Titan Machinery
TITN
100 hedge funds and large institutions have $214M invested in Titan Machinery in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 37 increasing their positions, 29 reducing their positions, and 12 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 29
5% more capital invested
Capital invested by funds: $204M → $214M (+$9.87M)
2% less funds holding
Funds holding: 102 → 100 (-2)
15% less call options, than puts
Call options by funds: $648K | Put options by funds: $760K
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$8.12M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$4.07M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$2.35M |
| 4 |
JP Morgan Chase
New York
|
+$1.65M |
| 5 |
Morgan Stanley
New York
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$13M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$2.15M |
| 3 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
-$1.7M |
| 4 |
RS
Robeco Schweiz
Zurich,
Switzerland
|
-$989K |
| 5 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$984K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RS
101
Robeco Schweiz
Zurich,
Switzerland
| – | -$989K | -90,000 | Closed |
|
102
Citadel Advisors
Miami,
Florida
| – | -$903K | -82,583 | Closed |
|
|
PRCM
103
Pine River Capital Management
Minnetonka,
Minnesota
| – | -$633K | -57,900 | Closed |
|
|
LA
104
Lucus Advisors
New York
| – | -$414K | -37,921 | Closed |
|
|
HHC
105
Hutchin Hill Capital
New York
| – | -$351K | -32,100 | Closed |
|
106
Walleye Trading
New York
| – | -$295K | -29,966 | Closed |
|
|
PP
107
PDT Partners
New York
| – | -$197K | -18,000 | Closed |
|
108
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$128K | -11,834 | Closed |
|
|
HRCM
109
Hood River Capital Management
Palm Beach Gardens,
Florida
| – | -$79K | -7,211 | Closed |
|
110
BNP Paribas Financial Markets
Paris,
France
| – | -$36.7K | -3,358 | Closed |
|
111
Group One Trading
Chicago,
Illinois
| – | -$25K | -2,256 | Closed |
|
TITN Hedge Fund Activity: Q1 2016 in Review
100 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Titan Machinery (TITN) for Q1 2016, worth a combined $214M — up 4.8% from $204M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TITN and 10 opened new positions — a net loss of 2 holders — while 29 trimmed existing stakes and 37 added.
The largest buyer was Brandywine Global Investment Management, adding an estimated $8.12M. The largest seller was Invesco, cutting an estimated $13M.
- 100 institutional investors held Titan Machinery (TITN) as of Q1 2016, down from 102 in Q4 2015.
- Funds reported $214M of Titan Machinery stock for Q1 2016, up 4.8% quarter-over-quarter.
- 10 funds opened new Titan Machinery positions in Q1 2016 and 12 closed out, a net change of -2 holders.
- The largest Titan Machinery buyer in Q1 2016 was Brandywine Global Investment Management, an estimated $8.12M added.
- The largest Titan Machinery seller in Q1 2016 was Invesco, an estimated $13M sold.
Based on aggregated 13F filings for Q1 2016.