Ituran Location and Control
ITRN
83 hedge funds and large institutions have $400M invested in Ituran Location and Control in 2017 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 32 increasing their positions, 23 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
39% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 23
12% more funds holding
Funds holding: 74 → 83 (+9)
2.3% more ownership
Funds ownership: 52.06% → 54.36% (+2.3%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1% less capital invested
Capital invested by funds: $404M → $400M (-$3.64M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$9.69M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.48M |
| 3 |
BlackRock
New York
|
+$3.76M |
| 4 |
SCP
Steamboat Capital Partners
Rye,
New York
|
+$3.45M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$3.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$8.49M |
| 2 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
-$8.27M |
| 3 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$2.7M |
| 4 |
AIIMS
Analyst IMS Investment Management Services
Tel-Aviv,
Israel
|
-$2.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.36M |
ITRN Hedge Fund Activity: Q4 2017 in Review
83 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Ituran Location and Control (ITRN) for Q4 2017, worth a combined $400M — down 0.9% from $404M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new ITRN positions and 5 closed out — a net gain of 9 holders — while 32 added to existing stakes and 23 trimmed.
The largest buyer was Harel Insurance Investments & Financial Services, opening a new position worth an estimated $9.69M. The largest seller was Vulcan Value Partners, cutting an estimated $8.49M.
- 83 institutional investors held Ituran Location and Control (ITRN) as of Q4 2017, up from 74 in Q3 2017.
- Funds reported $400M of Ituran Location and Control stock for Q4 2017, down 0.9% quarter-over-quarter.
- 14 funds opened new Ituran Location and Control positions in Q4 2017 and 5 closed out, a net change of +9 holders.
- The largest Ituran Location and Control buyer in Q4 2017 was Harel Insurance Investments & Financial Services, an estimated $9.69M added.
- The largest Ituran Location and Control seller in Q4 2017 was Vulcan Value Partners, an estimated $8.49M sold.
Based on aggregated 13F filings for Q4 2017.