Titan Machinery
TITN
98 hedge funds and large institutions have $223M invested in Titan Machinery in 2020 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 25 increasing their positions, 45 reducing their positions, and 7 closing their positions.
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
19% more capital invested
Capital invested by funds: $188M → $223M (+$35.3M)
9% more funds holding
Funds holding: 90 → 98 (+8)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.66% less ownership
Funds ownership: 77.65% → 74.99% (-2.7%)
44% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 45
68% less call options, than puts
Call options by funds: $216K | Put options by funds: $670K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$973K |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$811K |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$650K |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$631K |
| 5 |
SM
SG3 Management
Dorado,
Puerto Rico
|
+$625K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$1.56M |
| 2 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$1.22M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1M |
| 4 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
-$884K |
| 5 |
Renaissance Technologies
New York
|
-$820K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Lazard Asset Management
New York
| – | -$55K | -5,139 | Closed |
|
|
CAN
102
Cetera Advisor Networks
El Segundo,
California
| – | -$7K | -600 | Closed |
|
|
HIA
103
Harbor Investment Advisory
Lutherville,
Maryland
| – | -$1K | -127 | Closed |
|
|
EAM
104
Eukles Asset Management
Cincinnati,
Ohio
| – | +$61 | +5 | New |
|
TITN Hedge Fund Activity: Q3 2020 in Review
98 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Titan Machinery (TITN) for Q3 2020, worth a combined $223M — up 19% from $188M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new TITN positions and 7 closed out — a net gain of 8 holders — while 25 added to existing stakes and 45 trimmed.
The largest buyer was Brandywine Global Investment Management, adding an estimated $973K. The largest seller was Russell Investments Group, cutting an estimated $1.56M.
- 98 institutional investors held Titan Machinery (TITN) as of Q3 2020, up from 90 in Q2 2020.
- Funds reported $223M of Titan Machinery stock for Q3 2020, up 19% quarter-over-quarter.
- 15 funds opened new Titan Machinery positions in Q3 2020 and 7 closed out, a net change of +8 holders.
- The largest Titan Machinery buyer in Q3 2020 was Brandywine Global Investment Management, an estimated $973K added.
- The largest Titan Machinery seller in Q3 2020 was Russell Investments Group, an estimated $1.56M sold.
Based on aggregated 13F filings for Q3 2020.