Itaú Unibanco
ITUB
275 hedge funds and large institutions have $10.8B invested in Itaú Unibanco in 2014 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 97 increasing their positions, 99 reducing their positions, and 46 closing their positions.
15% more funds holding in top 10
Funds holding in top 10: 13 → 15 (+2)
5% more capital invested
Capital invested by funds: $10.3B → $10.8B (+$526M)
2% less repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 99
3.88% less ownership
Funds ownership: 83.05% → 79.17% (-3.9%)
7% less funds holding
Funds holding: 295 → 275 (-20)
35% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 46
65% less call options, than puts
Call options by funds: $62.5M | Put options by funds: $181M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Marketfield Asset Management
New York
|
+$218M |
| 2 |
VAM
Vontobel Asset Management
New York
|
+$195M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$107M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$89M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$39.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$391M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$298M |
| 3 |
GAM
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
-$75.9M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$72M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$67.7M |
ITUB Hedge Fund Activity: Q1 2014 in Review
275 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Itaú Unibanco (ITUB) for Q1 2014, worth a combined $10.8B — up 5.1% from $10.3B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of ITUB and 30 opened new positions — a net loss of 16 holders — while 99 trimmed existing stakes and 97 added.
The largest buyer was Marketfield Asset Management, opening a new position worth an estimated $218M. The largest seller was Thornburg Investment Management, cutting an estimated $391M.
- 275 institutional investors held Itaú Unibanco (ITUB) as of Q1 2014, down from 295 in Q4 2013.
- Funds reported $10.8B of Itaú Unibanco stock for Q1 2014, up 5.1% quarter-over-quarter.
- 30 funds opened new Itaú Unibanco positions in Q1 2014 and 46 closed out, a net change of -16 holders.
- The largest Itaú Unibanco buyer in Q1 2014 was Marketfield Asset Management, an estimated $218M added.
- The largest Itaú Unibanco seller in Q1 2014 was Thornburg Investment Management, an estimated $391M sold.
Based on aggregated 13F filings for Q1 2014.