TE Connectivity
460 hedge funds and large institutions have $19.4B invested in TE Connectivity in 2013 Q3 according to their latest regulatory filings, with 74 funds opening new positions, 159 increasing their positions, 164 reducing their positions, and 24 closing their positions.
208% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 24
13% more funds holding in top 10
Funds holding in top 10: 16 → 18 (+2)
11% more funds holding
Funds holding: 413 → 460 (+47)
11% more capital invested
Capital invested by funds: $17.6B → $19.4B (+$1.85B)
7% more call options, than puts
Call options by funds: $17.4M | Put options by funds: $16.2M
3% less repeat investments, than reductions
Existing positions increased: 159 | Existing positions reduced: 164
2.04% less ownership
Funds ownership: 92.97% → 90.92% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
+$193M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$58.6M |
| 3 |
D.E. Shaw & Co
New York
|
+$55M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$40.7M |
| 5 |
Renaissance Technologies
New York
|
+$39.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$240M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$236M |
| 3 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$193M |
| 4 |
KeyBank National Association
Cleveland,
Ohio
|
-$184M |
| 5 |
Pzena Investment Management
New York
|
-$152M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NC
476
NBW Capital
Boston,
Massachusetts
| – | -$300K | -6,590 | Closed |
|
|
LC
477
Loews Corp
New York
| – | -$230K | -5,050 | Closed |
|
|
ECAM
478
East Coast Asset Management
Essex,
Massachusetts
| – | -$172K | -3,770 | Closed |
|
479
Group One Trading
Chicago,
Illinois
| – | -$88K | -1,758 | Closed |
|
|
PFO
480
Pathstone Family Office
Englewood,
New Jersey
| – | -$42K | -920 | Closed |
|
|
SNT
481
Security National Trust
Wheeling,
West Virginia
| – | -$22K | -480 | Closed |
|
|
CW
482
Cobiz Wealth
Denver,
Colorado
| – | -$8K | -175 | Closed |
|
|
DBT
483
Dubuque Bank & Trust
Dubuque,
Iowa
| – | -$2K | -47 | Closed |
|
|
RFA
484
Reilly Financial Advisors
La Mesa,
California
| – | -$1K | -24 | Closed |
|
TEL Hedge Fund Activity: Q3 2013 in Review
460 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in TE Connectivity (TEL) for Q3 2013, worth a combined $19.4B — up 11% from $17.6B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new TEL positions and 24 closed out — a net gain of 50 holders — while 159 added to existing stakes and 164 trimmed.
The largest buyer was First Eagle Investment Management, adding an estimated $193M. The largest seller was T. Rowe Price Associates, cutting an estimated $240M.
- 460 institutional investors held TE Connectivity (TEL) as of Q3 2013, up from 413 in Q2 2013.
- Funds reported $19.4B of TE Connectivity stock for Q3 2013, up 11% quarter-over-quarter.
- 74 funds opened new TE Connectivity positions in Q3 2013 and 24 closed out, a net change of +50 holders.
- The largest TE Connectivity buyer in Q3 2013 was First Eagle Investment Management, an estimated $193M added.
- The largest TE Connectivity seller in Q3 2013 was T. Rowe Price Associates, an estimated $240M sold.
Based on aggregated 13F filings for Q3 2013.