ITT
334 hedge funds and large institutions have $3.51B invested in ITT in 2013 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 90 increasing their positions, 127 reducing their positions, and 32 closing their positions.
69% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 32
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
20% more capital invested
Capital invested by funds: $2.94B → $3.51B (+$574M)
6% more funds holding
Funds holding: 315 → 334 (+19)
1.34% less ownership
Funds ownership: 90.61% → 89.27% (-1.3%)
29% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 127
63% less call options, than puts
Call options by funds: $3.01M | Put options by funds: $8.22M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$46.5M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$43.4M |
| 3 |
Bank of New York Mellon
New York
|
+$35.9M |
| 4 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$35.1M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$30.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$55.5M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$50M |
| 3 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$43.7M |
| 4 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$36.1M |
| 5 |
SO
STRS Ohio
Columbus,
Ohio
|
-$23.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WFI
351
West Family Investments
Carlsbad,
California
| – | -$298K | -8,300 | Closed |
|
|
PCM
352
Prelude Capital Management
New York
| – | -$118K | -3,275 | Closed |
|
|
RNS
353
Robert N. Shapiro
| – | -$86K | -2,400 | Closed |
|
|
MS
354
Madison Scottsdale
Scottsdale,
Arizona
| – | -$27K | -750 | Closed |
|
|
JEW
355
Jamison Eaton & Wood
Bedminster,
New Jersey
| – | -$16K | -450 | Closed |
|
356
KBC Group
Brussels,
Belgium
| – | -$16K | -440 | Closed |
|
|
FANJ
357
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$13K | -350 | Closed |
|
358
Victory Capital Management
San Antonio,
Texas
| – | -$7K | -207 | Closed |
|
|
HF
359
Hoxton Financial
Shepherdstown,
West Virginia
| – | -$7K | -195 | Closed |
|
360
Jones Financial Companies
Des Peres,
Missouri
| – | -$4K | -129 | Closed |
|
361
Group One Trading
Chicago,
Illinois
| – | -$4.65K | -117 | Closed |
|
362
Parallax Volatility Advisers
San Francisco,
California
| – | -$4.17K | -105 | Closed |
|
|
TFO
363
Tarbox Family Office
Newport Beach,
California
| – | +$358 | +9 | New |
|
ITT Hedge Fund Activity: Q4 2013 in Review
334 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in ITT (ITT) for Q4 2013, worth a combined $3.51B — up 20% from $2.94B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new ITT positions and 32 closed out — a net gain of 22 holders — while 90 added to existing stakes and 127 trimmed.
The largest buyer was Systematic Financial Management, adding an estimated $46.5M. The largest seller was LSV Asset Management, cutting an estimated $55.5M.
- 334 institutional investors held ITT (ITT) as of Q4 2013, up from 315 in Q3 2013.
- Funds reported $3.51B of ITT stock for Q4 2013, up 20% quarter-over-quarter.
- 54 funds opened new ITT positions in Q4 2013 and 32 closed out, a net change of +22 holders.
- The largest ITT buyer in Q4 2013 was Systematic Financial Management, an estimated $46.5M added.
- The largest ITT seller in Q4 2013 was LSV Asset Management, an estimated $55.5M sold.
Based on aggregated 13F filings for Q4 2013.