Titan Machinery
TITN
124 hedge funds and large institutions have $351M invested in Titan Machinery in 2013 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 54 increasing their positions, 44 reducing their positions, and 20 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
23% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 44
6% less funds holding
Funds holding: 132 → 124 (-8)
12% less capital invested
Capital invested by funds: $397M → $351M (-$46.3M)
29% less call options, than puts
Call options by funds: $2.41M | Put options by funds: $3.42M
35% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$36.7M |
| 2 |
HCM
Huber Capital Management
El Segundo,
California
|
+$14.5M |
| 3 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$10.5M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$6.93M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$3.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$27.1M |
| 2 |
KeyBank National Association
Cleveland,
Ohio
|
-$12.8M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$9.02M |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
-$5.85M |
| 5 |
AWMDMG
Austin W. Marxe & David M. Greenhouse
New York
|
-$5.18M |
TITN Hedge Fund Activity: Q3 2013 in Review
124 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Titan Machinery (TITN) for Q3 2013, worth a combined $351M — down 12% from $397M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of TITN and 13 opened new positions — a net loss of 7 holders — while 44 trimmed existing stakes and 54 added.
The largest buyer was Invesco, adding an estimated $36.7M. The largest seller was Advisory Research, exiting entirely with an estimated $27.1M sold.
- 124 institutional investors held Titan Machinery (TITN) as of Q3 2013, down from 132 in Q2 2013.
- Funds reported $351M of Titan Machinery stock for Q3 2013, down 12% quarter-over-quarter.
- 13 funds opened new Titan Machinery positions in Q3 2013 and 20 closed out, a net change of -7 holders.
- The largest Titan Machinery buyer in Q3 2013 was Invesco, an estimated $36.7M added.
- The largest Titan Machinery seller in Q3 2013 was Advisory Research, an estimated $27.1M sold.
Based on aggregated 13F filings for Q3 2013.