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Old Republic International

429 hedge funds and large institutions have $5.2B invested in Old Republic International in 2019 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 135 increasing their positions, 146 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

103% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 34

88% more call options, than puts

Call options by funds: $2.39M | Put options by funds: $1.27M

6% more funds holding

Funds holding: 404429 (+25)

0.38% more ownership

Funds ownership: 76.39%76.77% (+0.38%)

4% less capital invested

Capital invested by funds: $5.44B → $5.2B (-$240M)

8% less repeat investments, than reductions

Existing positions increased: 135 | Existing positions reduced: 146

33% less funds holding in top 10

Funds holding in top 10: 64 (-2)

Holders
429
Holders Change
+25
Holders Change %
+6.19%
% of All Funds
8.45%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.08%
New
69
Increased
135
Reduced
146
Closed
34
Calls
$2.39M
Puts
$1.27M
Net Calls
+$1.12M
Net Calls Change
-$1.63M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$742M +$5.58M +245,162 +0.7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$620M +$9.71M +426,713 +2%
State Street
3
State Street
Massachusetts
$476M -$6.52M -286,289 -1%
Victory Capital Management
4
Victory Capital Management
Texas
$161M +$63.8M +2,804,311 +64%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$155M -$2.18M -95,862 -1%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$131M +$86.8M +3,813,092 +189%
Franklin Resources
7
Franklin Resources
California
$124M -$890K -39,118 -0.7%
AL
8
AJO LP
Pennsylvania
$112M -$17.5M -767,577 -13%
Renaissance Technologies
9
Renaissance Technologies
New York
$98.9M -$35.4M -1,555,573 -26%
Citadel Advisors
10
Citadel Advisors
Florida
$98M -$20.2M -888,170 -17%
APG Asset Management
11
APG Asset Management
Netherlands
$97.1M +$5.09M +223,534 +5%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$93.5M +$1.42M +62,422 +2%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$89.4M -$10.7M -468,240 -11%
AQR Capital Management
14
AQR Capital Management
Connecticut
$76.3M +$5.34M +234,418 +7%
Robeco Institutional Asset Management
15
Robeco Institutional Asset Management
Netherlands
$72.8M -$410K -18,006 -0.6%
HCM
16
Hamlin Capital Management
New York
$72.1M +$316K +13,904 +0.4%
Norges Bank
17
Norges Bank
Norway
$72M
Invesco
18
Invesco
Georgia
$71.5M +$10.7M +468,079 +17%
AC
19
Alleghany Corporation
New York
$68.8M
VNIM
20
Vaughan Nelson Investment Management
Texas
$58.5M +$59.6M +2,617,125 New
Goldman Sachs
21
Goldman Sachs
New York
$54.2M -$6.33M -278,147 -10%
Northern Trust
22
Northern Trust
Illinois
$51.5M +$424K +18,626 +0.8%
RJA
23
Raymond James & Associates
Florida
$47.2M +$5.71M +250,921 +13%
NIMC
24
NWQ Investment Management Company
California
$45.6M +$27.4M +1,205,448 +145%
AllianceBernstein
25
AllianceBernstein
Tennessee
$41.9M -$44.3M -1,946,139 -51%

ORI Hedge Fund Activity: Q4 2019 in Review

429 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Old Republic International (ORI) for Q4 2019, worth a combined $5.2B — down 4.4% from $5.44B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new ORI positions and 34 closed out — a net gain of 35 holders — while 135 added to existing stakes and 146 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $86.8M. The largest seller was AllianceBernstein, cutting an estimated $44.3M.

  • 429 institutional investors held Old Republic International (ORI) as of Q4 2019, up from 404 in Q3 2019.
  • Funds reported $5.2B of Old Republic International stock for Q4 2019, down 4.4% quarter-over-quarter.
  • 69 funds opened new Old Republic International positions in Q4 2019 and 34 closed out, a net change of +35 holders.
  • The largest Old Republic International buyer in Q4 2019 was Fidelity Investments, an estimated $86.8M added.
  • The largest Old Republic International seller in Q4 2019 was AllianceBernstein, an estimated $44.3M sold.

Based on aggregated 13F filings for Q4 2019.