S&P Global
SPGI
670 hedge funds and large institutions have $23.9B invested in S&P Global in 2016 Q4 according to their latest regulatory filings, with 117 funds opening new positions, 183 increasing their positions, 252 reducing their positions, and 61 closing their positions.
92% more first-time investments, than exits
New positions opened: 117 | Existing positions closed: 61
8% more funds holding
Funds holding: 623 → 670 (+47)
0.7% less ownership
Funds ownership: 86.33% → 85.63% (-0.7%)
8% less funds holding in top 10
Funds holding in top 10: 26 → 24 (-2)
16% less capital invested
Capital invested by funds: $28.5B → $23.9B (-$4.65B)
27% less repeat investments, than reductions
Existing positions increased: 183 | Existing positions reduced: 252
39% less call options, than puts
Call options by funds: $88.7M | Put options by funds: $146M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$149M |
| 2 |
D.E. Shaw & Co
New York
|
+$129M |
| 3 |
Millennium Management
New York
|
+$122M |
| 4 |
Two Sigma Investments
New York
|
+$105M |
| 5 |
State Street
Boston,
Massachusetts
|
+$92.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$525M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$421M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$173M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$112M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$92.2M |
SPGI Hedge Fund Activity: Q4 2016 in Review
670 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in S&P Global (SPGI) for Q4 2016, worth a combined $23.9B — down 16% from $28.5B a quarter earlier.
Buyers outnumbered sellers: 117 funds opened new SPGI positions and 61 closed out — a net gain of 56 holders — while 183 added to existing stakes and 252 trimmed.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $149M. The largest seller was Wellington Management Group, cutting an estimated $525M.
- 670 institutional investors held S&P Global (SPGI) as of Q4 2016, up from 623 in Q3 2016.
- Funds reported $23.9B of S&P Global stock for Q4 2016, down 16% quarter-over-quarter.
- 117 funds opened new S&P Global positions in Q4 2016 and 61 closed out, a net change of +56 holders.
- The largest S&P Global buyer in Q4 2016 was Renaissance Technologies, an estimated $149M added.
- The largest S&P Global seller in Q4 2016 was Wellington Management Group, an estimated $525M sold.
Based on aggregated 13F filings for Q4 2016.