Titan Machinery
TITN
118 hedge funds and large institutions have $282M invested in Titan Machinery in 2018 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 51 increasing their positions, 34 reducing their positions, and 18 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 34
2% less capital invested
Capital invested by funds: $289M → $282M (-$6.97M)
2.16% less ownership
Funds ownership: 84.24% → 82.08% (-2.2%)
4% less funds holding
Funds holding: 123 → 118 (-5)
17% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 18
55% less call options, than puts
Call options by funds: $581K | Put options by funds: $1.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
+$4.59M |
| 2 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$3.86M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.88M |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$1.74M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.7M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$4.03M |
| 3 |
Renaissance Technologies
New York
|
-$2.3M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.08M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$1.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCA
126
Secor Capital Advisors
New York
| – | -$248K | -15,963 | Closed |
|
127
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$241K | -15,499 | Closed |
|
128
Prudential Financial
Newark,
New Jersey
| – | -$239K | -15,369 | Closed |
|
|
PP
129
PDT Partners
New York
| – | -$233K | -15,000 | Closed |
|
|
MWNA
130
Marshall Wace North America
New York
| – | -$227K | -14,601 | Closed |
|
|
CS
131
Credit Suisse
Zurich,
Switzerland
| – | -$226K | -14,543 | Closed |
|
|
AIMCA
132
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
| – | -$201K | -12,900 | Closed |
|
|
PIA
133
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$5K | -327 | Closed |
|
|
MAM
134
Meeder Asset Management
Dublin,
Ohio
| – | -$1.04K | -67 | Closed |
|
135
Group One Trading
Chicago,
Illinois
| – | -$16 | -1 | Closed |
|
|
HNB
136
Huntington National Bank
Columbus,
Ohio
| – | +$16 | +1 | New |
|
TITN Hedge Fund Activity: Q3 2018 in Review
118 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Titan Machinery (TITN) for Q3 2018, worth a combined $282M — down 2.4% from $289M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of TITN and 15 opened new positions — a net loss of 3 holders — while 34 trimmed existing stakes and 51 added.
The largest buyer was Global Alpha Capital Management, adding an estimated $4.59M. The largest seller was Fidelity Investments, cutting an estimated $11.7M.
- 118 institutional investors held Titan Machinery (TITN) as of Q3 2018, down from 123 in Q2 2018.
- Funds reported $282M of Titan Machinery stock for Q3 2018, down 2.4% quarter-over-quarter.
- 15 funds opened new Titan Machinery positions in Q3 2018 and 18 closed out, a net change of -3 holders.
- The largest Titan Machinery buyer in Q3 2018 was Global Alpha Capital Management, an estimated $4.59M added.
- The largest Titan Machinery seller in Q3 2018 was Fidelity Investments, an estimated $11.7M sold.
Based on aggregated 13F filings for Q3 2018.