Northrop Grumman
620 hedge funds and large institutions have $21.4B invested in Northrop Grumman in 2013 Q4 according to their latest regulatory filings, with 82 funds opening new positions, 161 increasing their positions, 283 reducing their positions, and 27 closing their positions.
204% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 27
14% more capital invested
Capital invested by funds: $18.8B → $21.4B (+$2.62B)
8% more funds holding
Funds holding: 572 → 620 (+48)
6% more funds holding in top 10
Funds holding in top 10: 16 → 17 (+1)
1.71% less ownership
Funds ownership: 86.05% → 84.34% (-1.7%)
43% less repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 283
82% less call options, than puts
Call options by funds: $60.9M | Put options by funds: $336M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$103M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$93.7M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$81.7M |
| 4 |
Goldman Sachs
New York
|
+$55.3M |
| 5 |
Morgan Stanley
New York
|
+$43.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
-$294M |
| 2 |
First Eagle Investment Management
New York
|
-$210M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$136M |
| 4 |
Pzena Investment Management
New York
|
-$93.3M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$90.1M |
NOC Hedge Fund Activity: Q4 2013 in Review
620 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Northrop Grumman (NOC) for Q4 2013, worth a combined $21.4B — up 14% from $18.8B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new NOC positions and 27 closed out — a net gain of 55 holders — while 161 added to existing stakes and 283 trimmed.
The largest buyer was Bank of America, adding an estimated $103M. The largest seller was American International Group, cutting an estimated $294M.
- 620 institutional investors held Northrop Grumman (NOC) as of Q4 2013, up from 572 in Q3 2013.
- Funds reported $21.4B of Northrop Grumman stock for Q4 2013, up 14% quarter-over-quarter.
- 82 funds opened new Northrop Grumman positions in Q4 2013 and 27 closed out, a net change of +55 holders.
- The largest Northrop Grumman buyer in Q4 2013 was Bank of America, an estimated $103M added.
- The largest Northrop Grumman seller in Q4 2013 was American International Group, an estimated $294M sold.
Based on aggregated 13F filings for Q4 2013.