Banco Santander
SAN
216 hedge funds and large institutions have $813M invested in Banco Santander in 2013 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 110 increasing their positions, 45 reducing their positions, and 17 closing their positions.
144% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 45
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
94% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 17
48% more call options, than puts
Call options by funds: $113M | Put options by funds: $76.4M
22% more capital invested
Capital invested by funds: $667M → $813M (+$146M)
7% more funds holding
Funds holding: 201 → 216 (+15)
11.14% less ownership
Funds ownership: 21.26% → 10.12% (-11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
+$37.4M |
| 2 |
Aristotle Capital Management
Los Angeles,
California
|
+$21.5M |
| 3 |
SG Americas Securities
New York
|
+$13.8M |
| 4 |
Morgan Stanley
New York
|
+$6.6M |
| 5 |
AC
Amici Capital
New York
|
+$5.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$49M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$39.5M |
| 3 |
Two Sigma Investments
New York
|
-$14.7M |
| 4 |
Two Sigma Advisers
New York
|
-$13.6M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$10.6M |
SAN Hedge Fund Activity: Q3 2013 in Review
216 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Banco Santander (SAN) for Q3 2013, worth a combined $813M — up 22% from $667M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new SAN positions and 17 closed out — a net gain of 16 holders — while 110 added to existing stakes and 45 trimmed.
The largest buyer was ING Group, opening a new position worth an estimated $37.4M. The largest seller was Commerzbank Aktiengesellschaft, cutting an estimated $49M.
- 216 institutional investors held Banco Santander (SAN) as of Q3 2013, up from 201 in Q2 2013.
- Funds reported $813M of Banco Santander stock for Q3 2013, up 22% quarter-over-quarter.
- 33 funds opened new Banco Santander positions in Q3 2013 and 17 closed out, a net change of +16 holders.
- The largest Banco Santander buyer in Q3 2013 was ING Group, an estimated $37.4M added.
- The largest Banco Santander seller in Q3 2013 was Commerzbank Aktiengesellschaft, an estimated $49M sold.
Based on aggregated 13F filings for Q3 2013.