PROTECTIVE LIFE CORP
PL
PL was delisted on the 30th of January, 2015.
285 hedge funds and large institutions have $4.83B invested in PROTECTIVE LIFE CORP in 2014 Q2 according to their latest regulatory filings, with 68 funds opening new positions, 61 increasing their positions, 115 reducing their positions, and 50 closing their positions.
220% more funds holding in top 10
Funds holding in top 10: 5 → 16 (+11)
36% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 50
35% more capital invested
Capital invested by funds: $3.57B → $4.83B (+$1.26B)
6% more funds holding
Funds holding: 268 → 285 (+17)
9% less call options, than puts
Call options by funds: $18.8M | Put options by funds: $20.7M
47% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 115
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$192M |
| 2 |
WIC
Water Island Capital
New York
|
+$124M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$92.9M |
| 4 |
HMC
Harvard Management Company
Boston,
Massachusetts
|
+$79.7M |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
+$73.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$197M |
| 2 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$124M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$89.9M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$76M |
| 5 |
Fisher Asset Management
Camas,
Washington
|
-$66.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1CM
326
1492 Capital Management
Milwaukee,
Wisconsin
| – | -$260K | -4,938 | Closed |
|
327
Jane Street
New York
| – | -$247K | -4,703 | Closed |
|
|
TH
328
Timber Hill
Greenwich,
Connecticut
| – | -$236K | -4,492 | Closed |
|
|
CIM
329
CenturyLink Investment Management
Denver,
Colorado
| – | -$210K | -3,995 | Closed |
|
330
Axa
Paris,
France
| – | -$130K | -2,470 | Closed |
|
331
Credit Agricole
Montrouge Cedex,
France
| – | -$89K | -1,700 | Closed |
|
|
DCM
332
Dean Capital Management
Overland Park,
Kansas
| – | -$78K | -1,482 | Closed |
|
|
HMS
333
Hanseatic Management Services
Albuquerque,
New Mexico
| – | -$8.19K | -431 | Closed |
|
|
IRS
334
Invictus RG (Singapore)
Singapore
| – | -$16K | -300 | Closed |
|
|
BPBT
335
Boston Private Bank & Trust
Boston,
Massachusetts
| – | -$2K | -40 | Closed |
|
PL Hedge Fund Activity: Q2 2014 in Review
285 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in PROTECTIVE LIFE CORP (PL) for Q2 2014, worth a combined $4.83B — up 35% from $3.57B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new PL positions and 50 closed out — a net gain of 18 holders — while 61 added to existing stakes and 115 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $192M. The largest seller was Wellington Management Group, cutting an estimated $197M.
- 285 institutional investors held PROTECTIVE LIFE CORP (PL) as of Q2 2014, up from 268 in Q1 2014.
- Funds reported $4.83B of PROTECTIVE LIFE CORP stock for Q2 2014, up 35% quarter-over-quarter.
- 68 funds opened new PROTECTIVE LIFE CORP positions in Q2 2014 and 50 closed out, a net change of +18 holders.
- The largest PROTECTIVE LIFE CORP buyer in Q2 2014 was Fidelity Investments, an estimated $192M added.
- The largest PROTECTIVE LIFE CORP seller in Q2 2014 was Wellington Management Group, an estimated $197M sold.
Based on aggregated 13F filings for Q2 2014.