Titan Machinery
TITN
98 hedge funds and large institutions have $264M invested in Titan Machinery in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 37 increasing their positions, 29 reducing their positions, and 12 closing their positions.
2,067% more call options, than puts
Call options by funds: $325K | Put options by funds: $15K
28% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 29
4% more capital invested
Capital invested by funds: $253M → $264M (+$10.6M)
0.83% less ownership
Funds ownership: 79.65% → 78.82% (-0.83%)
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
6% less funds holding
Funds holding: 104 → 98 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$16.9M |
| 2 |
JP Morgan Chase
New York
|
+$4.45M |
| 3 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$3.08M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$2.24M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$6.55M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$4.54M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.21M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$1.08M |
| 5 |
TC
Towle & Co
Denver,
Colorado
|
-$1.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$288K | -19,739 | Closed |
|
|
VKH
102
Virtu KCG Holdings
New York
| – | -$283K | -19,432 | Closed |
|
|
WC
103
Wexford Capital
West Palm Beach,
Florida
| – | -$239K | -16,437 | Closed |
|
|
GC
104
Gilbert & Cook
West Des Moines,
Iowa
| – | -$230K | -15,793 | Closed |
|
|
EMG
105
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$200K | -13,700 | Closed |
|
106
Squarepoint
New York
| – | -$171K | -11,716 | Closed |
|
|
LTFS
107
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$29K | -2,020 | Closed |
|
108
Group One Trading
Chicago,
Illinois
| – | -$26K | -1,764 | Closed |
|
|
TRCT
109
Tower Research Capital (TRC)
New York
| – | -$7K | -528 | Closed |
|
TITN Hedge Fund Activity: Q1 2017 in Review
98 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Titan Machinery (TITN) for Q1 2017, worth a combined $264M — up 4.2% from $253M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TITN and 11 opened new positions — a net loss of 1 holder — while 29 trimmed existing stakes and 37 added.
The largest buyer was BlackRock, adding an estimated $16.9M. The largest seller was Brandywine Global Investment Management, cutting an estimated $6.55M.
- 98 institutional investors held Titan Machinery (TITN) as of Q1 2017, down from 104 in Q4 2016.
- Funds reported $264M of Titan Machinery stock for Q1 2017, up 4.2% quarter-over-quarter.
- 11 funds opened new Titan Machinery positions in Q1 2017 and 12 closed out, a net change of -1 holder.
- The largest Titan Machinery buyer in Q1 2017 was BlackRock, an estimated $16.9M added.
- The largest Titan Machinery seller in Q1 2017 was Brandywine Global Investment Management, an estimated $6.55M sold.
Based on aggregated 13F filings for Q1 2017.