Ituran Location and Control
ITRN
84 hedge funds and large institutions have $408M invested in Ituran Location and Control in 2019 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 34 increasing their positions, 21 reducing their positions, and 9 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 21
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
4% more funds holding
Funds holding: 81 → 84 (+3)
3.28% less ownership
Funds ownership: 61.08% → 57.81% (-3.3%)
8% less capital invested
Capital invested by funds: $445M → $408M (-$37.1M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$16.8M |
| 2 |
SCP
Steamboat Capital Partners
Rye,
New York
|
+$15.2M |
| 3 |
DG
Delek Group
Herzliya,
Israel
|
+$6.12M |
| 4 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
+$4.38M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$2.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$17M |
| 2 |
SCM
Simcoe Capital Management
New York
|
-$10.9M |
| 3 |
Janus Henderson Group
London,
|
-$6.95M |
| 4 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$4.6M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$1.5M |
ITRN Hedge Fund Activity: Q2 2019 in Review
84 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Ituran Location and Control (ITRN) for Q2 2019, worth a combined $408M — down 8.3% from $445M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ITRN positions and 9 closed out — a net gain of 4 holders — while 34 added to existing stakes and 21 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $16.8M. The largest seller was Fidelity Investments, cutting an estimated $17M.
- 84 institutional investors held Ituran Location and Control (ITRN) as of Q2 2019, up from 81 in Q1 2019.
- Funds reported $408M of Ituran Location and Control stock for Q2 2019, down 8.3% quarter-over-quarter.
- 13 funds opened new Ituran Location and Control positions in Q2 2019 and 9 closed out, a net change of +4 holders.
- The largest Ituran Location and Control buyer in Q2 2019 was Schroder Investment Management Group, an estimated $16.8M added.
- The largest Ituran Location and Control seller in Q2 2019 was Fidelity Investments, an estimated $17M sold.
Based on aggregated 13F filings for Q2 2019.