Titan Machinery
TITN
96 hedge funds and large institutions have $253M invested in Titan Machinery in 2019 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 39 increasing their positions, 35 reducing their positions, and 29 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 35
3% more capital invested
Capital invested by funds: $246M → $253M (+$7.25M)
0.06% less ownership
Funds ownership: 76.67% → 76.61% (-0.06%)
21% less funds holding
Funds holding: 122 → 96 (-26)
83% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 29
84% less call options, than puts
Call options by funds: $224K | Put options by funds: $1.36M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
+$7.29M |
| 2 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$4.19M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$3.08M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.86M |
| 5 |
Morgan Stanley
New York
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.49M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
-$2.8M |
| 3 |
MSL
Mackay Shields LLC
New York
|
-$1.95M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.64M |
| 5 |
Millennium Management
New York
|
-$1.56M |
TITN Hedge Fund Activity: Q4 2019 in Review
96 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Titan Machinery (TITN) for Q4 2019, worth a combined $253M — up 2.9% from $246M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of TITN and 5 opened new positions — a net loss of 24 holders — while 35 trimmed existing stakes and 39 added.
The largest buyer was Global Alpha Capital Management, adding an estimated $7.29M. The largest seller was Fidelity Investments, cutting an estimated $3.49M.
- 96 institutional investors held Titan Machinery (TITN) as of Q4 2019, down from 122 in Q3 2019.
- Funds reported $253M of Titan Machinery stock for Q4 2019, up 2.9% quarter-over-quarter.
- 5 funds opened new Titan Machinery positions in Q4 2019 and 29 closed out, a net change of -24 holders.
- The largest Titan Machinery buyer in Q4 2019 was Global Alpha Capital Management, an estimated $7.29M added.
- The largest Titan Machinery seller in Q4 2019 was Fidelity Investments, an estimated $3.49M sold.
Based on aggregated 13F filings for Q4 2019.