Ituran Location and Control
ITRN
58 hedge funds and large institutions have $337M invested in Ituran Location and Control in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 14 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
71% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 14
14% more capital invested
Capital invested by funds: $297M → $337M (+$40.2M)
5% more funds holding
Funds holding: 55 → 58 (+3)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1.26% less ownership
Funds ownership: 53.4% → 52.14% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$9.25M |
| 2 |
GC
Gobi Capital
San Francisco,
California
|
+$4.62M |
| 3 |
Renaissance Technologies
New York
|
+$2.62M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.43M |
| 5 |
AIIMS
Analyst IMS Investment Management Services
Tel-Aviv,
Israel
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$14.1M |
| 2 |
HAM
Harber Asset Management
Asheville,
North Carolina
|
-$3.89M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$995K |
| 4 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$894K |
| 5 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
-$842K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
JP Morgan Chase
New York
| $37K | +$18.1K | +643 | +116% |
|
52
Envestnet Asset Management
Chicago,
Illinois
| $11K | +$3.64K | +129 | +56% |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| $11K | +$9.7K | +344 | New |
|
54
Legal & General Group
London,
United Kingdom
| $10K | – | – | – |
|
|
ASN
55
Advisory Services Network
Atlanta,
Georgia
| $9K | +$8.68K | +308 | New |
|
|
AIM
56
Advantage Investment Management
Cedar Rapids,
Iowa
| $6K | – | – | – |
|
|
AIM
57
Acrospire Investment Management
Chicago,
Illinois
| $5K | +$5.02K | +178 | New |
|
|
AG
58
Advisor Group
Phoenix,
Arizona
| $1K | +$789 | +28 | +255% |
|
|
AL
59
AJO LP
Philadelphia,
Pennsylvania
| – | -$995K | -37,534 | Closed |
|
|
MMH
60
Menora Mivtachim Holdings
Ramat Gan,
Israel
| – | -$842K | -31,783 | Closed |
|
61
Goldman Sachs
New York
| – | -$245K | -9,228 | Closed |
|
|
PCM
62
Prelude Capital Management
New York
| – | -$17K | -632 | Closed |
|
ITRN Hedge Fund Activity: Q1 2017 in Review
58 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Ituran Location and Control (ITRN) for Q1 2017, worth a combined $337M — up 14% from $297M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new ITRN positions and 4 closed out — a net gain of 7 holders — while 24 added to existing stakes and 14 trimmed.
The largest buyer was BlackRock, adding an estimated $9.25M. The largest seller was Migdal Insurance & Financial Holdings, cutting an estimated $14.1M.
- 58 institutional investors held Ituran Location and Control (ITRN) as of Q1 2017, up from 55 in Q4 2016.
- Funds reported $337M of Ituran Location and Control stock for Q1 2017, up 14% quarter-over-quarter.
- 11 funds opened new Ituran Location and Control positions in Q1 2017 and 4 closed out, a net change of +7 holders.
- The largest Ituran Location and Control buyer in Q1 2017 was BlackRock, an estimated $9.25M added.
- The largest Ituran Location and Control seller in Q1 2017 was Migdal Insurance & Financial Holdings, an estimated $14.1M sold.
Based on aggregated 13F filings for Q1 2017.