Innovative Solutions & Support
ISSC
46 hedge funds and large institutions have $69.2M invested in Innovative Solutions & Support in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 18 reducing their positions, and 9 closing their positions.
20% more capital invested
Capital invested by funds: $57.6M → $69.2M (+$11.5M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 49 → 46 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$782K |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$366K |
| 3 |
State Street
Boston,
Massachusetts
|
+$315K |
| 4 |
WA
WealthTrust Axiom
Wayne,
Pennsylvania
|
+$271K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$254K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$1.51M |
| 2 |
Morgan Stanley
New York
|
-$489K |
| 3 |
CSM
Central Square Management
Naperville,
Illinois
|
-$445K |
| 4 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$438K |
| 5 |
Renaissance Technologies
New York
|
-$416K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAM
51
Panagora Asset Management
Boston,
Massachusetts
| – | -$43K | -6,645 | Closed |
|
|
1IC
52
1919 Investment Counsel
Baltimore,
Maryland
| – | -$7K | -1,000 | Closed |
|
53
Citigroup
New York
| – | +$248 | +32 | New |
|
ISSC Hedge Fund Activity: Q3 2013 in Review
46 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Innovative Solutions & Support (ISSC) for Q3 2013, worth a combined $69.2M — up 20% from $57.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of ISSC and 6 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 12 added.
The largest buyer was Northern Trust, adding an estimated $782K. The largest seller was Putnam Investments, exiting entirely with an estimated $1.51M sold.
- 46 institutional investors held Innovative Solutions & Support (ISSC) as of Q3 2013, down from 49 in Q2 2013.
- Funds reported $69.2M of Innovative Solutions & Support stock for Q3 2013, up 20% quarter-over-quarter.
- 6 funds opened new Innovative Solutions & Support positions in Q3 2013 and 9 closed out, a net change of -3 holders.
- The largest Innovative Solutions & Support buyer in Q3 2013 was Northern Trust, an estimated $782K added.
- The largest Innovative Solutions & Support seller in Q3 2013 was Putnam Investments, an estimated $1.51M sold.
Based on aggregated 13F filings for Q3 2013.