Titan Machinery
TITN
126 hedge funds and large institutions have $420M invested in Titan Machinery in 2021 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 33 increasing their positions, 44 reducing their positions, and 23 closing their positions.
30% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 23
28% more capital invested
Capital invested by funds: $329M → $420M (+$90.8M)
6% more funds holding
Funds holding: 119 → 126 (+7)
1.23% less ownership
Funds ownership: 75.23% → 74% (-1.2%)
25% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 44
54% less call options, than puts
Call options by funds: $2.42M | Put options by funds: $5.31M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$14.6M |
| 2 |
Bank of New York Mellon
New York
|
+$12.4M |
| 3 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$5.01M |
| 4 |
LCG
Lisanti Capital Growth
New York
|
+$4.08M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$3.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.56M |
| 2 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
-$5.23M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$5.23M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.07M |
| 5 |
Charles Schwab
San Francisco,
California
|
-$4.46M |
TITN Hedge Fund Activity: Q1 2021 in Review
126 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Titan Machinery (TITN) for Q1 2021, worth a combined $420M — up 28% from $329M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TITN positions and 23 closed out — a net gain of 7 holders — while 33 added to existing stakes and 44 trimmed.
The largest buyer was Principal Financial Group, opening a new position worth an estimated $14.6M. The largest seller was Fidelity Investments, cutting an estimated $6.56M.
- 126 institutional investors held Titan Machinery (TITN) as of Q1 2021, up from 119 in Q4 2020.
- Funds reported $420M of Titan Machinery stock for Q1 2021, up 28% quarter-over-quarter.
- 30 funds opened new Titan Machinery positions in Q1 2021 and 23 closed out, a net change of +7 holders.
- The largest Titan Machinery buyer in Q1 2021 was Principal Financial Group, an estimated $14.6M added.
- The largest Titan Machinery seller in Q1 2021 was Fidelity Investments, an estimated $6.56M sold.
Based on aggregated 13F filings for Q1 2021.