State Street
STT
705 hedge funds and large institutions have $18.3B invested in State Street in 2016 Q2 according to their latest regulatory filings, with 76 funds opening new positions, 216 increasing their positions, 286 reducing their positions, and 41 closing their positions.
85% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 41
4% more funds holding
Funds holding: 676 → 705 (+29)
2.97% less ownership
Funds ownership: 88.55% → 85.58% (-3%)
10% less capital invested
Capital invested by funds: $20.2B → $18.3B (-$1.94B)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
24% less repeat investments, than reductions
Existing positions increased: 216 | Existing positions reduced: 286
46% less call options, than puts
Call options by funds: $46.9M | Put options by funds: $86.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$192M |
| 2 |
ETC
Evercore Trust Company
New York
|
+$168M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$88.1M |
| 4 |
Morgan Stanley
New York
|
+$63.6M |
| 5 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$62.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Magellan Asset Management
Sydney,
Australia
|
-$409M |
| 2 |
Royal London Asset Management
United Kingdom
|
-$337M |
| 3 |
GE
General Electric
Evendale,
Ohio
|
-$275M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$241M |
| 5 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$192M |
STT Hedge Fund Activity: Q2 2016 in Review
705 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street (STT) for Q2 2016, worth a combined $18.3B — down 9.6% from $20.2B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new STT positions and 41 closed out — a net gain of 35 holders — while 216 added to existing stakes and 286 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $192M. The largest seller was Magellan Asset Management, exiting entirely with an estimated $409M sold.
- 705 institutional investors held State Street (STT) as of Q2 2016, up from 676 in Q1 2016.
- Funds reported $18.3B of State Street stock for Q2 2016, down 9.6% quarter-over-quarter.
- 76 funds opened new State Street positions in Q2 2016 and 41 closed out, a net change of +35 holders.
- The largest State Street buyer in Q2 2016 was T. Rowe Price Associates, an estimated $192M added.
- The largest State Street seller in Q2 2016 was Magellan Asset Management, an estimated $409M sold.
Based on aggregated 13F filings for Q2 2016.