Ituran Location and Control
ITRN
55 hedge funds and large institutions have $297M invested in Ituran Location and Control in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
53.4% more ownership
Funds ownership: 0% → 53.4% (+53%)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
10% more funds holding
Funds holding: 50 → 55 (+5)
6% more capital invested
Capital invested by funds: $280M → $297M (+$16.8M)
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$1.3M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$1.04M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$973K |
| 4 |
State Street
Boston,
Massachusetts
|
+$831K |
| 5 |
Renaissance Technologies
New York
|
+$679K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
-$3.89M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$3.24M |
| 3 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$2.96M |
| 4 |
HAM
Harber Asset Management
Asheville,
North Carolina
|
-$1.95M |
| 5 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$1.01M |
ITRN Hedge Fund Activity: Q4 2016 in Review
55 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Ituran Location and Control (ITRN) for Q4 2016, worth a combined $297M — up 6% from $280M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ITRN positions and 3 closed out — a net gain of 6 holders — while 14 added to existing stakes and 15 trimmed.
The largest buyer was O'Shaughnessy Asset Management, adding an estimated $1.3M. The largest seller was Sphera Funds Management, cutting an estimated $3.89M.
- 55 institutional investors held Ituran Location and Control (ITRN) as of Q4 2016, up from 50 in Q3 2016.
- Funds reported $297M of Ituran Location and Control stock for Q4 2016, up 6% quarter-over-quarter.
- 9 funds opened new Ituran Location and Control positions in Q4 2016 and 3 closed out, a net change of +6 holders.
- The largest Ituran Location and Control buyer in Q4 2016 was O'Shaughnessy Asset Management, an estimated $1.3M added.
- The largest Ituran Location and Control seller in Q4 2016 was Sphera Funds Management, an estimated $3.89M sold.
Based on aggregated 13F filings for Q4 2016.