Banco Santander
SAN
241 hedge funds and large institutions have $965M invested in Banco Santander in 2013 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 108 increasing their positions, 60 reducing their positions, and 23 closing their positions.
117% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 23
80% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 60
19% more capital invested
Capital invested by funds: $813M → $965M (+$152M)
12% more funds holding
Funds holding: 216 → 241 (+25)
1.5% less ownership
Funds ownership: 10.12% → 8.62% (-1.5%)
41% less call options, than puts
Call options by funds: $65.4M | Put options by funds: $110M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aristotle Capital Management
Los Angeles,
California
|
+$52.3M |
| 2 |
Two Sigma Investments
New York
|
+$13.4M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$13.2M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$12.1M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$8.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Edge Asset Management
Seattle,
Washington
|
-$25.3M |
| 2 |
SG Americas Securities
New York
|
-$16.4M |
| 3 |
BCM
Bluefin Capital Management
New York
|
-$15.6M |
| 4 |
AG
Aperio Group
Sausalito,
California
|
-$11.8M |
| 5 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$7.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCAG
251
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$128K | -17,267 | Closed |
|
|
CAS
252
CTC Alternative Strategies
Chicago,
Illinois
| – | -$124K | -16,735 | Closed |
|
253
Bank of Nova Scotia
Toronto,
Ontario, Canada
| – | -$88K | -11,917 | Closed |
|
|
MA
254
MUFG Americas
New York
| – | -$86K | -11,656 | Closed |
|
|
EWM
255
Evercore Wealth Management
New York
| – | -$8K | -1,023 | Closed |
|
|
OC
256
Oakworth Capital
Birmingham,
Alabama
| – | +$159 | +20 | New |
|
|
BAM
257
Brave Asset Management
Summit,
New Jersey
| – | +$358 | +45 | New |
|
SAN Hedge Fund Activity: Q4 2013 in Review
241 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Banco Santander (SAN) for Q4 2013, worth a combined $965M — up 19% from $813M a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new SAN positions and 23 closed out — a net gain of 27 holders — while 108 added to existing stakes and 60 trimmed.
The largest buyer was Aristotle Capital Management, adding an estimated $52.3M. The largest seller was Edge Asset Management, exiting entirely with an estimated $25.3M sold.
- 241 institutional investors held Banco Santander (SAN) as of Q4 2013, up from 216 in Q3 2013.
- Funds reported $965M of Banco Santander stock for Q4 2013, up 19% quarter-over-quarter.
- 50 funds opened new Banco Santander positions in Q4 2013 and 23 closed out, a net change of +27 holders.
- The largest Banco Santander buyer in Q4 2013 was Aristotle Capital Management, an estimated $52.3M added.
- The largest Banco Santander seller in Q4 2013 was Edge Asset Management, an estimated $25.3M sold.
Based on aggregated 13F filings for Q4 2013.