Titan Machinery
TITN
88 hedge funds and large institutions have $256M invested in Titan Machinery in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 38 increasing their positions, 28 reducing their positions, and 15 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 28
10% less funds holding
Funds holding: 98 → 88 (-10)
16% less capital invested
Capital invested by funds: $304M → $256M (-$47.4M)
67% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 15
76% less call options, than puts
Call options by funds: $951K | Put options by funds: $4.04M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
Top Sellers
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.67M |
| 2 |
RA
Royce & Associates
New York
|
-$1.52M |
| 3 |
BCM
Basswood Capital Management
New York
|
-$1.3M |
| 4 |
SC
Skylands Capital
Milwaukee,
Wisconsin
|
-$1.12M |
| 5 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$803K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GSC
101
Ground Swell Capital
Folly Beach,
South Carolina
| – | -$9K | -537 | Closed |
|
102
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$7K | -430 | Closed |
|
TITN Hedge Fund Activity: Q3 2014 in Review
88 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Titan Machinery (TITN) for Q3 2014, worth a combined $256M — down 16% from $304M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of TITN and 5 opened new positions — a net loss of 10 holders — while 28 trimmed existing stakes and 38 added.
The largest buyer was Rutabaga Capital Management, opening a new position worth an estimated $10.8M. The largest seller was Ameriprise, cutting an estimated $1.67M.
- 88 institutional investors held Titan Machinery (TITN) as of Q3 2014, down from 98 in Q2 2014.
- Funds reported $256M of Titan Machinery stock for Q3 2014, down 16% quarter-over-quarter.
- 5 funds opened new Titan Machinery positions in Q3 2014 and 15 closed out, a net change of -10 holders.
- The largest Titan Machinery buyer in Q3 2014 was Rutabaga Capital Management, an estimated $10.8M added.
- The largest Titan Machinery seller in Q3 2014 was Ameriprise, an estimated $1.67M sold.
Based on aggregated 13F filings for Q3 2014.