Ituran Location and Control
ITRN
90 hedge funds and large institutions have $384M invested in Ituran Location and Control in 2023 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 24 increasing their positions, 27 reducing their positions, and 7 closing their positions.
214% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 7
210% more call options, than puts
Call options by funds: $487K | Put options by funds: $157K
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
32% more capital invested
Capital invested by funds: $291M → $384M (+$92.8M)
20% more funds holding
Funds holding: 75 → 90 (+15)
1.27% more ownership
Funds ownership: 62.01% → 63.28% (+1.3%)
11% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YDMI
Y.D. More Investments
Ramat Gan,
Israel
|
+$27.4M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.44M |
| 3 |
SGA
Strategic Global Advisors
Newport Beach,
California
|
+$1.6M |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
+$1.37M |
| 5 |
VI
Vestcor Inc
Fredericton,
New Brunswick, Canada
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$14.9M |
| 2 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$7.22M |
| 3 |
II
Ibex Investors
Denver,
Colorado
|
-$4.14M |
| 4 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
-$2.28M |
| 5 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
-$2.15M |
ITRN Hedge Fund Activity: Q3 2023 in Review
90 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Ituran Location and Control (ITRN) for Q3 2023, worth a combined $384M — up 32% from $291M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new ITRN positions and 7 closed out — a net gain of 15 holders — while 24 added to existing stakes and 27 trimmed.
The largest buyer was Y.D. More Investments, opening a new position worth an estimated $27.4M. The largest seller was Phoenix Financial, cutting an estimated $14.9M.
- 90 institutional investors held Ituran Location and Control (ITRN) as of Q3 2023, up from 75 in Q2 2023.
- Funds reported $384M of Ituran Location and Control stock for Q3 2023, up 32% quarter-over-quarter.
- 22 funds opened new Ituran Location and Control positions in Q3 2023 and 7 closed out, a net change of +15 holders.
- The largest Ituran Location and Control buyer in Q3 2023 was Y.D. More Investments, an estimated $27.4M added.
- The largest Ituran Location and Control seller in Q3 2023 was Phoenix Financial, an estimated $14.9M sold.
Based on aggregated 13F filings for Q3 2023.