Itron
ITRI
175 hedge funds and large institutions have $1.27B invested in Itron in 2015 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 66 increasing their positions, 67 reducing their positions, and 37 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
25% more call options, than puts
Call options by funds: $999K | Put options by funds: $798K
1% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 67
3% less capital invested
Capital invested by funds: $1.31B → $1.27B (-$34.7M)
9% less funds holding
Funds holding: 193 → 175 (-18)
46% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Scopia Capital Management
New York
|
+$60M |
| 2 |
CCM
Coppersmith Capital Management
New York
|
+$28.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$19.4M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$17.1M |
| 5 |
GA
Glenhill Advisors
New York
|
+$9.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$32.1M |
| 2 |
DnB Asset Management
Oslo,
Norway
|
-$21M |
| 3 |
Harris Associates
Chicago,
Illinois
|
-$14.1M |
| 4 |
MPMG
Minneapolis Portfolio Management Group
Wayzata,
Minnesota
|
-$13M |
| 5 |
STB
S&T Bank
Indiana,
Pennsylvania
|
-$11.4M |
ITRI Hedge Fund Activity: Q3 2015 in Review
175 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Itron (ITRI) for Q3 2015, worth a combined $1.27B — down 2.7% from $1.31B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of ITRI and 20 opened new positions — a net loss of 17 holders — while 67 trimmed existing stakes and 66 added.
The largest buyer was Scopia Capital Management, opening a new position worth an estimated $60M. The largest seller was Norges Bank, cutting an estimated $32.1M.
- 175 institutional investors held Itron (ITRI) as of Q3 2015, down from 193 in Q2 2015.
- Funds reported $1.27B of Itron stock for Q3 2015, down 2.7% quarter-over-quarter.
- 20 funds opened new Itron positions in Q3 2015 and 37 closed out, a net change of -17 holders.
- The largest Itron buyer in Q3 2015 was Scopia Capital Management, an estimated $60M added.
- The largest Itron seller in Q3 2015 was Norges Bank, an estimated $32.1M sold.
Based on aggregated 13F filings for Q3 2015.