ITT
331 hedge funds and large institutions have $3.11B invested in ITT in 2016 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 92 increasing their positions, 112 reducing their positions, and 29 closing their positions.
103% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 29
45% more call options, than puts
Call options by funds: $2.31M | Put options by funds: $1.59M
9% more funds holding
Funds holding: 305 → 331 (+26)
9% more capital invested
Capital invested by funds: $2.87B → $3.11B (+$244M)
2.08% more ownership
Funds ownership: 89.27% → 91.35% (+2.1%)
18% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 112
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$38M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
+$33.9M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$29.4M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$28.6M |
| 5 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$20.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$79.7M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$76.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$56.5M |
| 4 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$22.8M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$21.3M |
ITT Hedge Fund Activity: Q4 2016 in Review
331 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in ITT (ITT) for Q4 2016, worth a combined $3.11B — up 8.5% from $2.87B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new ITT positions and 29 closed out — a net gain of 30 holders — while 92 added to existing stakes and 112 trimmed.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $38M. The largest seller was AllianceBernstein, cutting an estimated $79.7M.
- 331 institutional investors held ITT (ITT) as of Q4 2016, up from 305 in Q3 2016.
- Funds reported $3.11B of ITT stock for Q4 2016, up 8.5% quarter-over-quarter.
- 59 funds opened new ITT positions in Q4 2016 and 29 closed out, a net change of +30 holders.
- The largest ITT buyer in Q4 2016 was Victory Capital Management, an estimated $38M added.
- The largest ITT seller in Q4 2016 was AllianceBernstein, an estimated $79.7M sold.
Based on aggregated 13F filings for Q4 2016.