LORILLARD INC COM STK
LO
LO was delisted on the 11th of June, 2015.
506 hedge funds and large institutions have $16B invested in LORILLARD INC COM STK in 2013 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 219 increasing their positions, 163 reducing their positions, and 46 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 219 | Existing positions reduced: 163
24% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 46
2% more funds holding
Funds holding: 498 → 506 (+8)
3% more capital invested
Capital invested by funds: $15.4B → $16B (+$535M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
45% less call options, than puts
Call options by funds: $130M | Put options by funds: $239M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$201M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$122M |
| 3 |
Calamos Advisors
Naperville,
Illinois
|
+$102M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$69M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
+$68.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$195M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$176M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$124M |
| 4 |
SBAM
Santa Barbara Asset Management
Los Angeles,
California
|
-$115M |
| 5 |
Renaissance Technologies
New York
|
-$89.9M |
LO Hedge Fund Activity: Q3 2013 in Review
506 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in LORILLARD INC COM STK (LO) for Q3 2013, worth a combined $16B — up 3.5% from $15.4B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new LO positions and 46 closed out — a net gain of 11 holders — while 219 added to existing stakes and 163 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $201M. The largest seller was First Eagle Investment Management, cutting an estimated $195M.
- 506 institutional investors held LORILLARD INC COM STK (LO) as of Q3 2013, up from 498 in Q2 2013.
- Funds reported $16B of LORILLARD INC COM STK stock for Q3 2013, up 3.5% quarter-over-quarter.
- 57 funds opened new LORILLARD INC COM STK positions in Q3 2013 and 46 closed out, a net change of +11 holders.
- The largest LORILLARD INC COM STK buyer in Q3 2013 was Fidelity Investments, an estimated $201M added.
- The largest LORILLARD INC COM STK seller in Q3 2013 was First Eagle Investment Management, an estimated $195M sold.
Based on aggregated 13F filings for Q3 2013.