Titan Machinery
TITN
96 hedge funds and large institutions have $301M invested in Titan Machinery in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 34 increasing their positions, 33 reducing their positions, and 12 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 33
5% less funds holding
Funds holding: 101 → 96 (-5)
19% less capital invested
Capital invested by funds: $370M → $301M (-$68.9M)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
49% less call options, than puts
Call options by funds: $2.05M | Put options by funds: $4.04M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$4.91M |
| 2 |
HCM
Huber Capital Management
El Segundo,
California
|
+$3.34M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.84M |
| 4 |
SONJCPFA
State of New Jersey Common Pension Fund A
Trenton,
New Jersey
|
+$1.31M |
| 5 |
D.E. Shaw & Co
New York
|
+$966K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$15.7M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$14.1M |
| 3 |
Millennium Management
New York
|
-$4.7M |
| 4 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$2.77M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$2.65M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
101
Landscape Capital Management
Englewood,
New Jersey
| – | -$178K | -10,000 | Closed |
|
|
PL
102
Parkwood LLC
Cleveland,
Ohio
| – | -$123K | -6,887 | Closed |
|
|
CLM
103
ClearBridge LLC (Maryland)
Baltimore,
Maryland
| – | -$8K | -470 | Closed |
|
|
HNB
104
Huntington National Bank
Columbus,
Ohio
| – | -$5K | -300 | Closed |
|
|
DADC
105
D.A. Davidson & Co
Great Falls,
Montana
| – | -$4K | -270 | Closed |
|
106
BNP Paribas Financial Markets
Paris,
France
| – | -$3.96K | -222 | Closed |
|
107
Creative Planning
Overland Park,
Kansas
| – | -$1K | -80 | Closed |
|
TITN Hedge Fund Activity: Q1 2014 in Review
96 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Titan Machinery (TITN) for Q1 2014, worth a combined $301M — down 19% from $370M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TITN and 9 opened new positions — a net loss of 3 holders — while 33 trimmed existing stakes and 34 added.
The largest buyer was Park West Asset Management, opening a new position worth an estimated $4.91M. The largest seller was Victory Capital Management, exiting entirely with an estimated $15.7M sold.
- 96 institutional investors held Titan Machinery (TITN) as of Q1 2014, down from 101 in Q4 2013.
- Funds reported $301M of Titan Machinery stock for Q1 2014, down 19% quarter-over-quarter.
- 9 funds opened new Titan Machinery positions in Q1 2014 and 12 closed out, a net change of -3 holders.
- The largest Titan Machinery buyer in Q1 2014 was Park West Asset Management, an estimated $4.91M added.
- The largest Titan Machinery seller in Q1 2014 was Victory Capital Management, an estimated $15.7M sold.
Based on aggregated 13F filings for Q1 2014.