Ituran Location and Control
ITRN
79 hedge funds and large institutions have $313M invested in Ituran Location and Control in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 36 increasing their positions, 24 reducing their positions, and 11 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 24
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3.99% less ownership
Funds ownership: 57.81% → 53.82% (-4%)
6% less funds holding
Funds holding: 84 → 79 (-5)
23% less capital invested
Capital invested by funds: $408M → $313M (-$94.9M)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Gobi Capital
San Francisco,
California
|
+$4.69M |
| 2 |
Millennium Management
New York
|
+$2.39M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.64M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.26M |
| 5 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Simcoe Capital Management
New York
|
-$12.3M |
| 2 |
Janus Henderson Group
London,
|
-$11.1M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$9.47M |
| 4 |
SCP
Steamboat Capital Partners
Rye,
New York
|
-$4.18M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.15M |
ITRN Hedge Fund Activity: Q3 2019 in Review
79 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Ituran Location and Control (ITRN) for Q3 2019, worth a combined $313M — down 23% from $408M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of ITRN and 8 opened new positions — a net loss of 3 holders — while 24 trimmed existing stakes and 36 added.
The largest buyer was Gobi Capital, adding an estimated $4.69M. The largest seller was Simcoe Capital Management, exiting entirely with an estimated $12.3M sold.
- 79 institutional investors held Ituran Location and Control (ITRN) as of Q3 2019, down from 84 in Q2 2019.
- Funds reported $313M of Ituran Location and Control stock for Q3 2019, down 23% quarter-over-quarter.
- 8 funds opened new Ituran Location and Control positions in Q3 2019 and 11 closed out, a net change of -3 holders.
- The largest Ituran Location and Control buyer in Q3 2019 was Gobi Capital, an estimated $4.69M added.
- The largest Ituran Location and Control seller in Q3 2019 was Simcoe Capital Management, an estimated $12.3M sold.
Based on aggregated 13F filings for Q3 2019.