ITC HOLDINGS CORP
ITC
ITC was delisted on the 13th of October, 2016.
296 hedge funds and large institutions have $6.35B invested in ITC HOLDINGS CORP in 2016 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 92 increasing their positions, 108 reducing their positions, and 46 closing their positions.
25% more call options, than puts
Call options by funds: $575K | Put options by funds: $460K
2% less capital invested
Capital invested by funds: $6.48B → $6.35B (-$130M)
4% less funds holding in top 10
Funds holding in top 10: 23 → 22 (-1)
6% less funds holding
Funds holding: 316 → 296 (-20)
15% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 108
37% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$268M |
| 2 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$96.2M |
| 3 |
Morgan Stanley
New York
|
+$92.5M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
+$75.8M |
| 5 |
WIC
Water Island Capital
New York
|
+$67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$97.4M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$87.7M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$79.1M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$78.2M |
| 5 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$71.6M |
ITC Hedge Fund Activity: Q3 2016 in Review
296 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in ITC HOLDINGS CORP (ITC) for Q3 2016, worth a combined $6.35B — down 2% from $6.48B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of ITC and 29 opened new positions — a net loss of 17 holders — while 108 trimmed existing stakes and 92 added.
The largest buyer was Pine River Capital Management, adding an estimated $268M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $97.4M sold.
- 296 institutional investors held ITC HOLDINGS CORP (ITC) as of Q3 2016, down from 316 in Q2 2016.
- Funds reported $6.35B of ITC HOLDINGS CORP stock for Q3 2016, down 2% quarter-over-quarter.
- 29 funds opened new ITC HOLDINGS CORP positions in Q3 2016 and 46 closed out, a net change of -17 holders.
- The largest ITC HOLDINGS CORP buyer in Q3 2016 was Pine River Capital Management, an estimated $268M added.
- The largest ITC HOLDINGS CORP seller in Q3 2016 was 1832 Asset Management, an estimated $97.4M sold.
Based on aggregated 13F filings for Q3 2016.