Pentair
448 hedge funds and large institutions have $10.3B invested in Pentair in 2014 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 148 increasing their positions, 180 reducing their positions, and 71 closing their positions.
2.53% more ownership
Funds ownership: 119.25% → 121.78% (+2.5%)
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
6% less funds holding
Funds holding: 475 → 448 (-27)
7% less capital invested
Capital invested by funds: $11.1B → $10.3B (-$813M)
18% less repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 180
30% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 71
31% less call options, than puts
Call options by funds: $15.6M | Put options by funds: $22.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
+$406M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$352M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$194M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$180M |
| 5 |
BG
BlackRock Group
London,
United Kingdom
|
+$120M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$696M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$365M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$230M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$168M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$125M |
PNR Hedge Fund Activity: Q3 2014 in Review
448 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Pentair (PNR) for Q3 2014, worth a combined $10.3B — down 7.3% from $11.1B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of PNR and 50 opened new positions — a net loss of 21 holders — while 180 trimmed existing stakes and 148 added.
The largest buyer was Glenview Capital Management, adding an estimated $406M. The largest seller was Norges Bank, cutting an estimated $696M.
- 448 institutional investors held Pentair (PNR) as of Q3 2014, down from 475 in Q2 2014.
- Funds reported $10.3B of Pentair stock for Q3 2014, down 7.3% quarter-over-quarter.
- 50 funds opened new Pentair positions in Q3 2014 and 71 closed out, a net change of -21 holders.
- The largest Pentair buyer in Q3 2014 was Glenview Capital Management, an estimated $406M added.
- The largest Pentair seller in Q3 2014 was Norges Bank, an estimated $696M sold.
Based on aggregated 13F filings for Q3 2014.