Rio Tinto
RIO
276 hedge funds and large institutions have $2.9B invested in Rio Tinto in 2016 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 90 increasing their positions, 83 reducing their positions, and 34 closing their positions.
53% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 34
18% more capital invested
Capital invested by funds: $2.46B → $2.9B (+$439M)
5% more funds holding
Funds holding: 262 → 276 (+14)
8% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 83
0.42% more ownership
Funds ownership: 6.33% → 6.75% (+0.42%)
24% less call options, than puts
Call options by funds: $206M | Put options by funds: $271M
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$123M |
| 2 |
Renaissance Technologies
New York
|
+$50.9M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$45.4M |
| 4 |
Morgan Stanley
New York
|
+$41.4M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$20.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$31M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
-$29M |
| 3 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$22.9M |
| 4 |
JP Morgan Chase
New York
|
-$20M |
| 5 |
Goldman Sachs
New York
|
-$18.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
Lazard Asset Management
New York
| – | -$27K | -970 | Closed |
|
|
FAM
302
Formidable Asset Management
Cincinnati,
Ohio
| – | -$28K | -890 | Closed |
|
|
BBHC
303
Brown Brothers Harriman & Co
New York
| – | -$24K | -850 | Closed |
|
|
M
304
MOTCO
San Antonio,
Texas
| – | -$23K | -808 | Closed |
|
|
FMA
305
FNY Managed Accounts
New York
| – | -$22.6K | -800 | Closed |
|
|
MPWT
306
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$2.24K | -75 | Closed |
|
|
UFA
307
US Financial Advisors
Braintree,
Massachusetts
| – | -$1K | -34 | Closed |
|
308
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$119 | +4 | New |
|
RIO Hedge Fund Activity: Q2 2016 in Review
276 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Rio Tinto (RIO) for Q2 2016, worth a combined $2.9B — up 18% from $2.46B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new RIO positions and 34 closed out — a net gain of 18 holders — while 90 added to existing stakes and 83 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $123M. The largest seller was Wellington Management Group, cutting an estimated $31M.
- 276 institutional investors held Rio Tinto (RIO) as of Q2 2016, up from 262 in Q1 2016.
- Funds reported $2.9B of Rio Tinto stock for Q2 2016, up 18% quarter-over-quarter.
- 52 funds opened new Rio Tinto positions in Q2 2016 and 34 closed out, a net change of +18 holders.
- The largest Rio Tinto buyer in Q2 2016 was Arrowstreet Capital, an estimated $123M added.
- The largest Rio Tinto seller in Q2 2016 was Wellington Management Group, an estimated $31M sold.
Based on aggregated 13F filings for Q2 2016.