Gentherm
THRM
210 hedge funds and large institutions have $1.22B invested in Gentherm in 2016 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 75 increasing their positions, 71 reducing their positions, and 49 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
6% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 71
8% less funds holding
Funds holding: 228 → 210 (-18)
16% less capital invested
Capital invested by funds: $1.46B → $1.22B (-$240M)
33% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 49
43% less call options, than puts
Call options by funds: $1.34M | Put options by funds: $2.36M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$17M |
| 2 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
+$13.4M |
| 3 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$13.2M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
+$10.8M |
| 5 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$30M |
| 2 |
RIM
RS Investment Management
San Francisco,
California
|
-$19.3M |
| 3 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$16.5M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$10.5M |
| 5 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
-$6.65M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RFA
251
Reilly Financial Advisors
La Mesa,
California
| – | -$18K | -425 | Closed |
|
252
Simplex Trading
Chicago,
Illinois
| – | -$13.5K | -355 | Closed |
|
|
AIM
253
Acrospire Investment Management
Chicago,
Illinois
| – | -$9K | -205 | Closed |
|
|
WAS
254
WESPAC Advisors SoCal
Pasadena,
California
| – | -$8.32K | -200 | Closed |
|
|
LTFS
255
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$5.7K | -150 | -94% |
|
|
GT
256
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$5K | -136 | Closed |
|
|
AP
257
Advisors Preferred
Rockville,
Maryland
| – | -$5K | -114 | Closed |
|
|
SHJ
258
Sharkey, Howes & Javer
Denver,
Colorado
| – | -$3K | -70 | Closed |
|
|
EFSCE
259
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$1K | -32 | Closed |
|
|
FNBT
260
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$1K | -14 | Closed |
|
THRM Hedge Fund Activity: Q2 2016 in Review
210 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Gentherm (THRM) for Q2 2016, worth a combined $1.22B — down 16% from $1.46B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of THRM and 33 opened new positions — a net loss of 16 holders — while 71 trimmed existing stakes and 75 added.
The largest buyer was Janus Henderson Investors US, opening a new position worth an estimated $17M. The largest seller was TimesSquare Capital Management, exiting entirely with an estimated $30M sold.
- 210 institutional investors held Gentherm (THRM) as of Q2 2016, down from 228 in Q1 2016.
- Funds reported $1.22B of Gentherm stock for Q2 2016, down 16% quarter-over-quarter.
- 33 funds opened new Gentherm positions in Q2 2016 and 49 closed out, a net change of -16 holders.
- The largest Gentherm buyer in Q2 2016 was Janus Henderson Investors US, an estimated $17M added.
- The largest Gentherm seller in Q2 2016 was TimesSquare Capital Management, an estimated $30M sold.
Based on aggregated 13F filings for Q2 2016.