Lear
327 hedge funds and large institutions have $6.07B invested in Lear in 2013 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 106 increasing their positions, 129 reducing their positions, and 33 closing their positions.
109% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 33
17% more capital invested
Capital invested by funds: $5.2B → $6.07B (+$865M)
11.33% more ownership
Funds ownership: 94.08% → 105.42% (+11%)
11% more funds holding
Funds holding: 294 → 327 (+33)
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
18% less repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 129
50% less call options, than puts
Call options by funds: $97.7M | Put options by funds: $194M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$137M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
+$50.3M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$50.3M |
| 4 |
Calamos Advisors
Naperville,
Illinois
|
+$30.6M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$29.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$81.8M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$61.8M |
| 3 |
Renaissance Technologies
New York
|
-$38M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$37.5M |
| 5 |
Millennium Management
New York
|
-$34.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BBHC
351
Brown Brothers Harriman & Co
New York
| – | -$302K | -5,000 | Closed |
|
|
N
352
Nuveen
Charlotte,
North Carolina
| – | -$272K | -4,496 | Closed |
|
353
Walleye Trading
New York
| – | -$291K | -4,224 | Closed |
|
|
OI
354
Oakbrook Investments
Lisle,
Illinois
| – | -$216K | -3,571 | Closed |
|
|
CIM
355
CenturyLink Investment Management
Denver,
Colorado
| – | -$148K | -2,451 | Closed |
|
356
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$127K | -2,100 | Closed |
|
|
MCM
357
Matarin Capital Management
New York
| – | -$118K | -1,953 | Closed |
|
|
OMCS
358
Old Mutual Customised Solutions
Pinelands,
South Africa
| – | -$79K | -1,300 | Closed |
|
|
PI
359
PineBridge Investments
New York
| – | -$24K | -404 | Closed |
|
LEA Hedge Fund Activity: Q3 2013 in Review
327 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Lear (LEA) for Q3 2013, worth a combined $6.07B — up 17% from $5.2B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new LEA positions and 33 closed out — a net gain of 36 holders — while 106 added to existing stakes and 129 trimmed.
The largest buyer was AJO LP, adding an estimated $137M. The largest seller was Perkins Investment Management, cutting an estimated $81.8M.
- 327 institutional investors held Lear (LEA) as of Q3 2013, up from 294 in Q2 2013.
- Funds reported $6.07B of Lear stock for Q3 2013, up 17% quarter-over-quarter.
- 69 funds opened new Lear positions in Q3 2013 and 33 closed out, a net change of +36 holders.
- The largest Lear buyer in Q3 2013 was AJO LP, an estimated $137M added.
- The largest Lear seller in Q3 2013 was Perkins Investment Management, an estimated $81.8M sold.
Based on aggregated 13F filings for Q3 2013.