Parker-Hannifin
569 hedge funds and large institutions have $15.5B invested in Parker-Hannifin in 2014 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 176 increasing their positions, 233 reducing their positions, and 43 closing their positions.
65% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 43
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
13% more capital invested
Capital invested by funds: $13.7B → $15.5B (+$1.76B)
4% more funds holding
Funds holding: 548 → 569 (+21)
7% less call options, than puts
Call options by funds: $32M | Put options by funds: $34.3M
2.82% less ownership
Funds ownership: 80.75% → 77.93% (-2.8%)
24% less repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 233
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$117M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$64.7M |
| 3 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$57.2M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$54.1M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$49.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
-$147M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$109M |
| 3 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$82.5M |
| 4 |
CM
Castleark Management
Chicago,
Illinois
|
-$78.1M |
| 5 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
-$74.3M |
PH Hedge Fund Activity: Q4 2014 in Review
569 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Parker-Hannifin (PH) for Q4 2014, worth a combined $15.5B — up 13% from $13.7B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new PH positions and 43 closed out — a net gain of 28 holders — while 176 added to existing stakes and 233 trimmed.
The largest buyer was Hotchkis & Wiley Capital Management, opening a new position worth an estimated $117M. The largest seller was Third Point, exiting entirely with an estimated $147M sold.
- 569 institutional investors held Parker-Hannifin (PH) as of Q4 2014, up from 548 in Q3 2014.
- Funds reported $15.5B of Parker-Hannifin stock for Q4 2014, up 13% quarter-over-quarter.
- 71 funds opened new Parker-Hannifin positions in Q4 2014 and 43 closed out, a net change of +28 holders.
- The largest Parker-Hannifin buyer in Q4 2014 was Hotchkis & Wiley Capital Management, an estimated $117M added.
- The largest Parker-Hannifin seller in Q4 2014 was Third Point, an estimated $147M sold.
Based on aggregated 13F filings for Q4 2014.