Intrepid Potash
IPI
160 hedge funds and large institutions have $1.02B invested in Intrepid Potash in 2013 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 67 increasing their positions, 44 reducing their positions, and 35 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
52% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 44
1.11% more ownership
Funds ownership: 7.45% → 8.56% (+1.1%)
4% less funds holding
Funds holding: 166 → 160 (-6)
5% less capital invested
Capital invested by funds: $1.07B → $1.02B (-$57.7M)
11% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 35
51% less call options, than puts
Call options by funds: $20.2M | Put options by funds: $41.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KI
Koch Industries
Wichita,
Kansas
|
+$58.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$58.1M |
| 3 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
+$57.2M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
+$26.9M |
| 5 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$26.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cambiar Investors
Denver,
Colorado
|
-$34.5M |
| 2 |
Jennison Associates
New York
|
-$31.4M |
| 3 |
Neuberger Berman Group
New York
|
-$21.3M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$19M |
| 5 |
SCM
Snyder Capital Management
San Francisco,
California
|
-$18.2M |
IPI Hedge Fund Activity: Q3 2013 in Review
160 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Intrepid Potash (IPI) for Q3 2013, worth a combined $1.02B — down 5.4% from $1.07B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of IPI and 31 opened new positions — a net loss of 4 holders — while 44 trimmed existing stakes and 67 added.
The largest buyer was Koch Industries, adding an estimated $58.5M. The largest seller was Cambiar Investors, exiting entirely with an estimated $34.5M sold.
- 160 institutional investors held Intrepid Potash (IPI) as of Q3 2013, down from 166 in Q2 2013.
- Funds reported $1.02B of Intrepid Potash stock for Q3 2013, down 5.4% quarter-over-quarter.
- 31 funds opened new Intrepid Potash positions in Q3 2013 and 35 closed out, a net change of -4 holders.
- The largest Intrepid Potash buyer in Q3 2013 was Koch Industries, an estimated $58.5M added.
- The largest Intrepid Potash seller in Q3 2013 was Cambiar Investors, an estimated $34.5M sold.
Based on aggregated 13F filings for Q3 2013.