Investors Title Co
ITIC
54 hedge funds and large institutions have $126M invested in Investors Title Co in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 16 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
63% more capital invested
Capital invested by funds: $77.8M → $126M (+$48.6M)
42.62% more ownership
Funds ownership: 0% → 42.62% (+43%)
6% more funds holding
Funds holding: 51 → 54 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$978K |
| 2 |
Morgan Stanley
New York
|
+$479K |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$416K |
| 4 |
State Street
Boston,
Massachusetts
|
+$404K |
| 5 |
Citigroup
New York
|
+$255K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCC
Biglari Capital Corp
San Antonio,
Texas
|
-$534K |
| 2 |
SGAM
Steinberg Global Asset Management
Boca Raton,
Florida
|
-$269K |
| 3 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$265K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$202K |
| 5 |
BEAM
Baker Ellis Asset Management
Vancouver,
Washington
|
-$178K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $40K | – | – | – |
|
52
Legal & General Group
London,
United Kingdom
| $38K | +$29.5K | +238 | New |
|
53
Barclays
London,
United Kingdom
| $13K | +$8.17K | +66 | +367% |
|
54
BNP Paribas Financial Markets
Paris,
France
| $5.22K | -$6.19K | -50 | -60% |
|
|
EGA
55
Eagle Global Advisors
Houston,
Texas
| – | -$265K | -2,660 | Closed |
|
56
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$20K | -200 | Closed |
|
ITIC Hedge Fund Activity: Q4 2016 in Review
54 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Investors Title Co (ITIC) for Q4 2016, worth a combined $126M — up 63% from $77.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new ITIC positions and 2 closed out — a net gain of 3 holders — while 16 added to existing stakes and 16 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $978K. The largest seller was Biglari Capital Corp, cutting an estimated $534K.
- 54 institutional investors held Investors Title Co (ITIC) as of Q4 2016, up from 51 in Q3 2016.
- Funds reported $126M of Investors Title Co stock for Q4 2016, up 63% quarter-over-quarter.
- 5 funds opened new Investors Title Co positions in Q4 2016 and 2 closed out, a net change of +3 holders.
- The largest Investors Title Co buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $978K added.
- The largest Investors Title Co seller in Q4 2016 was Biglari Capital Corp, an estimated $534K sold.
Based on aggregated 13F filings for Q4 2016.