Ituran Location and Control
ITRN
34 hedge funds and large institutions have $178M invested in Ituran Location and Control in 2014 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 12 reducing their positions, and 3 closing their positions.
32% more capital invested
Capital invested by funds: $135M → $178M (+$43.7M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 12
3% less funds holding
Funds holding: 35 → 34 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$8.68M |
| 2 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
+$5.18M |
| 3 |
HAM
Harber Asset Management
Asheville,
North Carolina
|
+$1.16M |
| 4 |
Renaissance Technologies
New York
|
+$869K |
| 5 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$369K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$7.03M |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$870K |
| 3 |
Citigroup
New York
|
-$671K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$576K |
| 5 |
Morgan Stanley
New York
|
-$515K |
ITRN Hedge Fund Activity: Q3 2014 in Review
34 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Ituran Location and Control (ITRN) for Q3 2014, worth a combined $178M — up 32% from $135M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ITRN and 2 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 12 added.
The largest buyer was Vulcan Value Partners, adding an estimated $8.68M. The largest seller was Norges Bank, cutting an estimated $7.03M.
- 34 institutional investors held Ituran Location and Control (ITRN) as of Q3 2014, down from 35 in Q2 2014.
- Funds reported $178M of Ituran Location and Control stock for Q3 2014, up 32% quarter-over-quarter.
- 2 funds opened new Ituran Location and Control positions in Q3 2014 and 3 closed out, a net change of -1 holder.
- The largest Ituran Location and Control buyer in Q3 2014 was Vulcan Value Partners, an estimated $8.68M added.
- The largest Ituran Location and Control seller in Q3 2014 was Norges Bank, an estimated $7.03M sold.
Based on aggregated 13F filings for Q3 2014.