ITT
324 hedge funds and large institutions have $4.01B invested in ITT in 2014 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 99 increasing their positions, 124 reducing their positions, and 36 closing their positions.
14% more capital invested
Capital invested by funds: $3.51B → $4.01B (+$496M)
0.83% more ownership
Funds ownership: 89.99% → 90.82% (+0.83%)
8% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 36
2% less funds holding
Funds holding: 329 → 324 (-5)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
20% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 124
54% less call options, than puts
Call options by funds: $1.98M | Put options by funds: $4.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$153M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$93.6M |
| 3 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$37.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$31.8M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$26.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$114M |
| 2 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
-$51.7M |
| 3 |
GCM
Gates Capital Management
New York
|
-$32.6M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$32.1M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$22.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ECM
351
ETrade Capital Management
Arlington,
Virginia
| – | -$112K | -2,626 | Closed |
|
|
WAS
352
Winch Advisory Services
Appleton,
Wisconsin
| – | -$10K | -223 | Closed |
|
353
Walleye Trading
New York
| – | -$9.47K | -213 | Closed |
|
|
MCM
354
Manchester Capital Management
Manchester,
Vermont
| – | -$6K | -150 | Closed |
|
|
HI
355
Hudock Inc
Williamsport,
Pennsylvania
| – | -$4K | -100 | Closed |
|
|
TSW
356
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | -$2K | -50 | Closed |
|
|
NFG
357
Next Financial Group
Houston,
Texas
| – | +$178 | +4 | New |
|
ITT Hedge Fund Activity: Q2 2014 in Review
324 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in ITT (ITT) for Q2 2014, worth a combined $4.01B — up 14% from $3.51B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of ITT and 33 opened new positions — a net loss of 3 holders — while 124 trimmed existing stakes and 99 added.
The largest buyer was Goldman Sachs, adding an estimated $153M. The largest seller was Allianz Asset Management, cutting an estimated $114M.
- 324 institutional investors held ITT (ITT) as of Q2 2014, down from 329 in Q1 2014.
- Funds reported $4.01B of ITT stock for Q2 2014, up 14% quarter-over-quarter.
- 33 funds opened new ITT positions in Q2 2014 and 36 closed out, a net change of -3 holders.
- The largest ITT buyer in Q2 2014 was Goldman Sachs, an estimated $153M added.
- The largest ITT seller in Q2 2014 was Allianz Asset Management, an estimated $114M sold.
Based on aggregated 13F filings for Q2 2014.