Gentherm
THRM
139 hedge funds and large institutions have $841M invested in Gentherm in 2013 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 45 increasing their positions, 46 reducing their positions, and 15 closing their positions.
93% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 15
45% more capital invested
Capital invested by funds: $580M → $841M (+$261M)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
11% more funds holding
Funds holding: 125 → 139 (+14)
2% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$21.7M |
| 2 |
FMA
Fiduciary Management Associates
Chicago,
Illinois
|
+$17.3M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$8.9M |
| 4 |
CM
Castleark Management
Chicago,
Illinois
|
+$8.14M |
| 5 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$7.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCPM
Sagard Capital Partners Management
New York
|
-$16.9M |
| 2 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$8.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.09M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
-$4M |
| 5 |
TCM
Tygh Capital Management
Portland,
Oregon
|
-$3.84M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ARTA
151
A.R.T. Advisors
New York
| – | -$1.03M | -53,812 | Closed |
|
152
ProShare Advisors
Bethesda,
Maryland
| – | -$403K | -21,116 | Closed |
|
|
CCM
153
Condor Capital Management
Martinsville,
New Jersey
| – | -$197K | -10,303 | Closed |
|
154
SG Americas Securities
New York
| – | -$121K | -6,358 | Closed |
|
THRM Hedge Fund Activity: Q4 2013 in Review
139 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Gentherm (THRM) for Q4 2013, worth a combined $841M — up 45% from $580M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new THRM positions and 15 closed out — a net gain of 14 holders — while 45 added to existing stakes and 46 trimmed.
The largest buyer was Lord, Abbett & Co, adding an estimated $21.7M. The largest seller was Sagard Capital Partners Management, exiting entirely with an estimated $16.9M sold.
- 139 institutional investors held Gentherm (THRM) as of Q4 2013, up from 125 in Q3 2013.
- Funds reported $841M of Gentherm stock for Q4 2013, up 45% quarter-over-quarter.
- 29 funds opened new Gentherm positions in Q4 2013 and 15 closed out, a net change of +14 holders.
- The largest Gentherm buyer in Q4 2013 was Lord, Abbett & Co, an estimated $21.7M added.
- The largest Gentherm seller in Q4 2013 was Sagard Capital Partners Management, an estimated $16.9M sold.
Based on aggregated 13F filings for Q4 2013.