Old Republic International
367 hedge funds and large institutions have $4.23B invested in Old Republic International in 2017 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 142 increasing their positions, 109 reducing their positions, and 24 closing their positions.
154% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 24
30% more repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 109
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
13% more capital invested
Capital invested by funds: $3.74B → $4.23B (+$486M)
10% more funds holding
Funds holding: 334 → 367 (+33)
3.01% more ownership
Funds ownership: 71.99% → 75% (+3%)
29% less call options, than puts
Call options by funds: $1.64M | Put options by funds: $2.32M
Top Buyers
| 1 |
State Street
Boston,
Massachusetts
|
+$28.9M |
| 2 |
Renaissance Technologies
New York
|
+$25.7M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$23.8M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
+$16.1M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$15.9M |
Top Sellers
| 1 |
MWNA
Marshall Wace North America
New York
|
-$20M |
| 2 |
Morgan Stanley
New York
|
-$17.2M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
-$11.3M |
| 4 |
Millennium Management
New York
|
-$10.7M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$10.6M |
ORI Hedge Fund Activity: Q4 2017 in Review
367 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Old Republic International (ORI) for Q4 2017, worth a combined $4.23B — up 13% from $3.74B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new ORI positions and 24 closed out — a net gain of 37 holders — while 142 added to existing stakes and 109 trimmed.
The largest buyer was State Street, adding an estimated $28.9M. The largest seller was Marshall Wace North America, cutting an estimated $20M.
- 367 institutional investors held Old Republic International (ORI) as of Q4 2017, up from 334 in Q3 2017.
- Funds reported $4.23B of Old Republic International stock for Q4 2017, up 13% quarter-over-quarter.
- 61 funds opened new Old Republic International positions in Q4 2017 and 24 closed out, a net change of +37 holders.
- The largest Old Republic International buyer in Q4 2017 was State Street, an estimated $28.9M added.
- The largest Old Republic International seller in Q4 2017 was Marshall Wace North America, an estimated $20M sold.
Based on aggregated 13F filings for Q4 2017.