Gentherm
THRM
190 hedge funds and large institutions have $1.12B invested in Gentherm in 2016 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 66 increasing their positions, 67 reducing their positions, and 43 closing their positions.
1% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 67
8% less capital invested
Capital invested by funds: $1.22B → $1.12B (-$93.4M)
10% less funds holding
Funds holding: 210 → 190 (-20)
37% less call options, than puts
Call options by funds: $492K | Put options by funds: $779K
42% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 43
100% less funds holding in top 10
Funds holding in top 10: 4 → 0 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$93.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$48M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$31.7M |
| 4 |
Bank of New York Mellon
New York
|
+$11.3M |
| 5 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$9.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$64.8M |
| 2 |
ClearBridge Investments
New York
|
-$31M |
| 3 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$27.2M |
| 4 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$20M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$15.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HNB
226
Huntington National Bank
Columbus,
Ohio
| – | -$47K | -1,362 | Closed |
|
|
SWA
227
Sutton Wealth Advisors
Tampa,
Florida
| – | -$21.5K | -627 | Closed |
|
|
AIM
228
Arcadia Investment Management
Kalamazoo,
Michigan
| – | -$17K | -498 | Closed |
|
|
QT
229
Quantbot Technologies
New York
| – | -$5K | -172 | Closed |
|
230
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -107 | Closed |
|
231
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$3K | -75 | Closed |
|
|
PMFA
232
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$2K | -49 | Closed |
|
|
PCP
233
Proficio Capital Partners
Newton,
Massachusetts
| – | +$364 | +11 | New |
|
THRM Hedge Fund Activity: Q3 2016 in Review
190 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Gentherm (THRM) for Q3 2016, worth a combined $1.12B — down 7.7% from $1.22B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of THRM and 25 opened new positions — a net loss of 18 holders — while 67 trimmed existing stakes and 66 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $93.4M. The largest seller was Wells Fargo, cutting an estimated $64.8M.
- 190 institutional investors held Gentherm (THRM) as of Q3 2016, down from 210 in Q2 2016.
- Funds reported $1.12B of Gentherm stock for Q3 2016, down 7.7% quarter-over-quarter.
- 25 funds opened new Gentherm positions in Q3 2016 and 43 closed out, a net change of -18 holders.
- The largest Gentherm buyer in Q3 2016 was T. Rowe Price Associates, an estimated $93.4M added.
- The largest Gentherm seller in Q3 2016 was Wells Fargo, an estimated $64.8M sold.
Based on aggregated 13F filings for Q3 2016.