Knowles
284 hedge funds and large institutions have $2.18B invested in Knowles in 2015 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 96 increasing their positions, 95 reducing their positions, and 62 closing their positions.
75% more call options, than puts
Call options by funds: $16.5M | Put options by funds: $9.39M
11.92% more ownership
Funds ownership: 120.98% → 132.9% (+12%)
1% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 95
10% less funds holding
Funds holding: 314 → 284 (-30)
10% less capital invested
Capital invested by funds: $2.42B → $2.18B (-$241M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
39% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 62
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$50.7M |
| 2 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
+$43.1M |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$34.9M |
| 4 |
SO
STRS Ohio
Columbus,
Ohio
|
+$27.9M |
| 5 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
+$24.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Sheffield Asset Management
Chicago,
Illinois
|
-$39M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$23.5M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$16.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$14M |
| 5 |
MCMC
Matrix Capital Management Company
Portsmouth,
New Hampshire
|
-$12.5M |
KN Hedge Fund Activity: Q1 2015 in Review
284 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Knowles (KN) for Q1 2015, worth a combined $2.18B — down 10% from $2.42B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of KN and 38 opened new positions — a net loss of 24 holders — while 95 trimmed existing stakes and 96 added.
The largest buyer was Franklin Resources, adding an estimated $50.7M. The largest seller was Sheffield Asset Management, exiting entirely with an estimated $39M sold.
- 284 institutional investors held Knowles (KN) as of Q1 2015, down from 314 in Q4 2014.
- Funds reported $2.18B of Knowles stock for Q1 2015, down 10% quarter-over-quarter.
- 38 funds opened new Knowles positions in Q1 2015 and 62 closed out, a net change of -24 holders.
- The largest Knowles buyer in Q1 2015 was Franklin Resources, an estimated $50.7M added.
- The largest Knowles seller in Q1 2015 was Sheffield Asset Management, an estimated $39M sold.
Based on aggregated 13F filings for Q1 2015.