Philips
230 hedge funds and large institutions have $2.07B invested in Philips in 2014 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 72 increasing their positions, 68 reducing their positions, and 20 closing their positions.
90% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 20
8% more funds holding
Funds holding: 213 → 230 (+17)
6% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 68
0.19% more ownership
Funds ownership: 8.86% → 9.05% (+0.19%)
3% less capital invested
Capital invested by funds: $2.13B → $2.07B (-$67M)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
92% less call options, than puts
Call options by funds: $1.57M | Put options by funds: $20.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$60.2M |
| 2 |
CI
Cambiar Investors
Denver,
Colorado
|
+$22.7M |
| 3 |
MTB
Mizuho Trust & Banking
Tokyo,
Japan
|
+$14.1M |
| 4 |
TAM
Todd Asset Management
Louisville,
Kentucky
|
+$11.5M |
| 5 |
TRSOTSOK
Teachers Retirement System of the State of Kentucky
Frankfort,
Kentucky
|
+$11.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$39.5M |
| 2 |
Renaissance Technologies
New York
|
-$31.9M |
| 3 |
Dodge & Cox
San Francisco,
California
|
-$30.6M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$10.6M |
| 5 |
ZAM
Zevin Asset Management
Boston,
Massachusetts
|
-$4.94M |
PHG Hedge Fund Activity: Q1 2014 in Review
230 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Philips (PHG) for Q1 2014, worth a combined $2.07B — down 3.1% from $2.13B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new PHG positions and 20 closed out — a net gain of 18 holders — while 72 added to existing stakes and 68 trimmed.
The largest buyer was SG Americas Securities, adding an estimated $60.2M. The largest seller was Victory Capital Management, cutting an estimated $39.5M.
- 230 institutional investors held Philips (PHG) as of Q1 2014, up from 213 in Q4 2013.
- Funds reported $2.07B of Philips stock for Q1 2014, down 3.1% quarter-over-quarter.
- 38 funds opened new Philips positions in Q1 2014 and 20 closed out, a net change of +18 holders.
- The largest Philips buyer in Q1 2014 was SG Americas Securities, an estimated $60.2M added.
- The largest Philips seller in Q1 2014 was Victory Capital Management, an estimated $39.5M sold.
Based on aggregated 13F filings for Q1 2014.