Perrigo
PRGO
282 hedge funds and large institutions have $7.32B invested in Perrigo in 2013 Q4 according to their latest regulatory filings, with 75 funds opening new positions, 96 increasing their positions, 87 reducing their positions, and 253 closing their positions.
60% more call options, than puts
Call options by funds: $434M | Put options by funds: $271M
23% more funds holding in top 10
Funds holding in top 10: 13 → 16 (+3)
10% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 87
31% less capital invested
Capital invested by funds: $10.5B → $7.32B (-$3.23B)
39% less funds holding
Funds holding: 461 → 282 (-179)
55.04% less ownership
Funds ownership: 90.7% → 35.66% (-55%)
70% less first-time investments, than exits
New positions opened: 75 | Existing positions closed: 253
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$279M |
| 2 |
WIC
Water Island Capital
New York
|
+$165M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$158M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$137M |
| 5 |
SI
Scout Investments
Kansas City,
Missouri
|
+$124M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.16B |
| 2 |
Jennison Associates
New York
|
-$585M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$361M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$302M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$225M |
PRGO Hedge Fund Activity: Q4 2013 in Review
282 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Perrigo (PRGO) for Q4 2013, worth a combined $7.32B — down 31% from $10.5B a quarter earlier.
Sellers outnumbered buyers: 253 funds closed out of PRGO and 75 opened new positions — a net loss of 178 holders — while 87 trimmed existing stakes and 96 added.
The largest buyer was State Street, adding an estimated $279M. The largest seller was Fidelity Investments, exiting entirely with an estimated $1.16B sold.
- 282 institutional investors held Perrigo (PRGO) as of Q4 2013, down from 461 in Q3 2013.
- Funds reported $7.32B of Perrigo stock for Q4 2013, down 31% quarter-over-quarter.
- 75 funds opened new Perrigo positions in Q4 2013 and 253 closed out, a net change of -178 holders.
- The largest Perrigo buyer in Q4 2013 was State Street, an estimated $279M added.
- The largest Perrigo seller in Q4 2013 was Fidelity Investments, an estimated $1.16B sold.
Based on aggregated 13F filings for Q4 2013.