J.M. Smucker
SJM
580 hedge funds and large institutions have $7.72B invested in J.M. Smucker in 2013 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 182 increasing their positions, 217 reducing their positions, and 37 closing their positions.
68% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 37
4% more funds holding
Funds holding: 559 → 580 (+21)
1% more capital invested
Capital invested by funds: $7.62B → $7.72B (+$94.7M)
0.04% less ownership
Funds ownership: 70.02% → 69.98% (-0.04%)
16% less repeat investments, than reductions
Existing positions increased: 182 | Existing positions reduced: 217
36% less call options, than puts
Call options by funds: $28.4M | Put options by funds: $44.5M
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$100M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$44.6M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$42.5M |
| 4 |
BG
BlackRock Group
London,
United Kingdom
|
+$35.6M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$35.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$133M |
| 2 |
JP Morgan Chase
New York
|
-$52.1M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$48.6M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$45.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$39.3M |
SJM Hedge Fund Activity: Q3 2013 in Review
580 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in J.M. Smucker (SJM) for Q3 2013, worth a combined $7.72B — up 1.2% from $7.62B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new SJM positions and 37 closed out — a net gain of 25 holders — while 182 added to existing stakes and 217 trimmed.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $100M. The largest seller was Massachusetts Financial Services, cutting an estimated $133M.
- 580 institutional investors held J.M. Smucker (SJM) as of Q3 2013, up from 559 in Q2 2013.
- Funds reported $7.72B of J.M. Smucker stock for Q3 2013, up 1.2% quarter-over-quarter.
- 62 funds opened new J.M. Smucker positions in Q3 2013 and 37 closed out, a net change of +25 holders.
- The largest J.M. Smucker buyer in Q3 2013 was Adage Capital Partners, an estimated $100M added.
- The largest J.M. Smucker seller in Q3 2013 was Massachusetts Financial Services, an estimated $133M sold.
Based on aggregated 13F filings for Q3 2013.