Knowles
265 hedge funds and large institutions have $1.47B invested in Knowles in 2015 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 85 increasing their positions, 103 reducing their positions, and 30 closing their positions.
130% more call options, than puts
Call options by funds: $1.81M | Put options by funds: $789K
23% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 30
2% more funds holding
Funds holding: 260 → 265 (+5)
13.79% less ownership
Funds ownership: 137.77% → 123.98% (-14%)
17% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 103
53% less capital inflows, than outflows
Capital inflows: $111M | Capital outflows: $238M
100% less funds holding in top 10
Funds holding in top 10: 4 → 0 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Southernsun Asset Management
Memphis,
Tennessee
|
+$16.4M |
| 2 |
AQR Arbitrage
Greenwich,
Connecticut
|
+$11.4M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
+$7.68M |
| 4 |
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$6.69M |
| 5 |
Spark Investment Management
New York
|
+$4.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Shapiro Capital Management
Atlanta,
Georgia
|
-$37.3M |
| 2 |
Matrix Capital Management Company
Portsmouth,
New Hampshire
|
-$27M |
| 3 |
Harris Associates
Chicago,
Illinois
|
-$24.5M |
| 4 |
Heartland Advisors
Milwaukee,
Wisconsin
|
-$24.4M |
| 5 |
VM
Valinor Management
New York
|
-$20.9M |
KN Hedge Fund Activity: Q4 2015 in Review
265 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Knowles (KN) for Q4 2015, worth a combined $1.47B — down 32% from $2.16B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new KN positions and 30 closed out — a net gain of 7 holders — while 85 added to existing stakes and 103 trimmed.
The largest buyer was Southernsun Asset Management, adding an estimated $16.4M. The largest seller was Shapiro Capital Management, cutting an estimated $37.3M.
- 265 institutional investors held Knowles (KN) as of Q4 2015, up from 260 in Q3 2015.
- Funds reported $1.47B of Knowles stock for Q4 2015, down 32% quarter-over-quarter.
- 37 funds opened new Knowles positions in Q4 2015 and 30 closed out, a net change of +7 holders.
- The largest Knowles buyer in Q4 2015 was Southernsun Asset Management, an estimated $16.4M added.
- The largest Knowles seller in Q4 2015 was Shapiro Capital Management, an estimated $37.3M sold.
Based on aggregated 13F filings for Q4 2015.