PROTECTIVE LIFE CORP
PL
PL was delisted on the 30th of January, 2015.
256 hedge funds and large institutions have $4.61B invested in PROTECTIVE LIFE CORP in 2014 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 87 increasing their positions, 105 reducing their positions, and 50 closing their positions.
31% more funds holding in top 10
Funds holding in top 10: 16 → 21 (+5)
24% more call options, than puts
Call options by funds: $26.6M | Put options by funds: $21.5M
5% less capital invested
Capital invested by funds: $4.83B → $4.61B (-$223M)
10% less funds holding
Funds holding: 285 → 256 (-29)
17% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 105
52% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$62.7M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
+$62.5M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$58.8M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$55.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$30.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$101M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$65.4M |
| 3 |
AAA
Alpine Associates Advisors
Englewood Cliffs,
New Jersey
|
-$53.6M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$52.6M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$47.4M |
PL Hedge Fund Activity: Q3 2014 in Review
256 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in PROTECTIVE LIFE CORP (PL) for Q3 2014, worth a combined $4.61B — down 4.6% from $4.83B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of PL and 24 opened new positions — a net loss of 26 holders — while 105 trimmed existing stakes and 87 added.
The largest buyer was Morgan Stanley, adding an estimated $62.7M. The largest seller was Allianz Asset Management, cutting an estimated $101M.
- 256 institutional investors held PROTECTIVE LIFE CORP (PL) as of Q3 2014, down from 285 in Q2 2014.
- Funds reported $4.61B of PROTECTIVE LIFE CORP stock for Q3 2014, down 4.6% quarter-over-quarter.
- 24 funds opened new PROTECTIVE LIFE CORP positions in Q3 2014 and 50 closed out, a net change of -26 holders.
- The largest PROTECTIVE LIFE CORP buyer in Q3 2014 was Morgan Stanley, an estimated $62.7M added.
- The largest PROTECTIVE LIFE CORP seller in Q3 2014 was Allianz Asset Management, an estimated $101M sold.
Based on aggregated 13F filings for Q3 2014.