Parker-Hannifin
548 hedge funds and large institutions have $13.7B invested in Parker-Hannifin in 2014 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 210 increasing their positions, 190 reducing their positions, and 62 closing their positions.
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
11% more repeat investments, than reductions
Existing positions increased: 210 | Existing positions reduced: 190
0.06% less ownership
Funds ownership: 80.81% → 80.75% (-0.06%)
5% less funds holding
Funds holding: 575 → 548 (-27)
9% less capital invested
Capital invested by funds: $15.1B → $13.7B (-$1.42B)
14% less call options, than puts
Call options by funds: $62.6M | Put options by funds: $72.7M
34% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 62
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$219M |
| 2 |
Lazard Asset Management
New York
|
+$170M |
| 3 |
TP
Third Point
New York
|
+$152M |
| 4 |
Pzena Investment Management
New York
|
+$108M |
| 5 |
CIP
Cornerstone Investment Partners
Atlanta,
Georgia
|
+$59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$306M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$258M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$185M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$146M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$142M |
PH Hedge Fund Activity: Q3 2014 in Review
548 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Parker-Hannifin (PH) for Q3 2014, worth a combined $13.7B — down 9.4% from $15.1B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of PH and 41 opened new positions — a net loss of 21 holders — while 190 trimmed existing stakes and 210 added.
The largest buyer was Vulcan Value Partners, adding an estimated $219M. The largest seller was Wellington Management Group, cutting an estimated $306M.
- 548 institutional investors held Parker-Hannifin (PH) as of Q3 2014, down from 575 in Q2 2014.
- Funds reported $13.7B of Parker-Hannifin stock for Q3 2014, down 9.4% quarter-over-quarter.
- 41 funds opened new Parker-Hannifin positions in Q3 2014 and 62 closed out, a net change of -21 holders.
- The largest Parker-Hannifin buyer in Q3 2014 was Vulcan Value Partners, an estimated $219M added.
- The largest Parker-Hannifin seller in Q3 2014 was Wellington Management Group, an estimated $306M sold.
Based on aggregated 13F filings for Q3 2014.