State Street
723 hedge funds and large institutions have $25.3B invested in State Street in 2014 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 219 increasing their positions, 300 reducing their positions, and 49 closing their positions.
10% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 49
0% more funds holding
Funds holding: 722 → 723 (+1)
1% less ownership
Funds ownership: 88.32% → 87.32% (-1%)
4% less capital invested
Capital invested by funds: $26.4B → $25.3B (-$1.08B)
27% less repeat investments, than reductions
Existing positions increased: 219 | Existing positions reduced: 300
30% less funds holding in top 10
Funds holding in top 10: 20 → 14 (-6)
36% less call options, than puts
Call options by funds: $96.2M | Put options by funds: $151M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$162M |
| 2 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$129M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$119M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$105M |
| 5 |
MAM
Magellan Asset Management
Sydney,
Australia
|
+$93.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$253M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$184M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$138M |
| 4 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$111M |
| 5 |
SCA
Southpoint Capital Advisors
New York
|
-$83.5M |
STT Hedge Fund Activity: Q2 2014 in Review
723 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in State Street (STT) for Q2 2014, worth a combined $25.3B — down 4.1% from $26.4B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new STT positions and 49 closed out — a net gain of 5 holders — while 219 added to existing stakes and 300 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $162M. The largest seller was AllianceBernstein, cutting an estimated $253M.
- 723 institutional investors held State Street (STT) as of Q2 2014, up from 722 in Q1 2014.
- Funds reported $25.3B of State Street stock for Q2 2014, down 4.1% quarter-over-quarter.
- 54 funds opened new State Street positions in Q2 2014 and 49 closed out, a net change of +5 holders.
- The largest State Street buyer in Q2 2014 was Fidelity Investments, an estimated $162M added.
- The largest State Street seller in Q2 2014 was AllianceBernstein, an estimated $253M sold.
Based on aggregated 13F filings for Q2 2014.