ITT
349 hedge funds and large institutions have $3.98B invested in ITT in 2018 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 90 increasing their positions, 123 reducing their positions, and 48 closing their positions.
4% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 48
2% less funds holding
Funds holding: 355 → 349 (-6)
2.79% less ownership
Funds ownership: 94.41% → 91.62% (-2.8%)
10% less capital invested
Capital invested by funds: $4.43B → $3.98B (-$456M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
27% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 123
73% less call options, than puts
Call options by funds: $3.29M | Put options by funds: $12.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$76.3M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$33.7M |
| 3 |
TA
Teachers Advisors
New York
|
+$30.4M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$27.9M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$23.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$56.2M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$37.4M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$35.9M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$13.4M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$11.6M |
ITT Hedge Fund Activity: Q1 2018 in Review
349 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in ITT (ITT) for Q1 2018, worth a combined $3.98B — down 10% from $4.43B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of ITT and 46 opened new positions — a net loss of 2 holders — while 123 trimmed existing stakes and 90 added.
The largest buyer was Eaton Vance Management, adding an estimated $76.3M. The largest seller was Lord, Abbett & Co, cutting an estimated $56.2M.
- 349 institutional investors held ITT (ITT) as of Q1 2018, down from 355 in Q4 2017.
- Funds reported $3.98B of ITT stock for Q1 2018, down 10% quarter-over-quarter.
- 46 funds opened new ITT positions in Q1 2018 and 48 closed out, a net change of -2 holders.
- The largest ITT buyer in Q1 2018 was Eaton Vance Management, an estimated $76.3M added.
- The largest ITT seller in Q1 2018 was Lord, Abbett & Co, an estimated $56.2M sold.
Based on aggregated 13F filings for Q1 2018.