
New York
$167M -$2.87M -67,020 -2%
BIM
29
BlackRock Investment Management
Delaware
$165M -$33.6M -785,445 -18%
SP
30
Sarasin & Partners
United Kingdom
$159M +$54.8M +1,279,929 +58%
Geode Capital Management
31
Geode Capital Management
Massachusetts
$156M +$3.17M +74,092 +2%
JP Morgan Chase
32
JP Morgan Chase
New York
$148M -$1.72M -40,240 -1%
D.E. Shaw & Co
33
D.E. Shaw & Co
New York
$147M +$18.6M +434,904 +16%
PI
34
Putnam Investments
Massachusetts
$141M -$1.31M -30,515 -1%
TD Asset Management
35
TD Asset Management
Ontario, Canada
$137M +$9.37M +219,001 +8%
Lord, Abbett & Co
36
Lord, Abbett & Co
New Jersey
$128M +$29.5M +688,419 +33%
MAA
37
Managed Account Advisors
New Jersey
$122M -$609K -14,240 -0.5%
SIG
38
Senator Investment Group
New York
$119M -$57.3M -1,338,480 -34%
BlackRock
39
BlackRock
New York
$104M +$15.6M +365,446 +19%
Bank of America
40
Bank of America
North Carolina
$102M -$17.9M -418,168 -16%
Legal & General Group
41
Legal & General Group
United Kingdom
$102M +$1.74M +40,677 +2%
Lazard Asset Management
42
Lazard Asset Management
New York
$99.7M +$92.9M +2,171,133 +40,552%
Morgan Stanley
43
Morgan Stanley
New York
$99.6M -$1.69M -39,544 -2%
Charles Schwab
44
Charles Schwab
California
$87.5M -$15.2M -354,955 -16%
PAM
45
Panagora Asset Management
Massachusetts
$84.6M -$14.6M -340,584 -16%
IAM
46
Impala Asset Management
Florida
$77.4M +$72.4M +1,690,741 New
UBS AM
47
UBS AM
Illinois
$76M +$951K +22,220 +1%
New York State Common Retirement Fund
48
New York State Common Retirement Fund
New York
$75.9M -$3.02M -70,654 -4%
Teacher Retirement System of Texas
49
Teacher Retirement System of Texas
Texas
$75M +$26.2M +612,083 +60%
AC
50
Ascend Capital
California
$68.1M +$63.6M +1,486,320 New

IP Hedge Fund Activity: Q4 2013 in Review

620 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in International Paper (IP) for Q4 2013, worth a combined $18.7B — up 7.7% from $17.4B a quarter earlier.

Buyers outnumbered sellers: 96 funds opened new IP positions and 70 closed out — a net gain of 26 holders — while 193 added to existing stakes and 244 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $343M. The largest seller was Fidelity Investments, cutting an estimated $383M.

  • 620 institutional investors held International Paper (IP) as of Q4 2013, up from 600 in Q3 2013.
  • Funds reported $18.7B of International Paper stock for Q4 2013, up 7.7% quarter-over-quarter.
  • 96 funds opened new International Paper positions in Q4 2013 and 70 closed out, a net change of +26 holders.
  • The largest International Paper buyer in Q4 2013 was Wellington Management Group, an estimated $343M added.
  • The largest International Paper seller in Q4 2013 was Fidelity Investments, an estimated $383M sold.

Based on aggregated 13F filings for Q4 2013.