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International Paper

704 hedge funds and large institutions have $13.4B invested in International Paper in 2015 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 238 increasing their positions, 311 reducing their positions, and 94 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more funds holding in top 10

Funds holding in top 10: 710 (+3)

22% more call options, than puts

Call options by funds: $363M | Put options by funds: $297M

0.6% more ownership

Funds ownership: 89.51%90.11% (+0.6%)

9% less funds holding

Funds holding: 771704 (-67)

21% less capital invested

Capital invested by funds: $17B → $13.4B (-$3.6B)

23% less repeat investments, than reductions

Existing positions increased: 238 | Existing positions reduced: 311

64% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 94

Holders
704
Holders Change
-67
Holders Change %
-8.69%
% of All Funds
19.65%
Holding in Top 10
10
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+42.86%
% of All Funds
0.28%
New
34
Increased
238
Reduced
311
Closed
94
Calls
$363M
Puts
$297M
Net Calls
+$65.5M
Net Calls Change
-$192M
Name Holding Trade Value Shares
Change
Change in
Stake
State Street
1
State Street
Massachusetts
$989M -$39.7M -938,029 -3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$979M +$8.84M +208,531 +0.8%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$956M +$115M +2,720,644 +11%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$728M +$51.7M +1,220,135 +6%
BIT
5
BlackRock Institutional Trust
California
$441M -$5.62M -132,697 -1%
Franklin Resources
6
Franklin Resources
California
$396M -$12.4M -293,044 -3%
Ameriprise
7
Ameriprise
Minnesota
$326M +$32.1M +756,608 +9%
Allianz Asset Management
8
Allianz Asset Management
Germany
$296M +$3.78M +89,174 +1%
BFA
9
BlackRock Fund Advisors
California
$264M +$3.22M +76,095 +1%
Boston Partners
10
Boston Partners
Massachusetts
$258M +$10.8M +255,592 +4%
BA
11
BlackRock Advisors
Delaware
$245M -$11.5M -271,136 -4%
Northern Trust
12
Northern Trust
Illinois
$223M -$4.49M -106,074 -2%
Invesco
13
Invesco
Georgia
$216M -$6.2M -146,266 -2%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$199M -$7.96M -187,805 -3%
Wells Fargo
15
Wells Fargo
California
$198M +$20M +471,896 +9%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$166M +$7.08M +167,170 +4%
Bank of America
17
Bank of America
North Carolina
$164M +$95.2M +2,246,076 +97%
D.E. Shaw & Co
18
D.E. Shaw & Co
New York
$153M -$33.4M -788,473 -16%
BG
19
BlackRock Group
United Kingdom
$153M +$7.64M +180,279 +4%
ClearBridge Investments
20
ClearBridge Investments
New York
$152M -$3.63M -85,626 -2%
SC
21
Sasco Capital
Connecticut
$149M -$5.09M -120,208 -3%
APG Asset Management
22
APG Asset Management
Netherlands
$149M -$5.62M -132,695 -3%
SSM
23
Sound Shore Management
Connecticut
$140M +$5.41M +127,598 +3%
Lazard Asset Management
24
Lazard Asset Management
New York
$139M +$5M +117,954 +3%
Norges Bank
25
Norges Bank
Norway
$135M +$3.75M +88,517 +2%

IP Hedge Fund Activity: Q3 2015 in Review

704 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in International Paper (IP) for Q3 2015, worth a combined $13.4B — down 21% from $17B a quarter earlier.

Sellers outnumbered buyers: 94 funds closed out of IP and 34 opened new positions — a net loss of 60 holders — while 311 trimmed existing stakes and 238 added.

The largest buyer was Hotchkis & Wiley Capital Management, opening a new position worth an estimated $126M. The largest seller was Two Sigma Investments, cutting an estimated $41.8M.

  • 704 institutional investors held International Paper (IP) as of Q3 2015, down from 771 in Q2 2015.
  • Funds reported $13.4B of International Paper stock for Q3 2015, down 21% quarter-over-quarter.
  • 34 funds opened new International Paper positions in Q3 2015 and 94 closed out, a net change of -60 holders.
  • The largest International Paper buyer in Q3 2015 was Hotchkis & Wiley Capital Management, an estimated $126M added.
  • The largest International Paper seller in Q3 2015 was Two Sigma Investments, an estimated $41.8M sold.

Based on aggregated 13F filings for Q3 2015.