Perrigo
PRGO
500 hedge funds and large institutions have $15.9B invested in Perrigo in 2014 Q1 according to their latest regulatory filings, with 277 funds opening new positions, 98 increasing their positions, 90 reducing their positions, and 52 closing their positions.
433% more first-time investments, than exits
New positions opened: 277 | Existing positions closed: 52
117% more capital invested
Capital invested by funds: $7.32B → $15.9B (+$8.58B)
87% more call options, than puts
Call options by funds: $156M | Put options by funds: $83.2M
77% more funds holding
Funds holding: 282 → 500 (+218)
41.39% more ownership
Funds ownership: 35.66% → 77.05% (+41%)
9% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 90
25% less funds holding in top 10
Funds holding in top 10: 16 → 12 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.48B |
| 2 |
Jennison Associates
New York
|
+$672M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$539M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$497M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$438M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Water Island Capital
New York
|
-$176M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
-$130M |
| 3 |
VAM
Visium Asset Management
New York
|
-$79.4M |
| 4 |
Bank of New York Mellon
New York
|
-$77.1M |
| 5 |
Renaissance Technologies
New York
|
-$72.4M |
PRGO Hedge Fund Activity: Q1 2014 in Review
500 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Perrigo (PRGO) for Q1 2014, worth a combined $15.9B — up 117% from $7.32B a quarter earlier.
Buyers outnumbered sellers: 277 funds opened new PRGO positions and 52 closed out — a net gain of 225 holders — while 98 added to existing stakes and 90 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $1.48B. The largest seller was Water Island Capital, exiting entirely with an estimated $176M sold.
- 500 institutional investors held Perrigo (PRGO) as of Q1 2014, up from 282 in Q4 2013.
- Funds reported $15.9B of Perrigo stock for Q1 2014, up 117% quarter-over-quarter.
- 277 funds opened new Perrigo positions in Q1 2014 and 52 closed out, a net change of +225 holders.
- The largest Perrigo buyer in Q1 2014 was Fidelity Investments, an estimated $1.48B added.
- The largest Perrigo seller in Q1 2014 was Water Island Capital, an estimated $176M sold.
Based on aggregated 13F filings for Q1 2014.