Kestrel Group
138 hedge funds and large institutions have $556M invested in Kestrel Group in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 65 increasing their positions, 42 reducing their positions, and 16 closing their positions.
2,418% more call options, than puts
Call options by funds: $5.69M | Put options by funds: $226K
55% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 42
4% less funds holding
Funds holding: 144 → 138 (-6)
7% less capital invested
Capital invested by funds: $600M → $556M (-$44.1M)
38% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$4.05M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$3.95M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$2.92M |
| 4 |
JP Morgan Chase
New York
|
+$2.88M |
| 5 |
Renaissance Technologies
New York
|
+$2.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$6.18M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$4.72M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.83M |
| 4 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
-$1.83M |
| 5 |
Goldman Sachs
New York
|
-$1.64M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AC
151
Alexandria Capital
Arlington,
Virginia
| – | -$8K | -35 | Closed |
|
|
FMT
152
First Mercantile Trust
Cordova,
Tennessee
| – | -$8K | -33 | Closed |
|
153
Envestnet Asset Management
Chicago,
Illinois
| – | -$5K | -23 | Closed |
|
|
FHA
154
First Horizon Advisors
Memphis,
Tennessee
| – | -$1K | -6 | Closed |
|
KG Hedge Fund Activity: Q3 2014 in Review
138 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Kestrel Group (KG) for Q3 2014, worth a combined $556M — down 7.3% from $600M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of KG and 10 opened new positions — a net loss of 6 holders — while 42 trimmed existing stakes and 65 added.
The largest buyer was Invesco, adding an estimated $4.05M. The largest seller was Norges Bank, cutting an estimated $6.18M.
- 138 institutional investors held Kestrel Group (KG) as of Q3 2014, down from 144 in Q2 2014.
- Funds reported $556M of Kestrel Group stock for Q3 2014, down 7.3% quarter-over-quarter.
- 10 funds opened new Kestrel Group positions in Q3 2014 and 16 closed out, a net change of -6 holders.
- The largest Kestrel Group buyer in Q3 2014 was Invesco, an estimated $4.05M added.
- The largest Kestrel Group seller in Q3 2014 was Norges Bank, an estimated $6.18M sold.
Based on aggregated 13F filings for Q3 2014.