Ituran Location and Control
ITRN
34 hedge funds and large institutions have $303M invested in Ituran Location and Control in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 5 reducing their positions, and 4 closing their positions.
260% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 5
141% more capital invested
Capital invested by funds: $126M → $303M (+$178M)
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
6% more funds holding
Funds holding: 32 → 34 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.1M |
| 2 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
+$8.4M |
| 3 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$6.48M |
| 4 |
Renaissance Technologies
New York
|
+$1.16M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$739K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$516K |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$485K |
| 3 |
SCM
Simcoe Capital Management
New York
|
-$173K |
| 4 |
Barclays
London,
United Kingdom
|
-$57K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$25.2K |
ITRN Hedge Fund Activity: Q1 2016 in Review
34 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Ituran Location and Control (ITRN) for Q1 2016, worth a combined $303M — up 141% from $126M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ITRN positions and 4 closed out — a net gain of 2 holders — while 18 added to existing stakes and 5 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $10.1M. The largest seller was Acadian Asset Management, cutting an estimated $516K.
- 34 institutional investors held Ituran Location and Control (ITRN) as of Q1 2016, up from 32 in Q4 2015.
- Funds reported $303M of Ituran Location and Control stock for Q1 2016, up 141% quarter-over-quarter.
- 6 funds opened new Ituran Location and Control positions in Q1 2016 and 4 closed out, a net change of +2 holders.
- The largest Ituran Location and Control buyer in Q1 2016 was Fidelity Investments, an estimated $10.1M added.
- The largest Ituran Location and Control seller in Q1 2016 was Acadian Asset Management, an estimated $516K sold.
Based on aggregated 13F filings for Q1 2016.