Logitech
LOGI
79 hedge funds and large institutions have $330M invested in Logitech in 2013 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 24 increasing their positions, 19 reducing their positions, and 9 closing their positions.
144% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 9
26% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 19
20% more funds holding
Funds holding: 66 → 79 (+13)
2% less capital invested
Capital invested by funds: $336M → $330M (-$6.18M)
20% less call options, than puts
Call options by funds: $3.57M | Put options by funds: $4.44M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
Smithwood Advisers
Los Angeles,
California
|
+$14.9M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$13.4M |
| 3 |
SIM
Stelliam Investment Management
New York
|
+$5.49M |
| 4 |
Zurich Cantonal Bank
Zurich,
Switzerland
|
+$4.97M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$4.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$102M |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$12.8M |
| 3 |
VM
Valinor Management
New York
|
-$9.15M |
| 4 |
RA
Royce & Associates
New York
|
-$9.07M |
| 5 |
JP Morgan Chase
New York
|
-$4.42M |
LOGI Hedge Fund Activity: Q3 2013 in Review
79 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Logitech (LOGI) for Q3 2013, worth a combined $330M — down 1.8% from $336M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new LOGI positions and 9 closed out — a net gain of 13 holders — while 24 added to existing stakes and 19 trimmed.
The largest buyer was Smithwood Advisers, opening a new position worth an estimated $14.9M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $102M sold.
- 79 institutional investors held Logitech (LOGI) as of Q3 2013, up from 66 in Q2 2013.
- Funds reported $330M of Logitech stock for Q3 2013, down 1.8% quarter-over-quarter.
- 22 funds opened new Logitech positions in Q3 2013 and 9 closed out, a net change of +13 holders.
- The largest Logitech buyer in Q3 2013 was Smithwood Advisers, an estimated $14.9M added.
- The largest Logitech seller in Q3 2013 was Capital Research Global Investors, an estimated $102M sold.
Based on aggregated 13F filings for Q3 2013.