PTC
278 hedge funds and large institutions have $3.47B invested in PTC in 2015 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 103 increasing their positions, 101 reducing their positions, and 29 closing their positions.
34% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 29
3% more funds holding
Funds holding: 270 → 278 (+8)
2% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 101
6% less call options, than puts
Call options by funds: $1.89M | Put options by funds: $2.02M
21% less funds holding in top 10
Funds holding in top 10: 14 → 11 (-3)
24% less capital invested
Capital invested by funds: $4.55B → $3.47B (-$1.07B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHCM
Sachem Head Capital Management
New York
|
+$72.8M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
+$62.8M |
| 3 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
+$36.2M |
| 4 |
Jennison Associates
New York
|
+$29.2M |
| 5 |
TCM
Tensile Capital Management
Larkspur,
California
|
+$27.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$93.4M |
| 2 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$43.4M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$36.7M |
| 4 |
JCM
Junto Capital Management
New York
|
-$30.2M |
| 5 |
SCM
Steadfast Capital Management
New York
|
-$29.8M |
PTC Hedge Fund Activity: Q3 2015 in Review
278 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in PTC (PTC) for Q3 2015, worth a combined $3.47B — down 24% from $4.55B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new PTC positions and 29 closed out — a net gain of 10 holders — while 103 added to existing stakes and 101 trimmed.
The largest buyer was Sachem Head Capital Management, adding an estimated $72.8M. The largest seller was Fidelity Investments, cutting an estimated $93.4M.
- 278 institutional investors held PTC (PTC) as of Q3 2015, up from 270 in Q2 2015.
- Funds reported $3.47B of PTC stock for Q3 2015, down 24% quarter-over-quarter.
- 39 funds opened new PTC positions in Q3 2015 and 29 closed out, a net change of +10 holders.
- The largest PTC buyer in Q3 2015 was Sachem Head Capital Management, an estimated $72.8M added.
- The largest PTC seller in Q3 2015 was Fidelity Investments, an estimated $93.4M sold.
Based on aggregated 13F filings for Q3 2015.