Itron
ITRI
241 hedge funds and large institutions have $2.55B invested in Itron in 2017 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 87 increasing their positions, 70 reducing their positions, and 41 closing their positions.
29% more call options, than puts
Call options by funds: $1.58M | Put options by funds: $1.23M
24% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 70
1.79% more ownership
Funds ownership: 94.61% → 96.4% (+1.8%)
5% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 41
0% less funds holding
Funds holding: 242 → 241 (-1)
10% less capital invested
Capital invested by funds: $2.84B → $2.55B (-$289M)
71% less funds holding in top 10
Funds holding in top 10: 7 → 2 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Scopia Capital Management
New York
|
+$46.9M |
| 2 |
MCM
Marcato Capital Management
San Francisco,
California
|
+$33.5M |
| 3 |
BP
Banbury Partners
Charlotte,
North Carolina
|
+$19.4M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$17.8M |
| 5 |
GCM
Gates Capital Management
New York
|
+$17.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
-$59.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$27M |
| 3 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
-$23.3M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$19.2M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
-$12M |
ITRI Hedge Fund Activity: Q4 2017 in Review
241 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Itron (ITRI) for Q4 2017, worth a combined $2.55B — down 10% from $2.84B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new ITRI positions and 41 closed out — a net gain of 2 holders — while 87 added to existing stakes and 70 trimmed.
The largest buyer was Scopia Capital Management, adding an estimated $46.9M. The largest seller was Harris Associates, exiting entirely with an estimated $59.7M sold.
- 241 institutional investors held Itron (ITRI) as of Q4 2017, down from 242 in Q3 2017.
- Funds reported $2.55B of Itron stock for Q4 2017, down 10% quarter-over-quarter.
- 43 funds opened new Itron positions in Q4 2017 and 41 closed out, a net change of +2 holders.
- The largest Itron buyer in Q4 2017 was Scopia Capital Management, an estimated $46.9M added.
- The largest Itron seller in Q4 2017 was Harris Associates, an estimated $59.7M sold.
Based on aggregated 13F filings for Q4 2017.