Ituran Location and Control
ITRN
79 hedge funds and large institutions have $369M invested in Ituran Location and Control in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 29 reducing their positions, and 17 closing their positions.
2.48% more ownership
Funds ownership: 55.54% → 58.02% (+2.5%)
2% more capital invested
Capital invested by funds: $362M → $369M (+$7.11M)
10% less funds holding
Funds holding: 88 → 79 (-9)
24% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 29
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
53% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$18.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.7M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$3.69M |
| 4 |
Renaissance Technologies
New York
|
+$2.5M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAS
Sarbit Advisory Services
Winnipeg,
Manitoba, Canada
|
-$9.15M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$2.79M |
| 3 |
SCP
Steamboat Capital Partners
Rye,
New York
|
-$1.7M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$1.53M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.26M |
ITRN Hedge Fund Activity: Q2 2018 in Review
79 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Ituran Location and Control (ITRN) for Q2 2018, worth a combined $369M — up 2% from $362M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of ITRN and 8 opened new positions — a net loss of 9 holders — while 29 trimmed existing stakes and 22 added.
The largest buyer was Vulcan Value Partners, adding an estimated $18.5M. The largest seller was Sarbit Advisory Services, exiting entirely with an estimated $9.15M sold.
- 79 institutional investors held Ituran Location and Control (ITRN) as of Q2 2018, down from 88 in Q1 2018.
- Funds reported $369M of Ituran Location and Control stock for Q2 2018, up 2% quarter-over-quarter.
- 8 funds opened new Ituran Location and Control positions in Q2 2018 and 17 closed out, a net change of -9 holders.
- The largest Ituran Location and Control buyer in Q2 2018 was Vulcan Value Partners, an estimated $18.5M added.
- The largest Ituran Location and Control seller in Q2 2018 was Sarbit Advisory Services, an estimated $9.15M sold.
Based on aggregated 13F filings for Q2 2018.