Titan Machinery
TITN
101 hedge funds and large institutions have $370M invested in Titan Machinery in 2013 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 33 increasing their positions, 38 reducing their positions, and 35 closing their positions.
5% more capital invested
Capital invested by funds: $351M → $370M (+$19.2M)
11% less call options, than puts
Call options by funds: $2.87M | Put options by funds: $3.21M
13% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 38
19% less funds holding
Funds holding: 124 → 101 (-23)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
66% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$40.3M |
| 2 |
TC
Towle & Co
Denver,
Colorado
|
+$15.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$8.5M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$5.25M |
| 5 |
Millennium Management
New York
|
+$4.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$18.4M |
| 2 |
EIP
Epoch Investment Partners
New York
|
-$11.9M |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$7.16M |
| 4 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$6.09M |
| 5 |
SONJCPFA
State of New Jersey Common Pension Fund A
Trenton,
New Jersey
|
-$5.57M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Tudor Investment Corp
Stamford,
Connecticut
| – | -$241K | -15,000 | Closed |
|
|
PG
127
PEAK6 Group
Chicago,
Illinois
| – | -$235K | -13,926 | Closed |
|
|
AWMDMG
128
Austin W. Marxe & David M. Greenhouse
New York
| – | -$222K | -13,794 | Closed |
|
|
ARTA
129
A.R.T. Advisors
New York
| – | -$202K | -12,576 | Closed |
|
|
JAFL
130
Jay A. Fishman Ltd
Troy,
Michigan
| – | -$179K | -11,150 | Closed |
|
131
ProShare Advisors
Bethesda,
Maryland
| – | -$176K | -10,931 | Closed |
|
132
SG Americas Securities
New York
| – | -$109K | -6,781 | Closed |
|
133
Group One Trading
Chicago,
Illinois
| – | -$46.5K | -2,759 | Closed |
|
|
GT
134
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$3K | -200 | Closed |
|
135
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -109 | Closed |
|
|
WA
136
WFG Advisors
Dallas,
Texas
| – | +$169 | +10 | New |
|
TITN Hedge Fund Activity: Q4 2013 in Review
101 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Titan Machinery (TITN) for Q4 2013, worth a combined $370M — up 5.5% from $351M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of TITN and 12 opened new positions — a net loss of 23 holders — while 38 trimmed existing stakes and 33 added.
The largest buyer was Fidelity Investments, adding an estimated $40.3M. The largest seller was Opus Capital Group, exiting entirely with an estimated $18.4M sold.
- 101 institutional investors held Titan Machinery (TITN) as of Q4 2013, down from 124 in Q3 2013.
- Funds reported $370M of Titan Machinery stock for Q4 2013, up 5.5% quarter-over-quarter.
- 12 funds opened new Titan Machinery positions in Q4 2013 and 35 closed out, a net change of -23 holders.
- The largest Titan Machinery buyer in Q4 2013 was Fidelity Investments, an estimated $40.3M added.
- The largest Titan Machinery seller in Q4 2013 was Opus Capital Group, an estimated $18.4M sold.
Based on aggregated 13F filings for Q4 2013.