Loews
429 hedge funds and large institutions have $9.29B invested in Loews in 2014 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 141 increasing their positions, 172 reducing their positions, and 28 closing their positions.
0.58% less ownership
Funds ownership: 59.14% → 58.55% (-0.58%)
1% less funds holding
Funds holding: 433 → 429 (-4)
4% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 28
8% less capital invested
Capital invested by funds: $10.1B → $9.29B (-$778M)
18% less repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 172
36% less funds holding in top 10
Funds holding in top 10: 14 → 9 (-5)
54% less call options, than puts
Call options by funds: $749K | Put options by funds: $1.62M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$124M |
| 2 |
JP Morgan Chase
New York
|
+$61.1M |
| 3 |
TAM
Third Avenue Management
New York
|
+$45.5M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$30.9M |
| 5 |
FPCG
Fort Pitt Capital Group
Pittsburgh,
Pennsylvania
|
+$29.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$113M |
| 2 |
CA
Cortland Advisers
Wilmington,
Delaware
|
-$107M |
| 3 |
RCWMU
Rothschild & Co Wealth Management (UK)
London,
United Kingdom
|
-$95.7M |
| 4 |
Eagle Capital Management (New York)
New York
|
-$86.7M |
| 5 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
-$74.8M |
L Hedge Fund Activity: Q3 2014 in Review
429 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Loews (L) for Q3 2014, worth a combined $9.29B — down 7.7% from $10.1B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of L and 27 opened new positions — a net loss of 1 holder — while 172 trimmed existing stakes and 141 added.
The largest buyer was Letko, Brosseau & Associates, opening a new position worth an estimated $124M. The largest seller was Davis Selected Advisers, cutting an estimated $113M.
- 429 institutional investors held Loews (L) as of Q3 2014, down from 433 in Q2 2014.
- Funds reported $9.29B of Loews stock for Q3 2014, down 7.7% quarter-over-quarter.
- 27 funds opened new Loews positions in Q3 2014 and 28 closed out, a net change of -1 holder.
- The largest Loews buyer in Q3 2014 was Letko, Brosseau & Associates, an estimated $124M added.
- The largest Loews seller in Q3 2014 was Davis Selected Advisers, an estimated $113M sold.
Based on aggregated 13F filings for Q3 2014.