Ituran Location and Control
ITRN
74 hedge funds and large institutions have $404M invested in Ituran Location and Control in 2017 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 25 increasing their positions, 23 reducing their positions, and 4 closing their positions.
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
18% more capital invested
Capital invested by funds: $343M → $404M (+$60.2M)
16% more funds holding
Funds holding: 64 → 74 (+10)
9% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 23
0.23% less ownership
Funds ownership: 52.29% → 52.06% (-0.23%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Simcoe Capital Management
New York
|
+$17.6M |
| 2 |
SCP
Steamboat Capital Partners
Rye,
New York
|
+$6.04M |
| 3 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$2.77M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$1.75M |
| 5 |
Millennium Management
New York
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$29.3M |
| 2 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
-$2.45M |
| 3 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$1.52M |
| 4 |
Credit Agricole
Montrouge Cedex,
France
|
-$1.36M |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$1.32M |
ITRN Hedge Fund Activity: Q3 2017 in Review
74 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Ituran Location and Control (ITRN) for Q3 2017, worth a combined $404M — up 18% from $343M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ITRN positions and 4 closed out — a net gain of 11 holders — while 25 added to existing stakes and 23 trimmed.
The largest buyer was Simcoe Capital Management, adding an estimated $17.6M. The largest seller was Vulcan Value Partners, cutting an estimated $29.3M.
- 74 institutional investors held Ituran Location and Control (ITRN) as of Q3 2017, up from 64 in Q2 2017.
- Funds reported $404M of Ituran Location and Control stock for Q3 2017, up 18% quarter-over-quarter.
- 15 funds opened new Ituran Location and Control positions in Q3 2017 and 4 closed out, a net change of +11 holders.
- The largest Ituran Location and Control buyer in Q3 2017 was Simcoe Capital Management, an estimated $17.6M added.
- The largest Ituran Location and Control seller in Q3 2017 was Vulcan Value Partners, an estimated $29.3M sold.
Based on aggregated 13F filings for Q3 2017.