Titan Machinery
TITN
122 hedge funds and large institutions have $246M invested in Titan Machinery in 2019 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 46 increasing their positions, 43 reducing their positions, and 17 closing their positions.
50% more call options, than puts
Call options by funds: $1.76M | Put options by funds: $1.17M
7% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 43
0% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 17
2% less funds holding
Funds holding: 124 → 122 (-2)
2.04% less ownership
Funds ownership: 78.71% → 76.67% (-2%)
32% less capital invested
Capital invested by funds: $359M → $246M (-$113M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$3.17M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$2.04M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$2M |
| 4 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
+$1.81M |
| 5 |
ACB
Aristotle Capital Boston
Boston,
Massachusetts
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$6.02M |
| 2 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$3.74M |
| 3 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$3.64M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.38M |
| 5 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
-$1.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Prudential Financial
Newark,
New Jersey
| – | -$499K | -24,241 | Closed |
|
|
PI
127
PEAK6 Investments
Chicago,
Illinois
| – | -$398K | -22,335 | Closed |
|
128
Boston Partners
Boston,
Massachusetts
| – | -$425K | -20,636 | Closed |
|
|
MF
129
Magnetar Financial
Evanston,
Illinois
| – | -$326K | -15,833 | Closed |
|
|
AG
130
Algert Global
San Francisco,
California
| – | -$323K | -15,697 | Closed |
|
131
SG Americas Securities
New York
| – | -$260K | -12,628 | Closed |
|
|
WCM
132
Weld Capital Management
New York
| – | -$255K | -12,385 | Closed |
|
133
Simplex Trading
Chicago,
Illinois
| – | -$194K | -10,859 | Closed |
|
134
Point72 Asset Management
Stamford,
Connecticut
| – | -$201K | -9,785 | Closed |
|
|
QT
135
Quantamental Technologies
White Plains,
New York
| – | -$45K | -2,209 | Closed |
|
|
AG
136
Aperio Group
Sausalito,
California
| – | -$29K | -1,419 | Closed |
|
137
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$20K | -989 | Closed |
|
138
AssetMark Inc
Concord,
California
| – | -$1K | -50 | Closed |
|
TITN Hedge Fund Activity: Q3 2019 in Review
122 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Titan Machinery (TITN) for Q3 2019, worth a combined $246M — down 32% from $359M a quarter earlier.
Fund positioning in TITN was balanced in Q3 2019: 17 funds opened new positions, 17 closed out, 46 added to existing stakes and 43 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $3.17M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $6.02M sold.
- 122 institutional investors held Titan Machinery (TITN) as of Q3 2019, down from 124 in Q2 2019.
- Funds reported $246M of Titan Machinery stock for Q3 2019, down 32% quarter-over-quarter.
- 17 funds opened new Titan Machinery positions in Q3 2019 and 17 closed out, a net change of 0 holders.
- The largest Titan Machinery buyer in Q3 2019 was Renaissance Technologies, an estimated $3.17M added.
- The largest Titan Machinery seller in Q3 2019 was Driehaus Capital Management, an estimated $6.02M sold.
Based on aggregated 13F filings for Q3 2019.