Old Republic International
287 hedge funds and large institutions have $2.95B invested in Old Republic International in 2013 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 97 increasing their positions, 94 reducing their positions, and 24 closing their positions.
88% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 24
18% more capital invested
Capital invested by funds: $2.49B → $2.95B (+$458M)
7% more funds holding
Funds holding: 268 → 287 (+19)
3% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 94
1% more call options, than puts
Call options by funds: $336K | Put options by funds: $332K
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0.3% less ownership
Funds ownership: 74.27% → 73.97% (-0.3%)
Top Buyers
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$26.1M |
| 2 |
CCM
Corsair Capital Management
New York
|
-$18.8M |
| 3 |
TGI
Tradewinds Global Investors
Los Angeles,
California
|
-$17M |
| 4 |
Renaissance Technologies
New York
|
-$16.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EMG
301
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$302K | -23,500 | Closed |
|
|
DTL
302
Dynamic Technology Lab
Singapore
| – | -$266K | -20,698 | Closed |
|
|
RJFSA
303
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$260K | -20,222 | Closed |
|
|
SCM
304
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$209K | -16,247 | Closed |
|
|
TC
305
TFS Capital
West Chester,
Pennsylvania
| – | -$205K | -15,952 | Closed |
|
306
Rafferty Asset Management
New York
| – | -$137K | -10,649 | Closed |
|
|
CCMG
307
Clark Capital Management Group
Philadelphia,
Pennsylvania
| – | -$133K | -10,360 | Closed |
|
|
WS
308
Wedbush Securities
Los Angeles,
California
| – | -$133K | -10,296 | Closed |
|
|
HIM
309
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$112K | -8,700 | Closed |
|
|
AAC
310
Asset Advisors Corp
Augusta,
Georgia
| – | -$13K | -1,000 | Closed |
|
|
HI
311
Hudock Inc
Williamsport,
Pennsylvania
| – | -$10K | -750 | Closed |
|
|
FWM
312
Focused Wealth Management
Newburgh,
New York
| – | +$72 | +5 | New |
|
ORI Hedge Fund Activity: Q3 2013 in Review
287 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Old Republic International (ORI) for Q3 2013, worth a combined $2.95B — up 18% from $2.49B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new ORI positions and 24 closed out — a net gain of 21 holders — while 97 added to existing stakes and 94 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $65.4M. The largest seller was Morgan Stanley, cutting an estimated $26.1M.
- 287 institutional investors held Old Republic International (ORI) as of Q3 2013, up from 268 in Q2 2013.
- Funds reported $2.95B of Old Republic International stock for Q3 2013, up 18% quarter-over-quarter.
- 45 funds opened new Old Republic International positions in Q3 2013 and 24 closed out, a net change of +21 holders.
- The largest Old Republic International buyer in Q3 2013 was BlackRock Fund Advisors, an estimated $65.4M added.
- The largest Old Republic International seller in Q3 2013 was Morgan Stanley, an estimated $26.1M sold.
Based on aggregated 13F filings for Q3 2013.