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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
O
51
OppenheimerFunds
New York
$67.6M -$54.1M -1,263,049 -46%
U
52
UBS
Switzerland
$66.6M +$20.1M +468,585 +48%
WCMNY
53
Westchester Capital Management (New York)
New York
$65.9M
California Public Employees Retirement System
54
California Public Employees Retirement System
California
$65.8M +$5.81M +135,829 +10%
NAMA
55
Nikko Asset Management Americas
New York
$65.5M -$12.4M -289,325 -17%
MHI
56
Miller Howard Investments
New York
$64.7M -$6.15M -143,717 -9%
JHIU
57
Janus Henderson Investors US
Colorado
$64.7M -$29.9M -698,823 -33%
Sumitomo Mitsui Trust Group
58
Sumitomo Mitsui Trust Group
Japan
$61.7M -$2.87M -67,077 -5%
Nordea Investment Management
59
Nordea Investment Management
Sweden
$60.8M +$52.2M +1,220,536 +1,145%
SCM
60
Snow Capital Management
Pennsylvania
$57.5M -$842K -19,678 -2%
AAMU
61
Amundi Asset Management US
Massachusetts
$56.8M +$4.05M +94,597 +8%
SIA
62
Sit Investment Associates
Minnesota
$55.8M +$2.06M +48,046 +4%
CI Investments Inc
63
CI Investments Inc
Ontario, Canada
$51.9M +$596K +13,920 +1%
DRZID
64
DePrince Race & Zollo Inc (DRZ)
Florida
$51.3M +$48M +1,120,897 New
USSCPF
65
United States Steel & Carnegie Pension Fund
New York
$51.2M
USAA
66
United Services Automobile Association
Texas
$49.9M -$8.75M -204,437 -16%
CS
67
Credit Suisse
Switzerland
$49.1M -$1.08M -25,122 -2%
Mitsubishi UFJ Trust & Banking
68
Mitsubishi UFJ Trust & Banking
Japan
$48.7M +$1.15M +26,853 +3%
Deutsche Bank
69
Deutsche Bank
Germany
$47.9M -$3.02M -70,524 -6%
GC
70
Guggenheim Capital
Illinois
$46.1M +$17.5M +409,273 +69%
Principal Financial Group
71
Principal Financial Group
Iowa
$44.5M -$1.24M -29,005 -3%
HSBC Holdings
72
HSBC Holdings
United Kingdom
$44.3M -$716K -16,722 -2%
PNC Financial Services Group
73
PNC Financial Services Group
Pennsylvania
$44.3M -$2.6M -60,638 -6%
New York State Teachers Retirement System (NYSTRS)
74
New York State Teachers Retirement System (NYSTRS)
New York
$44.1M -$2.21M -51,671 -5%
Bank of Montreal
75
Bank of Montreal
Ontario, Canada
$43.6M -$3.5M -81,733 -8%

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.