Insperity
131 hedge funds and large institutions have $652M invested in Insperity in 2014 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 43 increasing their positions, 51 reducing their positions, and 29 closing their positions.
63% more call options, than puts
Call options by funds: $833K | Put options by funds: $511K
3.62% less ownership
Funds ownership: 168.73% → 165.11% (-3.6%)
10% less funds holding
Funds holding: 145 → 131 (-14)
16% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 51
16% less capital invested
Capital invested by funds: $779M → $652M (-$127M)
41% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 29
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$21.2M |
| 2 |
Parnassus Investments
San Francisco,
California
|
+$9.91M |
| 3 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
+$7.91M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$7.16M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Walthausen & Co
Malta,
New York
|
-$13.1M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$10.9M |
| 3 |
JP Morgan Chase
New York
|
-$6.52M |
| 4 |
QBFM
QS Batterymarch Financial Management
New York
|
-$4.71M |
| 5 |
Bank of New York Mellon
New York
|
-$4.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Millennium Management
New York
| – | -$277K | -15,306 | Closed |
|
152
Acadian Asset Management
Boston,
Massachusetts
| – | -$258K | -14,294 | Closed |
|
|
GT
153
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$238K | -13,202 | Closed |
|
|
CD
154
Carl Domino
West Palm Beach,
Florida
| – | -$217K | -12,000 | Closed |
|
155
KBC Group
Brussels,
Belgium
| – | -$84K | -4,668 | Closed |
|
|
GGPS
156
Gary Goldberg Planning Services
Suffern,
New York
| – | -$54.8K | -3,546 | -100% |
|
157
Schroder Investment Management Group
London,
United Kingdom
| – | -$25.3K | -1,400 | Closed |
|
158
BNP Paribas Financial Markets
Paris,
France
| – | -$10.5K | -582 | Closed |
|
|
OSAM
159
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$5K | -264 | Closed |
|
|
WEC
160
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$2K | -122 | Closed |
|
NSP Hedge Fund Activity: Q1 2014 in Review
131 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Insperity (NSP) for Q1 2014, worth a combined $652M — down 16% from $779M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of NSP and 17 opened new positions — a net loss of 12 holders — while 51 trimmed existing stakes and 43 added.
The largest buyer was Vulcan Value Partners, adding an estimated $21.2M. The largest seller was Walthausen & Co, exiting entirely with an estimated $13.1M sold.
- 131 institutional investors held Insperity (NSP) as of Q1 2014, down from 145 in Q4 2013.
- Funds reported $652M of Insperity stock for Q1 2014, down 16% quarter-over-quarter.
- 17 funds opened new Insperity positions in Q1 2014 and 29 closed out, a net change of -12 holders.
- The largest Insperity buyer in Q1 2014 was Vulcan Value Partners, an estimated $21.2M added.
- The largest Insperity seller in Q1 2014 was Walthausen & Co, an estimated $13.1M sold.
Based on aggregated 13F filings for Q1 2014.