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Northrop Grumman

572 hedge funds and large institutions have $18.8B invested in Northrop Grumman in 2013 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 177 increasing their positions, 235 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

85% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 34

33% more funds holding in top 10

Funds holding in top 10: 1216 (+4)

11% more capital invested

Capital invested by funds: $17B → $18.8B (+$1.82B)

5% more funds holding

Funds holding: 547572 (+25)

1.79% less ownership

Funds ownership: 87.85%86.05% (-1.8%)

17% less call options, than puts

Call options by funds: $90M | Put options by funds: $109M

25% less repeat investments, than reductions

Existing positions increased: 177 | Existing positions reduced: 235

Holders
572
Holders Change
+25
Holders Change %
+4.57%
% of All Funds
18.54%
Holding in Top 10
16
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+33.33%
% of All Funds
0.52%
New
63
Increased
177
Reduced
235
Closed
34
Calls
$90M
Puts
$109M
Net Calls
-$18.6M
Net Calls Change
-$76.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Prudential Financial
26
Prudential Financial
New Jersey
$171M -$843K -9,119 -0.5%
JP Morgan Chase
27
JP Morgan Chase
New York
$161M -$2.92M -31,563 -2%
Geode Capital Management
28
Geode Capital Management
Massachusetts
$155M +$1.44M +15,562 +1%
Ameriprise
29
Ameriprise
Minnesota
$155M -$143M -1,547,321 -49%
AQR Capital Management
30
AQR Capital Management
Connecticut
$150M -$18.3M -198,487 -11%
Charles Schwab
31
Charles Schwab
California
$130M +$721K +7,803 +0.6%
Franklin Resources
32
Franklin Resources
California
$121M -$4.8M -51,880 -4%
RFC
33
Russell Frank Company
Washington
$113M -$6.52M -70,490 -6%
MAA
34
Managed Account Advisors
New Jersey
$111M -$16M -172,932 -13%
Schroder Investment Management Group
35
Schroder Investment Management Group
United Kingdom
$106M -$21.4M -231,460 -17%
Axa
36
Axa
France
$105M -$9.53M -103,132 -9%
Credit Agricole
37
Credit Agricole
France
$105M +$102M +1,098,438 New
Legal & General Group
38
Legal & General Group
United Kingdom
$104M -$343K -3,706 -0.3%
American Century Companies
39
American Century Companies
Missouri
$104M -$84.5M -913,920 -46%
Hotchkis & Wiley Capital Management
40
Hotchkis & Wiley Capital Management
California
$103M -$2.15M -23,300 -2%
Morgan Stanley
41
Morgan Stanley
New York
$95.3M +$33.1M +357,678 +56%
Loomis, Sayles & Company
42
Loomis, Sayles & Company
Massachusetts
$85.4M -$8.98M -97,199 -10%
OSAM
43
O'Shaughnessy Asset Management
Connecticut
$85M -$1.19M -12,882 -1%
Pzena Investment Management
44
Pzena Investment Management
New York
$84.8M -$275M -2,973,384 -77%
New York State Common Retirement Fund
45
New York State Common Retirement Fund
New York
$83.9M -$9.62M -104,115 -11%
ARC
46
Absolute Return Capital
Massachusetts
$82.4M -$26.5M -286,987 -25%
UBS AM
47
UBS AM
Illinois
$82.4M -$11.3M -122,215 -12%
BlackRock
48
BlackRock
New York
$81.1M +$17.2M +186,532 +28%
WCM
49
Wedge Capital Management
North Carolina
$80.6M -$6.93M -74,986 -8%
TCIM
50
TIAA CREF Investment Management
New York
$77.7M -$1.23M -13,271 -2%

NOC Hedge Fund Activity: Q3 2013 in Review

572 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Northrop Grumman (NOC) for Q3 2013, worth a combined $18.8B — up 11% from $17B a quarter earlier.

Buyers outnumbered sellers: 63 funds opened new NOC positions and 34 closed out — a net gain of 29 holders — while 177 added to existing stakes and 235 trimmed.

The largest buyer was Bank of America, adding an estimated $232M. The largest seller was Harris Associates, exiting entirely with an estimated $396M sold.

  • 572 institutional investors held Northrop Grumman (NOC) as of Q3 2013, up from 547 in Q2 2013.
  • Funds reported $18.8B of Northrop Grumman stock for Q3 2013, up 11% quarter-over-quarter.
  • 63 funds opened new Northrop Grumman positions in Q3 2013 and 34 closed out, a net change of +29 holders.
  • The largest Northrop Grumman buyer in Q3 2013 was Bank of America, an estimated $232M added.
  • The largest Northrop Grumman seller in Q3 2013 was Harris Associates, an estimated $396M sold.

Based on aggregated 13F filings for Q3 2013.