L3Harris
1,043 hedge funds and large institutions have $29B invested in L3Harris in 2020 Q3 according to their latest regulatory filings, with 73 funds opening new positions, 417 increasing their positions, 391 reducing their positions, and 120 closing their positions.
35% more call options, than puts
Call options by funds: $259M | Put options by funds: $192M
7% more repeat investments, than reductions
Existing positions increased: 417 | Existing positions reduced: 391
4.48% less ownership
Funds ownership: 83.59% → 79.11% (-4.5%)
5% less funds holding
Funds holding: 1,100 → 1,043 (-57)
5% less capital invested
Capital invested by funds: $30.6B → $29B (-$1.59B)
39% less funds holding in top 10
Funds holding in top 10: 23 → 14 (-9)
39% less first-time investments, than exits
New positions opened: 73 | Existing positions closed: 120
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$180M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$162M |
| 3 |
PG
Pendal Group
Sydney,
Australia
|
+$104M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$91.1M |
| 5 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$86.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$526M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$465M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$293M |
| 4 |
PCM
Palestra Capital Management
New York
|
-$142M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
-$136M |
LHX Hedge Fund Activity: Q3 2020 in Review
1,043 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in L3Harris (LHX) for Q3 2020, worth a combined $29B — down 5.2% from $30.6B a quarter earlier.
Sellers outnumbered buyers: 120 funds closed out of LHX and 73 opened new positions — a net loss of 47 holders — while 391 trimmed existing stakes and 417 added.
The largest buyer was Diamond Hill Capital Management, opening a new position worth an estimated $180M. The largest seller was Capital Research Global Investors, cutting an estimated $526M.
- 1,043 institutional investors held L3Harris (LHX) as of Q3 2020, down from 1,100 in Q2 2020.
- Funds reported $29B of L3Harris stock for Q3 2020, down 5.2% quarter-over-quarter.
- 73 funds opened new L3Harris positions in Q3 2020 and 120 closed out, a net change of -47 holders.
- The largest L3Harris buyer in Q3 2020 was Diamond Hill Capital Management, an estimated $180M added.
- The largest L3Harris seller in Q3 2020 was Capital Research Global Investors, an estimated $526M sold.
Based on aggregated 13F filings for Q3 2020.