ITT
297 hedge funds and large institutions have $2.65B invested in ITT in 2016 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 105 increasing their positions, 90 reducing their positions, and 49 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 90
0.08% more ownership
Funds ownership: 91.94% → 92.02% (+0.08%)
5% less funds holding
Funds holding: 311 → 297 (-14)
12% less capital invested
Capital invested by funds: $3.01B → $2.65B (-$359M)
20% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 49
53% less call options, than puts
Call options by funds: $760K | Put options by funds: $1.62M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$71M |
| 2 |
Goldman Sachs
New York
|
+$38.1M |
| 3 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
+$22.5M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$16.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$25M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$24.8M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$20.5M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$19.7M |
| 5 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$17.2M |
ITT Hedge Fund Activity: Q2 2016 in Review
297 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in ITT (ITT) for Q2 2016, worth a combined $2.65B — down 12% from $3.01B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of ITT and 39 opened new positions — a net loss of 10 holders — while 90 trimmed existing stakes and 105 added.
The largest buyer was Macquarie Group, adding an estimated $71M. The largest seller was Alyeska Investment Group, cutting an estimated $25M.
- 297 institutional investors held ITT (ITT) as of Q2 2016, down from 311 in Q1 2016.
- Funds reported $2.65B of ITT stock for Q2 2016, down 12% quarter-over-quarter.
- 39 funds opened new ITT positions in Q2 2016 and 49 closed out, a net change of -10 holders.
- The largest ITT buyer in Q2 2016 was Macquarie Group, an estimated $71M added.
- The largest ITT seller in Q2 2016 was Alyeska Investment Group, an estimated $25M sold.
Based on aggregated 13F filings for Q2 2016.