NORTEK INC COM NEW (DE)
NTK
NTK was delisted on the 30th of August, 2016.
75 hedge funds and large institutions have $715M invested in NORTEK INC COM NEW (DE) in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 34 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
1% more funds holding
Funds holding: 74 → 75 (+1)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
50% less capital invested
Capital invested by funds: $1.42B → $715M (-$706M)
50% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
+$13.1M |
| 2 |
GCM
Gates Capital Management
New York
|
+$12.6M |
| 3 |
PAAMCP
Pacific Alternative Asset Management Company (PAAMCO)
Irvine,
California
|
+$1.92M |
| 4 |
Renaissance Technologies
New York
|
+$1.67M |
| 5 |
SI
Standard Investments
New York
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
-$557M |
| 2 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
-$14.5M |
| 3 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$4.54M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.92M |
| 5 |
Credit Agricole
Montrouge Cedex,
France
|
-$3.72M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AM
76
Ares Management
Los Angeles,
California
| – | -$557M | -6,201,258 | Closed |
|
|
LOAMU
77
Lombard Odier Asset Management (USA)
New York
| – | -$14.5M | -161,490 | Closed |
|
|
78
Credit Agricole
Montrouge Cedex,
France
| – | -$3.72M | -41,418 | Closed |
|
79
Los Angeles Capital Management
Los Angeles,
California
| – | -$392K | -4,369 | Closed |
|
80
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$305K | -3,397 | Closed |
|
81
Prudential Financial
Newark,
New Jersey
| – | -$294K | -3,270 | Closed |
|
|
VFA
82
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$70K | -778 | Closed |
|
NTK Hedge Fund Activity: Q3 2014 in Review
75 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in NORTEK INC COM NEW (DE) (NTK) for Q3 2014, worth a combined $715M — down 50% from $1.42B a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NTK positions and 7 closed out — a net gain of 1 holder — while 17 added to existing stakes and 34 trimmed.
The largest buyer was Silver Point Capital, adding an estimated $13.1M. The largest seller was Ares Management, exiting entirely with an estimated $557M sold.
- 75 institutional investors held NORTEK INC COM NEW (DE) (NTK) as of Q3 2014, up from 74 in Q2 2014.
- Funds reported $715M of NORTEK INC COM NEW (DE) stock for Q3 2014, down 50% quarter-over-quarter.
- 8 funds opened new NORTEK INC COM NEW (DE) positions in Q3 2014 and 7 closed out, a net change of +1 holder.
- The largest NORTEK INC COM NEW (DE) buyer in Q3 2014 was Silver Point Capital, an estimated $13.1M added.
- The largest NORTEK INC COM NEW (DE) seller in Q3 2014 was Ares Management, an estimated $557M sold.
Based on aggregated 13F filings for Q3 2014.