Northrop Grumman
NOC
638 hedge funds and large institutions have $22.6B invested in Northrop Grumman in 2014 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 175 increasing their positions, 280 reducing their positions, and 40 closing their positions.
65% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 40
5% more capital invested
Capital invested by funds: $21.4B → $22.6B (+$1.15B)
3% more funds holding
Funds holding: 620 → 638 (+18)
0% more call options, than puts
Call options by funds: $80.6M | Put options by funds: $80.4M
0.26% more ownership
Funds ownership: 84.34% → 84.6% (+0.26%)
18% less funds holding in top 10
Funds holding in top 10: 17 → 14 (-3)
38% less repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 280
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$167M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$93.6M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$80.9M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$69.9M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$63.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$113M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$95.1M |
| 3 |
State Street
Boston,
Massachusetts
|
-$93.9M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$81.6M |
| 5 |
First Eagle Investment Management
New York
|
-$59.9M |
NOC Hedge Fund Activity: Q1 2014 in Review
638 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Northrop Grumman (NOC) for Q1 2014, worth a combined $22.6B — up 5.4% from $21.4B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new NOC positions and 40 closed out — a net gain of 26 holders — while 175 added to existing stakes and 280 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $167M. The largest seller was Massachusetts Financial Services, cutting an estimated $113M.
- 638 institutional investors held Northrop Grumman (NOC) as of Q1 2014, up from 620 in Q4 2013.
- Funds reported $22.6B of Northrop Grumman stock for Q1 2014, up 5.4% quarter-over-quarter.
- 66 funds opened new Northrop Grumman positions in Q1 2014 and 40 closed out, a net change of +26 holders.
- The largest Northrop Grumman buyer in Q1 2014 was JP Morgan Chase, an estimated $167M added.
- The largest Northrop Grumman seller in Q1 2014 was Massachusetts Financial Services, an estimated $113M sold.
Based on aggregated 13F filings for Q1 2014.