Prudential Financial
PRU
733 hedge funds and large institutions have $26.1B invested in Prudential Financial in 2014 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 287 increasing their positions, 252 reducing their positions, and 33 closing their positions.
97% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 33
31% more call options, than puts
Call options by funds: $366M | Put options by funds: $279M
14% more repeat investments, than reductions
Existing positions increased: 287 | Existing positions reduced: 252
6% more funds holding in top 10
Funds holding in top 10: 18 → 19 (+1)
3% more funds holding
Funds holding: 710 → 733 (+23)
2.97% less ownership
Funds ownership: 68.11% → 65.14% (-3%)
7% less capital invested
Capital invested by funds: $28.2B → $26.1B (-$2.08B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$118M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$69.6M |
| 3 |
Axa
Paris,
France
|
+$68.1M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$67.8M |
| 5 |
State Street
Boston,
Massachusetts
|
+$65.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$1.21B |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$155M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$148M |
| 4 |
Citigroup
New York
|
-$91.8M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$89.6M |
PRU Hedge Fund Activity: Q3 2014 in Review
733 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Prudential Financial (PRU) for Q3 2014, worth a combined $26.1B — down 7.4% from $28.2B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new PRU positions and 33 closed out — a net gain of 32 holders — while 287 added to existing stakes and 252 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $118M. The largest seller was Norges Bank, cutting an estimated $1.21B.
- 733 institutional investors held Prudential Financial (PRU) as of Q3 2014, up from 710 in Q2 2014.
- Funds reported $26.1B of Prudential Financial stock for Q3 2014, down 7.4% quarter-over-quarter.
- 65 funds opened new Prudential Financial positions in Q3 2014 and 33 closed out, a net change of +32 holders.
- The largest Prudential Financial buyer in Q3 2014 was Morgan Stanley, an estimated $118M added.
- The largest Prudential Financial seller in Q3 2014 was Norges Bank, an estimated $1.21B sold.
Based on aggregated 13F filings for Q3 2014.