Prudential Financial
684 hedge funds and large institutions have $28.5B invested in Prudential Financial in 2013 Q4 according to their latest regulatory filings, with 105 funds opening new positions, 222 increasing their positions, 261 reducing their positions, and 38 closing their positions.
176% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 38
35% more funds holding in top 10
Funds holding in top 10: 17 → 23 (+6)
20% more capital invested
Capital invested by funds: $23.8B → $28.5B (+$4.71B)
10% more funds holding
Funds holding: 622 → 684 (+62)
0.2% more ownership
Funds ownership: 66.24% → 66.45% (+0.2%)
15% less repeat investments, than reductions
Existing positions increased: 222 | Existing positions reduced: 261
25% less call options, than puts
Call options by funds: $184M | Put options by funds: $245M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$150M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$104M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$84.8M |
| 4 |
Two Sigma Investments
New York
|
+$78M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$77.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$162M |
| 2 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$153M |
| 3 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$149M |
| 4 |
CI
Cambiar Investors
Denver,
Colorado
|
-$95.6M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$60.6M |
PRU Hedge Fund Activity: Q4 2013 in Review
684 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Prudential Financial (PRU) for Q4 2013, worth a combined $28.5B — up 20% from $23.8B a quarter earlier.
Buyers outnumbered sellers: 105 funds opened new PRU positions and 38 closed out — a net gain of 67 holders — while 222 added to existing stakes and 261 trimmed.
The largest buyer was Waddell & Reed Financial, adding an estimated $150M. The largest seller was Citadel Advisors, cutting an estimated $162M.
- 684 institutional investors held Prudential Financial (PRU) as of Q4 2013, up from 622 in Q3 2013.
- Funds reported $28.5B of Prudential Financial stock for Q4 2013, up 20% quarter-over-quarter.
- 105 funds opened new Prudential Financial positions in Q4 2013 and 38 closed out, a net change of +67 holders.
- The largest Prudential Financial buyer in Q4 2013 was Waddell & Reed Financial, an estimated $150M added.
- The largest Prudential Financial seller in Q4 2013 was Citadel Advisors, an estimated $162M sold.
Based on aggregated 13F filings for Q4 2013.