Ituran Location and Control
ITRN
42 hedge funds and large institutions have $249M invested in Ituran Location and Control in 2016 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
24% more funds holding
Funds holding: 34 → 42 (+8)
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
18% less capital invested
Capital invested by funds: $303M → $249M (-$54.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$30.2M |
| 2 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$12.3M |
| 3 |
AIIMS
Analyst IMS Investment Management Services
Tel-Aviv,
Israel
|
+$12M |
| 4 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$4.99M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.39M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$3.84M |
| 3 |
Bank of New York Mellon
New York
|
-$1.12M |
| 4 |
Citigroup
New York
|
-$798K |
| 5 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
-$235K |
ITRN Hedge Fund Activity: Q2 2016 in Review
42 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Ituran Location and Control (ITRN) for Q2 2016, worth a combined $249M — down 18% from $303M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ITRN positions and 5 closed out — a net gain of 8 holders — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Migdal Insurance & Financial Holdings, opening a new position worth an estimated $30.2M. The largest seller was Vanguard Group, exiting entirely with an estimated $4.39M sold.
- 42 institutional investors held Ituran Location and Control (ITRN) as of Q2 2016, up from 34 in Q1 2016.
- Funds reported $249M of Ituran Location and Control stock for Q2 2016, down 18% quarter-over-quarter.
- 13 funds opened new Ituran Location and Control positions in Q2 2016 and 5 closed out, a net change of +8 holders.
- The largest Ituran Location and Control buyer in Q2 2016 was Migdal Insurance & Financial Holdings, an estimated $30.2M added.
- The largest Ituran Location and Control seller in Q2 2016 was Vanguard Group, an estimated $4.39M sold.
Based on aggregated 13F filings for Q2 2016.