State Street
722 hedge funds and large institutions have $26.5B invested in State Street in 2014 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 200 increasing their positions, 331 reducing their positions, and 71 closing their positions.
1.28% more ownership
Funds ownership: 87.04% → 88.32% (+1.3%)
6% more call options, than puts
Call options by funds: $174M | Put options by funds: $165M
3% less funds holding
Funds holding: 748 → 722 (-26)
6% less capital invested
Capital invested by funds: $28.1B → $26.5B (-$1.61B)
9% less funds holding in top 10
Funds holding in top 10: 22 → 20 (-2)
23% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 71
40% less repeat investments, than reductions
Existing positions increased: 200 | Existing positions reduced: 331
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$305M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$238M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$216M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$131M |
| 5 |
Pzena Investment Management
New York
|
+$94.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Montag & Caldwell
Atlanta,
Georgia
|
-$183M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
-$124M |
| 3 |
JP Morgan Chase
New York
|
-$114M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$96.1M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$74.7M |
STT Hedge Fund Activity: Q1 2014 in Review
722 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in State Street (STT) for Q1 2014, worth a combined $26.5B — down 5.7% from $28.1B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of STT and 55 opened new positions — a net loss of 16 holders — while 331 trimmed existing stakes and 200 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $305M. The largest seller was Montag & Caldwell, cutting an estimated $183M.
- 722 institutional investors held State Street (STT) as of Q1 2014, down from 748 in Q4 2013.
- Funds reported $26.5B of State Street stock for Q1 2014, down 5.7% quarter-over-quarter.
- 55 funds opened new State Street positions in Q1 2014 and 71 closed out, a net change of -16 holders.
- The largest State Street buyer in Q1 2014 was T. Rowe Price Associates, an estimated $305M added.
- The largest State Street seller in Q1 2014 was Montag & Caldwell, an estimated $183M sold.
Based on aggregated 13F filings for Q1 2014.