Northrop Grumman
NOC
673 hedge funds and large institutions have $24.7B invested in Northrop Grumman in 2014 Q4 according to their latest regulatory filings, with 99 funds opening new positions, 170 increasing their positions, 285 reducing their positions, and 44 closing their positions.
125% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 44
33% more funds holding in top 10
Funds holding in top 10: 15 → 20 (+5)
8% more capital invested
Capital invested by funds: $22.8B → $24.7B (+$1.87B)
7% more funds holding
Funds holding: 627 → 673 (+46)
0.42% less ownership
Funds ownership: 83.5% → 83.08% (-0.42%)
40% less repeat investments, than reductions
Existing positions increased: 170 | Existing positions reduced: 285
44% less call options, than puts
Call options by funds: $93.9M | Put options by funds: $169M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$151M |
| 2 |
First Eagle Investment Management
New York
|
+$148M |
| 3 |
MAM
Marketfield Asset Management
New York
|
+$145M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$108M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$88.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$132M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$130M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$105M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$103M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$99.5M |
NOC Hedge Fund Activity: Q4 2014 in Review
673 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Northrop Grumman (NOC) for Q4 2014, worth a combined $24.7B — up 8.2% from $22.8B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new NOC positions and 44 closed out — a net gain of 55 holders — while 170 added to existing stakes and 285 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $151M. The largest seller was AJO LP, cutting an estimated $132M.
- 673 institutional investors held Northrop Grumman (NOC) as of Q4 2014, up from 627 in Q3 2014.
- Funds reported $24.7B of Northrop Grumman stock for Q4 2014, up 8.2% quarter-over-quarter.
- 99 funds opened new Northrop Grumman positions in Q4 2014 and 44 closed out, a net change of +55 holders.
- The largest Northrop Grumman buyer in Q4 2014 was AllianceBernstein, an estimated $151M added.
- The largest Northrop Grumman seller in Q4 2014 was AJO LP, an estimated $132M sold.
Based on aggregated 13F filings for Q4 2014.