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Prudential Financial

622 hedge funds and large institutions have $23.8B invested in Prudential Financial in 2013 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 208 increasing their positions, 247 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

112% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 33

8% more capital invested

Capital invested by funds: $22.1B → $23.8B (+$1.71B)

5% more funds holding

Funds holding: 591622 (+31)

2% more call options, than puts

Call options by funds: $212M | Put options by funds: $207M

0.74% more ownership

Funds ownership: 65.51%66.24% (+0.74%)

16% less repeat investments, than reductions

Existing positions increased: 208 | Existing positions reduced: 247

26% less funds holding in top 10

Funds holding in top 10: 2317 (-6)

Holders
622
Holders Change
+31
Holders Change %
+5.25%
% of All Funds
20.17%
Holding in Top 10
17
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-26.09%
% of All Funds
0.55%
New
70
Increased
208
Reduced
247
Closed
33
Calls
$212M
Puts
$207M
Net Calls
+$5.02M
Net Calls Change
+$11.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.7B +$30.5M +388,719 +2%
State Street
2
State Street
Massachusetts
$1.52B -$1.4M -17,907 -0.1%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$1.44B -$67M -853,739 -4%
BIT
4
BlackRock Institutional Trust
California
$967M -$51.1M -651,672 -5%
Norges Bank
5
Norges Bank
Norway
$947M +$12.3M +156,460 +1%
Massachusetts Financial Services
6
Massachusetts Financial Services
Massachusetts
$845M -$40.4M -515,069 -5%
BA
7
BlackRock Advisors
Delaware
$702M +$144M +1,838,532 +26%
Ameriprise
8
Ameriprise
Minnesota
$640M +$56.5M +720,116 +10%
Capital Research Global Investors
9
Capital Research Global Investors
California
$617M +$92.5M +1,179,000 +18%
JP Morgan Chase
10
JP Morgan Chase
New York
$521M -$19.9M -254,141 -4%
Northern Trust
11
Northern Trust
Illinois
$492M -$20M -254,562 -4%
Goldman Sachs
12
Goldman Sachs
New York
$481M -$80.7M -1,028,332 -14%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$462M +$28.4M +361,857 +7%
BFA
14
BlackRock Fund Advisors
California
$328M +$1.17M +14,918 +0.4%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$327M +$5.43M +69,290 +2%
Fidelity Investments
16
Fidelity Investments
Massachusetts
$326M -$86.7M -1,105,657 -21%
LSV Asset Management
17
LSV Asset Management
Illinois
$320M -$11.3M -144,132 -3%
TCIM
18
TIAA CREF Investment Management
New York
$306M -$21.4M -272,676 -7%
1832 Asset Management
19
1832 Asset Management
Ontario, Canada
$300M +$145M +1,851,708 +92%
BG
20
BlackRock Group
United Kingdom
$295M +$4.64M +59,160 +2%
Diamond Hill Capital Management
21
Diamond Hill Capital Management
Ohio
$294M -$8.35M -106,473 -3%
DCM
22
Discovery Capital Management
Connecticut
$279M -$152M -1,935,800 -35%
BIM
23
BlackRock Investment Management
Delaware
$265M +$34M +433,915 +15%
Lord, Abbett & Co
24
Lord, Abbett & Co
New Jersey
$256M +$163M +2,081,706 +172%
Geode Capital Management
25
Geode Capital Management
Massachusetts
$249M +$8.21M +104,638 +3%

PRU Hedge Fund Activity: Q3 2013 in Review

622 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Prudential Financial (PRU) for Q3 2013, worth a combined $23.8B — up 7.8% from $22.1B a quarter earlier.

Buyers outnumbered sellers: 70 funds opened new PRU positions and 33 closed out — a net gain of 37 holders — while 208 added to existing stakes and 247 trimmed.

The largest buyer was Lord, Abbett & Co, adding an estimated $163M. The largest seller was Discovery Capital Management, cutting an estimated $152M.

  • 622 institutional investors held Prudential Financial (PRU) as of Q3 2013, up from 591 in Q2 2013.
  • Funds reported $23.8B of Prudential Financial stock for Q3 2013, up 7.8% quarter-over-quarter.
  • 70 funds opened new Prudential Financial positions in Q3 2013 and 33 closed out, a net change of +37 holders.
  • The largest Prudential Financial buyer in Q3 2013 was Lord, Abbett & Co, an estimated $163M added.
  • The largest Prudential Financial seller in Q3 2013 was Discovery Capital Management, an estimated $152M sold.

Based on aggregated 13F filings for Q3 2013.