Northrop Grumman
623 hedge funds and large institutions have $21.3B invested in Northrop Grumman in 2014 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 197 increasing their positions, 264 reducing their positions, and 51 closing their positions.
15% more call options, than puts
Call options by funds: $95M | Put options by funds: $82.4M
1.35% less ownership
Funds ownership: 84.6% → 83.25% (-1.3%)
2% less funds holding
Funds holding: 638 → 623 (-15)
6% less capital invested
Capital invested by funds: $22.6B → $21.3B (-$1.28B)
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
20% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 51
25% less repeat investments, than reductions
Existing positions increased: 197 | Existing positions reduced: 264
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$291M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$52.2M |
| 3 |
Renaissance Technologies
New York
|
+$50.7M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$49.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$46.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$177M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$95M |
| 3 |
Credit Agricole
Montrouge Cedex,
France
|
-$94.7M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$89.2M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$88.9M |
NOC Hedge Fund Activity: Q2 2014 in Review
623 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Northrop Grumman (NOC) for Q2 2014, worth a combined $21.3B — down 5.7% from $22.6B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of NOC and 41 opened new positions — a net loss of 10 holders — while 264 trimmed existing stakes and 197 added.
The largest buyer was Wellington Management Group, adding an estimated $291M. The largest seller was Deutsche Bank, cutting an estimated $177M.
- 623 institutional investors held Northrop Grumman (NOC) as of Q2 2014, down from 638 in Q1 2014.
- Funds reported $21.3B of Northrop Grumman stock for Q2 2014, down 5.7% quarter-over-quarter.
- 41 funds opened new Northrop Grumman positions in Q2 2014 and 51 closed out, a net change of -10 holders.
- The largest Northrop Grumman buyer in Q2 2014 was Wellington Management Group, an estimated $291M added.
- The largest Northrop Grumman seller in Q2 2014 was Deutsche Bank, an estimated $177M sold.
Based on aggregated 13F filings for Q2 2014.