Old Republic International
306 hedge funds and large institutions have $3.33B invested in Old Republic International in 2013 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 110 increasing their positions, 94 reducing their positions, and 19 closing their positions.
105% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 19
35% more call options, than puts
Call options by funds: $1.59M | Put options by funds: $1.18M
17% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 94
13% more capital invested
Capital invested by funds: $2.96B → $3.33B (+$371M)
7% more funds holding
Funds holding: 287 → 306 (+19)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0.28% less ownership
Funds ownership: 73.97% → 73.69% (-0.28%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$28.9M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$17.9M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$15M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$14.4M |
| 5 |
Two Sigma Investments
New York
|
+$14.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$28M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$18.6M |
| 3 |
KBG
Kahn Brothers Group
New York
|
-$15.8M |
| 4 |
JP Morgan Chase
New York
|
-$12.5M |
| 5 |
DSC
Donald Smith & Co
New York
|
-$12.3M |
ORI Hedge Fund Activity: Q4 2013 in Review
306 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Old Republic International (ORI) for Q4 2013, worth a combined $3.33B — up 13% from $2.96B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new ORI positions and 19 closed out — a net gain of 20 holders — while 110 added to existing stakes and 94 trimmed.
The largest buyer was American Century Companies, adding an estimated $28.9M. The largest seller was State Street, cutting an estimated $28M.
- 306 institutional investors held Old Republic International (ORI) as of Q4 2013, up from 287 in Q3 2013.
- Funds reported $3.33B of Old Republic International stock for Q4 2013, up 13% quarter-over-quarter.
- 39 funds opened new Old Republic International positions in Q4 2013 and 19 closed out, a net change of +20 holders.
- The largest Old Republic International buyer in Q4 2013 was American Century Companies, an estimated $28.9M added.
- The largest Old Republic International seller in Q4 2013 was State Street, an estimated $28M sold.
Based on aggregated 13F filings for Q4 2013.