Gartner
431 hedge funds and large institutions have $14.9B invested in Gartner in 2018 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 129 increasing their positions, 179 reducing their positions, and 45 closing their positions.
17% more capital invested
Capital invested by funds: $12.8B → $14.9B (+$2.12B)
2% less call options, than puts
Call options by funds: $23.6M | Put options by funds: $23.9M
7% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 45
2% less funds holding
Funds holding: 439 → 431 (-8)
1.82% less ownership
Funds ownership: 105.53% → 103.71% (-1.8%)
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
28% less repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 179
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bares Capital Management
Austin,
Texas
|
+$80.6M |
| 2 |
MCM
Melvin Capital Management
New York
|
+$65.2M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$59.2M |
| 4 |
Morgan Stanley
New York
|
+$41.9M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$83.2M |
| 2 |
Goldman Sachs
New York
|
-$81.3M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$79.5M |
| 4 |
JCM
Junto Capital Management
New York
|
-$53.3M |
| 5 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
-$44M |
IT Hedge Fund Activity: Q3 2018 in Review
431 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Gartner (IT) for Q3 2018, worth a combined $14.9B — up 17% from $12.8B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of IT and 42 opened new positions — a net loss of 3 holders — while 179 trimmed existing stakes and 129 added.
The largest buyer was Bares Capital Management, adding an estimated $80.6M. The largest seller was Citadel Advisors, cutting an estimated $83.2M.
- 431 institutional investors held Gartner (IT) as of Q3 2018, down from 439 in Q2 2018.
- Funds reported $14.9B of Gartner stock for Q3 2018, up 17% quarter-over-quarter.
- 42 funds opened new Gartner positions in Q3 2018 and 45 closed out, a net change of -3 holders.
- The largest Gartner buyer in Q3 2018 was Bares Capital Management, an estimated $80.6M added.
- The largest Gartner seller in Q3 2018 was Citadel Advisors, an estimated $83.2M sold.
Based on aggregated 13F filings for Q3 2018.