Old Republic International
293 hedge funds and large institutions have $2.65B invested in Old Republic International in 2014 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 104 increasing their positions, 106 reducing their positions, and 33 closing their positions.
73% more call options, than puts
Call options by funds: $1.83M | Put options by funds: $1.06M
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
2% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 106
6% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 33
2% less funds holding
Funds holding: 299 → 293 (-6)
2.74% less ownership
Funds ownership: 73.66% → 70.92% (-2.7%)
17% less capital invested
Capital invested by funds: $3.18B → $2.65B (-$535M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
M&T Bank
Buffalo,
New York
|
+$23.2M |
| 2 |
AC
Alleghany Corporation
New York
|
+$10.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$7.4M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$6.9M |
| 5 |
Millennium Management
New York
|
+$6.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$33.4M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$25.5M |
| 3 |
State Street
Boston,
Massachusetts
|
-$25.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$20.4M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$14.8M |
ORI Hedge Fund Activity: Q3 2014 in Review
293 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Old Republic International (ORI) for Q3 2014, worth a combined $2.65B — down 17% from $3.18B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of ORI and 31 opened new positions — a net loss of 2 holders — while 106 trimmed existing stakes and 104 added.
The largest buyer was M&T Bank, adding an estimated $23.2M. The largest seller was Norges Bank, cutting an estimated $33.4M.
- 293 institutional investors held Old Republic International (ORI) as of Q3 2014, down from 299 in Q2 2014.
- Funds reported $2.65B of Old Republic International stock for Q3 2014, down 17% quarter-over-quarter.
- 31 funds opened new Old Republic International positions in Q3 2014 and 33 closed out, a net change of -2 holders.
- The largest Old Republic International buyer in Q3 2014 was M&T Bank, an estimated $23.2M added.
- The largest Old Republic International seller in Q3 2014 was Norges Bank, an estimated $33.4M sold.
Based on aggregated 13F filings for Q3 2014.