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Logitech

100 hedge funds and large institutions have $862M invested in Logitech in 2014 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 39 increasing their positions, 19 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

167% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 12

105% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 19

48% more call options, than puts

Call options by funds: $29.6M | Put options by funds: $20M

45% more capital invested

Capital invested by funds: $594M → $862M (+$268M)

25% more funds holding

Funds holding: 80100 (+20)

Holders
100
Holders Change
+20
Holders Change %
+25%
% of All Funds
2.89%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
32
Increased
39
Reduced
19
Closed
12
Calls
$29.6M
Puts
$20M
Net Calls
+$9.6M
Net Calls Change
+$9.41M
Name Holding Trade Value Shares
Change
Change in
Stake
Norges Bank
1
Norges Bank
Norway
$136M +$125M +8,169,522 +880%
CS
2
Credit Suisse
Switzerland
$109M +$24.8M +1,620,067 +28%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$72.6M -$616K -40,190 -0.8%
Franklin Resources
4
Franklin Resources
California
$67.5M -$979K -63,865 -1%
Bank of New York Mellon
5
Bank of New York Mellon
New York
$62.7M +$29.6M +1,928,274 +84%
Credit Agricole
6
Credit Agricole
France
$61.8M +$29.3M +1,908,591 +85%
JP Morgan Chase
7
JP Morgan Chase
New York
$45M +$8.24M +537,242 +22%
Deutsche Bank
8
Deutsche Bank
Germany
$41.5M -$4.33M -282,307 -9%
U
9
UBS
Switzerland
$25.2M +$6.53M +426,083 +34%
Zurich Cantonal Bank
10
Zurich Cantonal Bank
Switzerland
$23.4M +$9.88M +644,356 +49%
SA
11
Smithwood Advisers
California
$22.3M -$7.67M -500,000 -25%
SFM
12
Systematic Financial Management
New Jersey
$20M +$18.2M +1,183,540 +727%
Schroder Investment Management Group
13
Schroder Investment Management Group
United Kingdom
$19.5M +$5.05M +329,300 +34%
Acadian Asset Management
14
Acadian Asset Management
Massachusetts
$15.6M +$9.8M +638,817 +157%
Invesco
15
Invesco
Georgia
$13.3M +$13.3M +866,027 +3,307%
Barclays
16
Barclays
United Kingdom
$9.67M +$4.16M +271,004 +65%
Bank of America
17
Bank of America
North Carolina
$8.14M +$6.55M +426,964 +357%
PI
18
Putnam Investments
Massachusetts
$7.23M -$1.9M -123,600 -20%
D.E. Shaw & Co
19
D.E. Shaw & Co
New York
$6.69M +$3.31M +216,051 +93%
LP
20
LMR Partners
United Kingdom
$6.02M +$6.19M +403,672 New
OAM
21
Oxford Asset Management
United Kingdom
$5.96M +$4.92M +320,710 +401%
CA
22
Commerzbank Aktiengesellschaft
Germany
$5.92M -$682K -44,466 -10%
Goldman Sachs
23
Goldman Sachs
New York
$5.83M -$39.3M -2,559,950 -87%
CCS
24
Crosspoint Capital Strategies
California
$5.41M +$47.6K +3,103 +0.9%
Morgan Stanley
25
Morgan Stanley
New York
$5.35M +$1.79M +116,740 +48%

LOGI Hedge Fund Activity: Q1 2014 in Review

100 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Logitech (LOGI) for Q1 2014, worth a combined $862M — up 45% from $594M a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new LOGI positions and 12 closed out — a net gain of 20 holders — while 39 added to existing stakes and 19 trimmed.

The largest buyer was Norges Bank, adding an estimated $125M. The largest seller was Goldman Sachs, cutting an estimated $39.3M.

  • 100 institutional investors held Logitech (LOGI) as of Q1 2014, up from 80 in Q4 2013.
  • Funds reported $862M of Logitech stock for Q1 2014, up 45% quarter-over-quarter.
  • 32 funds opened new Logitech positions in Q1 2014 and 12 closed out, a net change of +20 holders.
  • The largest Logitech buyer in Q1 2014 was Norges Bank, an estimated $125M added.
  • The largest Logitech seller in Q1 2014 was Goldman Sachs, an estimated $39.3M sold.

Based on aggregated 13F filings for Q1 2014.