Kodak
KODK
49 hedge funds and large institutions have $707M invested in Kodak in 2014 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 17 increasing their positions, 8 reducing their positions, and 4 closing their positions.
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
119% more call options, than puts
Call options by funds: $899K | Put options by funds: $411K
113% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 8
29% more funds holding
Funds holding: 38 → 49 (+11)
3.72% more ownership
Funds ownership: 48.12% → 51.84% (+3.7%)
4% more capital invested
Capital invested by funds: $683M → $707M (+$24.1M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$31M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.8M |
| 3 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$8.52M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$2.15M |
| 5 |
ARM
Adirondack Research & Management
Guilderland,
New York
|
+$1.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.2M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$3.69M |
| 3 |
SAM
Serengeti Asset Management
New York
|
-$3.02M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.58M |
| 5 |
TA
Tiptree Advisors
New York
|
-$1.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$455K | -15,105 | -100% |
|
|
TC
52
TFS Capital
West Chester,
Pennsylvania
| – | -$304K | -8,759 | Closed |
|
53
First Manhattan
New York
| – | +$633 | +21 | New |
|
KODK Hedge Fund Activity: Q1 2014 in Review
49 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Kodak (KODK) for Q1 2014, worth a combined $707M — up 3.5% from $683M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new KODK positions and 4 closed out — a net gain of 11 holders — while 17 added to existing stakes and 8 trimmed.
The largest buyer was Franklin Resources, opening a new position worth an estimated $31M. The largest seller was Fidelity Investments, exiting entirely with an estimated $15.2M sold.
- 49 institutional investors held Kodak (KODK) as of Q1 2014, up from 38 in Q4 2013.
- Funds reported $707M of Kodak stock for Q1 2014, up 3.5% quarter-over-quarter.
- 15 funds opened new Kodak positions in Q1 2014 and 4 closed out, a net change of +11 holders.
- The largest Kodak buyer in Q1 2014 was Franklin Resources, an estimated $31M added.
- The largest Kodak seller in Q1 2014 was Fidelity Investments, an estimated $15.2M sold.
Based on aggregated 13F filings for Q1 2014.