Northrop Grumman
NOC
804 hedge funds and large institutions have $30.3B invested in Northrop Grumman in 2016 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 282 increasing their positions, 303 reducing their positions, and 58 closing their positions.
7% less repeat investments, than reductions
Existing positions increased: 282 | Existing positions reduced: 303
3% less funds holding
Funds holding: 826 → 804 (-22)
2.85% less ownership
Funds ownership: 83.62% → 80.78% (-2.8%)
10% less capital invested
Capital invested by funds: $33.5B → $30.3B (-$3.26B)
19% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 58
39% less call options, than puts
Call options by funds: $150M | Put options by funds: $246M
48% less funds holding in top 10
Funds holding in top 10: 31 → 16 (-15)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$263M |
| 2 |
JP Morgan Chase
New York
|
+$116M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$70.9M |
| 4 |
Goldman Sachs
New York
|
+$59.6M |
| 5 |
Renaissance Technologies
New York
|
+$53.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$710M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$588M |
| 3 |
First Eagle Investment Management
New York
|
-$203M |
| 4 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$130M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$106M |
NOC Hedge Fund Activity: Q3 2016 in Review
804 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Northrop Grumman (NOC) for Q3 2016, worth a combined $30.3B — down 9.7% from $33.5B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of NOC and 47 opened new positions — a net loss of 11 holders — while 303 trimmed existing stakes and 282 added.
The largest buyer was Fidelity Investments, adding an estimated $263M. The largest seller was Macquarie Group, cutting an estimated $710M.
- 804 institutional investors held Northrop Grumman (NOC) as of Q3 2016, down from 826 in Q2 2016.
- Funds reported $30.3B of Northrop Grumman stock for Q3 2016, down 9.7% quarter-over-quarter.
- 47 funds opened new Northrop Grumman positions in Q3 2016 and 58 closed out, a net change of -11 holders.
- The largest Northrop Grumman buyer in Q3 2016 was Fidelity Investments, an estimated $263M added.
- The largest Northrop Grumman seller in Q3 2016 was Macquarie Group, an estimated $710M sold.
Based on aggregated 13F filings for Q3 2016.