Moody's
MCO
431 hedge funds and large institutions have $15.5B invested in Moody's in 2013 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 118 increasing their positions, 181 reducing their positions, and 34 closing their positions.
79% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 34
7% more funds holding in top 10
Funds holding in top 10: 14 → 15 (+1)
6% more funds holding
Funds holding: 406 → 431 (+25)
1.45% more ownership
Funds ownership: 90.57% → 92.02% (+1.5%)
4% less capital invested
Capital invested by funds: $16.2B → $15.5B (-$684M)
35% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 181
39% less call options, than puts
Call options by funds: $48.3M | Put options by funds: $78.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Meritage Group
San Francisco,
California
|
+$119M |
| 2 |
DDC
DF Dent & Co
Baltimore,
Maryland
|
+$68.5M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
+$41.7M |
| 4 |
JCAM
Jericho Capital Asset Management
New York
|
+$39.8M |
| 5 |
Morgan Stanley
New York
|
+$31.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$117M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$104M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$60.6M |
| 4 |
SCA
Southpoint Capital Advisors
New York
|
-$54.9M |
| 5 |
Bank of New York Mellon
New York
|
-$32.7M |
MCO Hedge Fund Activity: Q4 2013 in Review
431 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Moody's (MCO) for Q4 2013, worth a combined $15.5B — down 4.2% from $16.2B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new MCO positions and 34 closed out — a net gain of 27 holders — while 118 added to existing stakes and 181 trimmed.
The largest buyer was Meritage Group, adding an estimated $119M. The largest seller was Fidelity Investments, cutting an estimated $117M.
- 431 institutional investors held Moody's (MCO) as of Q4 2013, up from 406 in Q3 2013.
- Funds reported $15.5B of Moody's stock for Q4 2013, down 4.2% quarter-over-quarter.
- 61 funds opened new Moody's positions in Q4 2013 and 34 closed out, a net change of +27 holders.
- The largest Moody's buyer in Q4 2013 was Meritage Group, an estimated $119M added.
- The largest Moody's seller in Q4 2013 was Fidelity Investments, an estimated $117M sold.
Based on aggregated 13F filings for Q4 2013.