Titan Machinery
TITN
148 hedge funds and large institutions have $540M invested in Titan Machinery in 2021 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 46 increasing their positions, 42 reducing their positions, and 10 closing their positions.
220% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 10
97% more call options, than puts
Call options by funds: $11.9M | Put options by funds: $6.02M
29% more capital invested
Capital invested by funds: $420M → $540M (+$120M)
17% more funds holding
Funds holding: 126 → 148 (+22)
5% more ownership
Funds ownership: 74.02% → 79.02% (+5%)
10% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$10.1M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$4.98M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$4.22M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$3.93M |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$3.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
-$12.2M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$7.57M |
| 3 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$5.4M |
| 4 |
Renaissance Technologies
New York
|
-$2.95M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TI
151
Trexquant Investment
Stamford,
Connecticut
| – | -$390K | -15,275 | Closed |
|
|
IRC
152
Investors Research Corp
Atlanta,
Georgia
| – | -$387K | -15,175 | Closed |
|
|
ZIM
153
Zacks Investment Management
Chicago,
Illinois
| – | -$232K | -9,115 | Closed |
|
|
FP
154
Financial Perspectives
Minneapolis,
Minnesota
| – | -$200K | -5,100 | Closed |
|
155
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$15K | -559 | Closed |
|
|
PHK
156
Point72 Hong Kong
Hong Kong
| – | -$15.6K | -556 | -98% |
|
TITN Hedge Fund Activity: Q2 2021 in Review
148 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Titan Machinery (TITN) for Q2 2021, worth a combined $540M — up 29% from $420M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new TITN positions and 10 closed out — a net gain of 22 holders — while 46 added to existing stakes and 42 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $10.1M. The largest seller was Global Alpha Capital Management, cutting an estimated $12.2M.
- 148 institutional investors held Titan Machinery (TITN) as of Q2 2021, up from 126 in Q1 2021.
- Funds reported $540M of Titan Machinery stock for Q2 2021, up 29% quarter-over-quarter.
- 32 funds opened new Titan Machinery positions in Q2 2021 and 10 closed out, a net change of +22 holders.
- The largest Titan Machinery buyer in Q2 2021 was Driehaus Capital Management, an estimated $10.1M added.
- The largest Titan Machinery seller in Q2 2021 was Global Alpha Capital Management, an estimated $12.2M sold.
Based on aggregated 13F filings for Q2 2021.