State Street
747 hedge funds and large institutions have $27.8B invested in State Street in 2013 Q4 according to their latest regulatory filings, with 85 funds opening new positions, 203 increasing their positions, 336 reducing their positions, and 44 closing their positions.
93% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 44
22% more funds holding in top 10
Funds holding in top 10: 18 → 22 (+4)
9% more capital invested
Capital invested by funds: $25.6B → $27.8B (+$2.28B)
4% more funds holding
Funds holding: 715 → 747 (+32)
0.66% less ownership
Funds ownership: 87.59% → 86.93% (-0.66%)
40% less repeat investments, than reductions
Existing positions increased: 203 | Existing positions reduced: 336
64% less call options, than puts
Call options by funds: $88.9M | Put options by funds: $250M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$173M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$91.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$78.4M |
| 4 |
MC
Montag & Caldwell
Atlanta,
Georgia
|
+$74M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$69.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Cornerstone Investment Partners
Atlanta,
Georgia
|
-$217M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$144M |
| 3 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$120M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$95.1M |
| 5 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$59.9M |
STT Hedge Fund Activity: Q4 2013 in Review
747 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in State Street (STT) for Q4 2013, worth a combined $27.8B — up 8.9% from $25.6B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new STT positions and 44 closed out — a net gain of 41 holders — while 203 added to existing stakes and 336 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $173M. The largest seller was Cornerstone Investment Partners, cutting an estimated $217M.
- 747 institutional investors held State Street (STT) as of Q4 2013, up from 715 in Q3 2013.
- Funds reported $27.8B of State Street stock for Q4 2013, up 8.9% quarter-over-quarter.
- 85 funds opened new State Street positions in Q4 2013 and 44 closed out, a net change of +41 holders.
- The largest State Street buyer in Q4 2013 was T. Rowe Price Associates, an estimated $173M added.
- The largest State Street seller in Q4 2013 was Cornerstone Investment Partners, an estimated $217M sold.
Based on aggregated 13F filings for Q4 2013.