S&P Global
SPGI
930 hedge funds and large institutions have $44B invested in S&P Global in 2019 Q1 according to their latest regulatory filings, with 113 funds opening new positions, 326 increasing their positions, 340 reducing their positions, and 68 closing their positions.
66% more first-time investments, than exits
New positions opened: 113 | Existing positions closed: 68
23% more capital invested
Capital invested by funds: $35.7B → $44B (+$8.31B)
12% more funds holding in top 10
Funds holding in top 10: 41 → 46 (+5)
4% more funds holding
Funds holding: 895 → 930 (+35)
1.32% more ownership
Funds ownership: 83.61% → 84.94% (+1.3%)
4% less repeat investments, than reductions
Existing positions increased: 326 | Existing positions reduced: 340
30% less call options, than puts
Call options by funds: $172M | Put options by funds: $246M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$599M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$260M |
| 3 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$177M |
| 4 |
Harris Associates
Chicago,
Illinois
|
+$170M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$96.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APG Asset Management
Amsterdam,
Netherlands
|
-$294M |
| 2 |
D.E. Shaw & Co
New York
|
-$243M |
| 3 |
Renaissance Technologies
New York
|
-$170M |
| 4 |
Goldman Sachs
New York
|
-$157M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$150M |
SPGI Hedge Fund Activity: Q1 2019 in Review
930 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in S&P Global (SPGI) for Q1 2019, worth a combined $44B — up 23% from $35.7B a quarter earlier.
Buyers outnumbered sellers: 113 funds opened new SPGI positions and 68 closed out — a net gain of 45 holders — while 326 added to existing stakes and 340 trimmed.
The largest buyer was Lone Pine Capital, opening a new position worth an estimated $599M. The largest seller was APG Asset Management, cutting an estimated $294M.
- 930 institutional investors held S&P Global (SPGI) as of Q1 2019, up from 895 in Q4 2018.
- Funds reported $44B of S&P Global stock for Q1 2019, up 23% quarter-over-quarter.
- 113 funds opened new S&P Global positions in Q1 2019 and 68 closed out, a net change of +45 holders.
- The largest S&P Global buyer in Q1 2019 was Lone Pine Capital, an estimated $599M added.
- The largest S&P Global seller in Q1 2019 was APG Asset Management, an estimated $294M sold.
Based on aggregated 13F filings for Q1 2019.