Gartner
445 hedge funds and large institutions have $12.5B invested in Gartner in 2019 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 184 increasing their positions, 126 reducing their positions, and 55 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 184 | Existing positions reduced: 126
0.26% more ownership
Funds ownership: 97.05% → 97.31% (+0.26%)
1% less funds holding
Funds holding: 449 → 445 (-4)
5% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 55
11% less capital invested
Capital invested by funds: $14B → $12.5B (-$1.52B)
19% less call options, than puts
Call options by funds: $13.4M | Put options by funds: $16.6M
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$138M |
| 2 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$59.7M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$48.3M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$46.2M |
| 5 |
MCM
Melvin Capital Management
New York
|
+$36.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$228M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$73.7M |
| 3 |
JP Morgan Chase
New York
|
-$63.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$62.2M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$50.1M |
IT Hedge Fund Activity: Q3 2019 in Review
445 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Gartner (IT) for Q3 2019, worth a combined $12.5B — down 11% from $14B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of IT and 52 opened new positions — a net loss of 3 holders — while 126 trimmed existing stakes and 184 added.
The largest buyer was Fidelity Investments, adding an estimated $138M. The largest seller was Select Equity Group, cutting an estimated $228M.
- 445 institutional investors held Gartner (IT) as of Q3 2019, down from 449 in Q2 2019.
- Funds reported $12.5B of Gartner stock for Q3 2019, down 11% quarter-over-quarter.
- 52 funds opened new Gartner positions in Q3 2019 and 55 closed out, a net change of -3 holders.
- The largest Gartner buyer in Q3 2019 was Fidelity Investments, an estimated $138M added.
- The largest Gartner seller in Q3 2019 was Select Equity Group, an estimated $228M sold.
Based on aggregated 13F filings for Q3 2019.