ITC HOLDINGS CORP
ITC
ITC was delisted on the 13th of October, 2016.
335 hedge funds and large institutions have $5.88B invested in ITC HOLDINGS CORP in 2016 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 84 increasing their positions, 145 reducing their positions, and 89 closing their positions.
8% more funds holding in top 10
Funds holding in top 10: 13 → 14 (+1)
9% less funds holding
Funds holding: 367 → 335 (-32)
12% less capital invested
Capital invested by funds: $6.67B → $5.88B (-$791M)
34% less first-time investments, than exits
New positions opened: 59 | Existing positions closed: 89
42% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 145
88% less call options, than puts
Call options by funds: $1.39M | Put options by funds: $11.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCM
Eton Park Capital Management
New York
|
+$235M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
+$194M |
| 3 |
Citigroup
New York
|
+$178M |
| 4 |
Morgan Stanley
New York
|
+$150M |
| 5 |
YCMGA
York Capital Management Global Advisors
New York
|
+$127M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Americafirst Capital Management
Roseville,
California
|
-$1.18B |
| 2 |
BAMCO Inc
New York
|
-$509M |
| 3 |
Neuberger Berman Group
New York
|
-$224M |
| 4 |
Aristotle Capital Management
Los Angeles,
California
|
-$146M |
| 5 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
-$117M |
ITC Hedge Fund Activity: Q1 2016 in Review
335 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in ITC HOLDINGS CORP (ITC) for Q1 2016, worth a combined $5.88B — down 12% from $6.67B a quarter earlier.
Sellers outnumbered buyers: 89 funds closed out of ITC and 59 opened new positions — a net loss of 30 holders — while 145 trimmed existing stakes and 84 added.
The largest buyer was Eton Park Capital Management, opening a new position worth an estimated $235M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $1.18B sold.
- 335 institutional investors held ITC HOLDINGS CORP (ITC) as of Q1 2016, down from 367 in Q4 2015.
- Funds reported $5.88B of ITC HOLDINGS CORP stock for Q1 2016, down 12% quarter-over-quarter.
- 59 funds opened new ITC HOLDINGS CORP positions in Q1 2016 and 89 closed out, a net change of -30 holders.
- The largest ITC HOLDINGS CORP buyer in Q1 2016 was Eton Park Capital Management, an estimated $235M added.
- The largest ITC HOLDINGS CORP seller in Q1 2016 was Americafirst Capital Management, an estimated $1.18B sold.
Based on aggregated 13F filings for Q1 2016.