Insperity
145 hedge funds and large institutions have $779M invested in Insperity in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 52 increasing their positions, 57 reducing their positions, and 11 closing their positions.
144% more call options, than puts
Call options by funds: $2.49M | Put options by funds: $1.02M
1.6% more ownership
Funds ownership: 167.12% → 168.73% (+1.6%)
1% less funds holding
Funds holding: 146 → 145 (-1)
2% less capital invested
Capital invested by funds: $797M → $779M (-$18.3M)
9% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 57
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$41.1M |
| 2 |
GAM
Gotham Asset Management
New York
|
+$3.79M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$3.21M |
| 4 |
Neuberger Berman Group
New York
|
+$2.92M |
| 5 |
PPCP
Pivot Point Capital Partners
San Francisco,
California
|
+$2.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
-$13.1M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$13.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.44M |
| 4 |
Parnassus Investments
San Francisco,
California
|
-$3.7M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$2.91M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
First Trust Advisors
Wheaton,
Illinois
| – | -$378K | -20,130 | Closed |
|
|
PP
152
PDT Partners
New York
| – | -$358K | -19,046 | Closed |
|
153
Wellington Management Group
Boston,
Massachusetts
| – | -$346K | -18,400 | Closed |
|
154
SG Americas Securities
New York
| – | -$239K | -12,696 | Closed |
|
155
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$19K | -1,006 | Closed |
|
NSP Hedge Fund Activity: Q4 2013 in Review
145 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Insperity (NSP) for Q4 2013, worth a combined $779M — down 2.3% from $797M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NSP and 10 opened new positions — a net loss of 1 holder — while 57 trimmed existing stakes and 52 added.
The largest buyer was Vulcan Value Partners, adding an estimated $41.1M. The largest seller was Stadium Capital Management, cutting an estimated $13.1M.
- 145 institutional investors held Insperity (NSP) as of Q4 2013, down from 146 in Q3 2013.
- Funds reported $779M of Insperity stock for Q4 2013, down 2.3% quarter-over-quarter.
- 10 funds opened new Insperity positions in Q4 2013 and 11 closed out, a net change of -1 holder.
- The largest Insperity buyer in Q4 2013 was Vulcan Value Partners, an estimated $41.1M added.
- The largest Insperity seller in Q4 2013 was Stadium Capital Management, an estimated $13.1M sold.
Based on aggregated 13F filings for Q4 2013.