Gentherm
THRM
221 hedge funds and large institutions have $1.83B invested in Gentherm in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 94 increasing their positions, 76 reducing their positions, and 29 closing their positions.
24,383% more call options, than puts
Call options by funds: $1.47M | Put options by funds: $6K
24% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 76
0.7% more ownership
Funds ownership: 96.95% → 97.65% (+0.7%)
5% less funds holding
Funds holding: 232 → 221 (-11)
6% less capital invested
Capital invested by funds: $1.95B → $1.83B (-$117M)
38% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 29
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$10.3M |
| 2 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$8.79M |
| 3 |
Millennium Management
New York
|
+$6.81M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$4.84M |
| 5 |
Morgan Stanley
New York
|
+$3.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$24.2M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$10.6M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$5.69M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$4.38M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$3.55M |
THRM Hedge Fund Activity: Q2 2023 in Review
221 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Gentherm (THRM) for Q2 2023, worth a combined $1.83B — down 6% from $1.95B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of THRM and 18 opened new positions — a net loss of 11 holders — while 76 trimmed existing stakes and 94 added.
The largest buyer was Van Berkom & Associates, adding an estimated $10.3M. The largest seller was Capital International Investors, exiting entirely with an estimated $24.2M sold.
- 221 institutional investors held Gentherm (THRM) as of Q2 2023, down from 232 in Q1 2023.
- Funds reported $1.83B of Gentherm stock for Q2 2023, down 6% quarter-over-quarter.
- 18 funds opened new Gentherm positions in Q2 2023 and 29 closed out, a net change of -11 holders.
- The largest Gentherm buyer in Q2 2023 was Van Berkom & Associates, an estimated $10.3M added.
- The largest Gentherm seller in Q2 2023 was Capital International Investors, an estimated $24.2M sold.
Based on aggregated 13F filings for Q2 2023.