Ituran Location and Control
ITRN
88 hedge funds and large institutions have $362M invested in Ituran Location and Control in 2018 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 32 increasing their positions, 28 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
14% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 28
6% more funds holding
Funds holding: 83 → 88 (+5)
1.19% more ownership
Funds ownership: 54.36% → 55.54% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
9% less capital invested
Capital invested by funds: $400M → $362M (-$37.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$18.5M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.86M |
| 3 |
SCP
Steamboat Capital Partners
Rye,
New York
|
+$2.01M |
| 4 |
Renaissance Technologies
New York
|
+$1.9M |
| 5 |
GC
Gobi Capital
San Francisco,
California
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAS
Sarbit Advisory Services
Winnipeg,
Manitoba, Canada
|
-$7.37M |
| 2 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$5.52M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$4.17M |
| 4 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$2.86M |
| 5 |
AIIMS
Analyst IMS Investment Management Services
Tel-Aviv,
Israel
|
-$1.49M |
ITRN Hedge Fund Activity: Q1 2018 in Review
88 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Ituran Location and Control (ITRN) for Q1 2018, worth a combined $362M — down 9.4% from $400M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ITRN positions and 8 closed out — a net gain of 5 holders — while 32 added to existing stakes and 28 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $18.5M. The largest seller was Sarbit Advisory Services, cutting an estimated $7.37M.
- 88 institutional investors held Ituran Location and Control (ITRN) as of Q1 2018, up from 83 in Q4 2017.
- Funds reported $362M of Ituran Location and Control stock for Q1 2018, down 9.4% quarter-over-quarter.
- 13 funds opened new Ituran Location and Control positions in Q1 2018 and 8 closed out, a net change of +5 holders.
- The largest Ituran Location and Control buyer in Q1 2018 was Fidelity Investments, an estimated $18.5M added.
- The largest Ituran Location and Control seller in Q1 2018 was Sarbit Advisory Services, an estimated $7.37M sold.
Based on aggregated 13F filings for Q1 2018.