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Logitech

80 hedge funds and large institutions have $594M invested in Logitech in 2013 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more capital invested

Capital invested by funds: $330M → $594M (+$264M)

11% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 19

10% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 20

1% more funds holding

Funds holding: 7980 (+1)

2% more call options, than puts

Call options by funds: $12.1M | Put options by funds: $11.9M

Holders
80
Holders Change
+1
Holders Change %
+1.27%
% of All Funds
2.32%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
21
Increased
22
Reduced
20
Closed
19
Calls
$12.1M
Puts
$11.9M
Net Calls
+$190K
Net Calls Change
+$1.06M
Name Holding Trade Value Shares
Change
Change in
Stake
CS
1
Credit Suisse
Switzerland
$78.4M +$62.3M +5,730,171 New
Fidelity Investments
2
Fidelity Investments
Massachusetts
$67.3M
Franklin Resources
3
Franklin Resources
California
$62.9M +$279K +25,680 +0.6%
Deutsche Bank
4
Deutsche Bank
Germany
$42M -$3.99M -367,484 -11%
Goldman Sachs
5
Goldman Sachs
New York
$40.4M -$7.82M -719,804 -20%
JP Morgan Chase
6
JP Morgan Chase
New York
$34M +$23.3M +2,142,057 +631%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$31.3M +$13.3M +1,225,946 +116%
Credit Agricole
8
Credit Agricole
France
$30.7M -$2.3M -211,292 -9%
SA
9
Smithwood Advisers
California
$27.4M
SIM
10
Stelliam Investment Management
New York
$19.1M +$7.2M +662,500 +90%
U
11
UBS
Switzerland
$17.4M -$866K -79,702 -6%
Coatue Management
12
Coatue Management
New York
$15.4M
Zurich Cantonal Bank
13
Zurich Cantonal Bank
Switzerland
$14.7M +$877K +80,753 +7%
Schroder Investment Management Group
14
Schroder Investment Management Group
United Kingdom
$13.4M +$7.01M +645,000 +195%
Norges Bank
15
Norges Bank
Norway
$12.8M -$51.8M -4,763,171 -84%
PI
16
Putnam Investments
Massachusetts
$8.34M +$6.62M +609,100 New
CA
17
Commerzbank Aktiengesellschaft
Germany
$6.97M +$1.54M +141,714 +47%
CCS
18
Crosspoint Capital Strategies
California
$5.7M +$3.91M +360,032 New
Acadian Asset Management
19
Acadian Asset Management
Massachusetts
$5.6M +$3.07M +282,446 +227%
Barclays
20
Barclays
United Kingdom
$5.46M +$4.56M +419,924 New
Adage Capital Partners
21
Adage Capital Partners
Massachusetts
$5.2M +$3.04M +280,000 +280%
Fidelity International
22
Fidelity International
Bermuda
$4.85M +$3.84M +353,498 New
Macquarie Group
23
Macquarie Group
Australia
$4.8M +$3.81M +350,742 New
Morgan Stanley
24
Morgan Stanley
New York
$3.32M +$1.24M +114,251 +89%
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$3.2M -$233K -21,443 -8%

LOGI Hedge Fund Activity: Q4 2013 in Review

80 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Logitech (LOGI) for Q4 2013, worth a combined $594M — up 80% from $330M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new LOGI positions and 19 closed out — a net gain of 2 holders — while 22 added to existing stakes and 20 trimmed.

The largest buyer was Credit Suisse, opening a new position worth an estimated $62.3M. The largest seller was Norges Bank, cutting an estimated $51.8M.

  • 80 institutional investors held Logitech (LOGI) as of Q4 2013, up from 79 in Q3 2013.
  • Funds reported $594M of Logitech stock for Q4 2013, up 80% quarter-over-quarter.
  • 21 funds opened new Logitech positions in Q4 2013 and 19 closed out, a net change of +2 holders.
  • The largest Logitech buyer in Q4 2013 was Credit Suisse, an estimated $62.3M added.
  • The largest Logitech seller in Q4 2013 was Norges Bank, an estimated $51.8M sold.

Based on aggregated 13F filings for Q4 2013.