ITT
329 hedge funds and large institutions have $3.51B invested in ITT in 2014 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 103 increasing their positions, 127 reducing their positions, and 31 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
0.73% more ownership
Funds ownership: 89.27% → 89.99% (+0.73%)
0% more capital invested
Capital invested by funds: $3.51B → $3.51B (+$120K)
6% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 31
1% less funds holding
Funds holding: 334 → 329 (-5)
19% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 127
67% less call options, than puts
Call options by funds: $2.67M | Put options by funds: $8.01M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$62.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$44.1M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$38.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$36.1M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$28.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$39.9M |
| 2 |
GCM
Gates Capital Management
New York
|
-$33.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$31.4M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
-$18M |
| 5 |
Neuberger Berman Group
New York
|
-$12.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
351
Tower Research Capital (TRC)
New York
| – | -$72.2K | -1,701 | Closed |
|
|
PFO
352
Pathstone Family Office
Englewood,
New Jersey
| – | -$38K | -870 | Closed |
|
353
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$36K | -820 | Closed |
|
|
BBHC
354
Brown Brothers Harriman & Co
New York
| – | -$24K | -544 | Closed |
|
|
EWM
355
Elite Wealth Management
Kirkland,
Washington
| – | -$4K | -87 | Closed |
|
356
Credit Agricole
Montrouge Cedex,
France
| – | -$3K | -75 | Closed |
|
ITT Hedge Fund Activity: Q1 2014 in Review
329 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in ITT (ITT) for Q1 2014, worth a combined $3.51B — up 0% from $3.51B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of ITT and 29 opened new positions — a net loss of 2 holders — while 127 trimmed existing stakes and 103 added.
The largest buyer was Systematic Financial Management, adding an estimated $62.7M. The largest seller was Lord, Abbett & Co, cutting an estimated $39.9M.
- 329 institutional investors held ITT (ITT) as of Q1 2014, down from 334 in Q4 2013.
- Funds reported $3.51B of ITT stock for Q1 2014, up 0% quarter-over-quarter.
- 29 funds opened new ITT positions in Q1 2014 and 31 closed out, a net change of -2 holders.
- The largest ITT buyer in Q1 2014 was Systematic Financial Management, an estimated $62.7M added.
- The largest ITT seller in Q1 2014 was Lord, Abbett & Co, an estimated $39.9M sold.
Based on aggregated 13F filings for Q1 2014.