Ituran Location and Control
ITRN
35 hedge funds and large institutions have $135M invested in Ituran Location and Control in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 8
3% more capital invested
Capital invested by funds: $131M → $135M (+$4.2M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 36 → 35 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$7.6M |
| 2 |
Renaissance Technologies
New York
|
+$1.03M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$928K |
| 4 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$895K |
| 5 |
Citigroup
New York
|
+$735K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Polar Capital
London,
United Kingdom
|
-$2.45M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$834K |
| 3 |
Jane Street
New York
|
-$318K |
| 4 |
State Street
Boston,
Massachusetts
|
-$318K |
| 5 |
RCM
Reynolds Capital Management
Las Vegas,
Nevada
|
-$239K |
ITRN Hedge Fund Activity: Q2 2014 in Review
35 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Ituran Location and Control (ITRN) for Q2 2014, worth a combined $135M — up 3.2% from $131M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ITRN and 4 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 16 added.
The largest buyer was Norges Bank, adding an estimated $7.6M. The largest seller was Polar Capital, exiting entirely with an estimated $2.45M sold.
- 35 institutional investors held Ituran Location and Control (ITRN) as of Q2 2014, down from 36 in Q1 2014.
- Funds reported $135M of Ituran Location and Control stock for Q2 2014, up 3.2% quarter-over-quarter.
- 4 funds opened new Ituran Location and Control positions in Q2 2014 and 5 closed out, a net change of -1 holder.
- The largest Ituran Location and Control buyer in Q2 2014 was Norges Bank, an estimated $7.6M added.
- The largest Ituran Location and Control seller in Q2 2014 was Polar Capital, an estimated $2.45M sold.
Based on aggregated 13F filings for Q2 2014.