Prudential Financial
PRU
704 hedge funds and large institutions have $25.7B invested in Prudential Financial in 2014 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 244 increasing their positions, 273 reducing their positions, and 40 closing their positions.
75% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 40
20% more call options, than puts
Call options by funds: $248M | Put options by funds: $207M
3% more funds holding
Funds holding: 684 → 704 (+20)
1.33% less ownership
Funds ownership: 66.45% → 65.12% (-1.3%)
10% less capital invested
Capital invested by funds: $28.5B → $25.7B (-$2.84B)
11% less repeat investments, than reductions
Existing positions increased: 244 | Existing positions reduced: 273
61% less funds holding in top 10
Funds holding in top 10: 23 → 9 (-14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$102M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$87.2M |
| 3 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$70.5M |
| 4 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
+$55.5M |
| 5 |
Citigroup
New York
|
+$51.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$242M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$164M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$106M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$85.9M |
| 5 |
Sanders Capital
West Palm Beach,
Florida
|
-$80.1M |
PRU Hedge Fund Activity: Q1 2014 in Review
704 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Prudential Financial (PRU) for Q1 2014, worth a combined $25.7B — down 10% from $28.5B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new PRU positions and 40 closed out — a net gain of 30 holders — while 244 added to existing stakes and 273 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $102M. The largest seller was Fidelity Investments, cutting an estimated $242M.
- 704 institutional investors held Prudential Financial (PRU) as of Q1 2014, up from 684 in Q4 2013.
- Funds reported $25.7B of Prudential Financial stock for Q1 2014, down 10% quarter-over-quarter.
- 70 funds opened new Prudential Financial positions in Q1 2014 and 40 closed out, a net change of +30 holders.
- The largest Prudential Financial buyer in Q1 2014 was JP Morgan Chase, an estimated $102M added.
- The largest Prudential Financial seller in Q1 2014 was Fidelity Investments, an estimated $242M sold.
Based on aggregated 13F filings for Q1 2014.