Itron
ITRI
193 hedge funds and large institutions have $1.56B invested in Itron in 2016 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 58 increasing their positions, 65 reducing their positions, and 21 closing their positions.
95% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 21
91% more call options, than puts
Call options by funds: $920K | Put options by funds: $482K
13% more capital invested
Capital invested by funds: $1.38B → $1.56B (+$176M)
12% more funds holding
Funds holding: 173 → 193 (+20)
11% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 65
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Scopia Capital Management
New York
|
+$34.8M |
| 2 |
Blackstone Inc
New York
|
+$28.1M |
| 3 |
UBS AM
Chicago,
Illinois
|
+$17.1M |
| 4 |
Millennium Management
New York
|
+$10.6M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$8.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FC
Fairpointe Capital
Chicago,
Illinois
|
-$28.6M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$17.4M |
| 3 |
BKBG
BHF Kleinwort Benson Group
Brussels,
Belgium
|
-$17.2M |
| 4 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$10.3M |
| 5 |
OCM
Olstein Capital Management
Purchase,
New York
|
-$10.3M |
ITRI Hedge Fund Activity: Q1 2016 in Review
193 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Itron (ITRI) for Q1 2016, worth a combined $1.56B — up 13% from $1.38B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new ITRI positions and 21 closed out — a net gain of 20 holders — while 58 added to existing stakes and 65 trimmed.
The largest buyer was Scopia Capital Management, adding an estimated $34.8M. The largest seller was Fairpointe Capital, cutting an estimated $28.6M.
- 193 institutional investors held Itron (ITRI) as of Q1 2016, up from 173 in Q4 2015.
- Funds reported $1.56B of Itron stock for Q1 2016, up 13% quarter-over-quarter.
- 41 funds opened new Itron positions in Q1 2016 and 21 closed out, a net change of +20 holders.
- The largest Itron buyer in Q1 2016 was Scopia Capital Management, an estimated $34.8M added.
- The largest Itron seller in Q1 2016 was Fairpointe Capital, an estimated $28.6M sold.
Based on aggregated 13F filings for Q1 2016.