ITC HOLDINGS CORP
ITC
ITC was delisted on the 13th of October, 2016.
297 hedge funds and large institutions have $6.38B invested in ITC HOLDINGS CORP in 2016 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 93 increasing their positions, 108 reducing their positions, and 45 closing their positions.
25% more call options, than puts
Call options by funds: $575K | Put options by funds: $460K
0% more funds holding in top 10
Funds holding in top 10: 22 → 22 (0)
2% less capital invested
Capital invested by funds: $6.48B → $6.38B (-$104M)
6% less funds holding
Funds holding: 316 → 297 (-19)
14% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 108
36% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 45
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
297 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in ITC HOLDINGS CORP (ITC) for Q3 2016, worth a combined $6.38B — down 1.6% from $6.48B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of ITC and 29 opened new positions — a net loss of 16 holders — while 108 trimmed existing stakes and 93 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.
- 297 institutional investors held ITC HOLDINGS CORP (ITC) as of Q3 2016, down from 316 in Q2 2016.
- Funds reported $6.38B of ITC HOLDINGS CORP stock for Q3 2016, down 1.6% quarter-over-quarter.
- 29 funds opened new ITC HOLDINGS CORP positions in Q3 2016 and 45 closed out, a net change of -16 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.