Titan Machinery
TITN
156 hedge funds and large institutions have $553M invested in Titan Machinery in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 71 increasing their positions, 46 reducing their positions, and 38 closing their positions.
76% more call options, than puts
Call options by funds: $6.54M | Put options by funds: $3.72M
54% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 46
1.63% more ownership
Funds ownership: 81.02% → 82.65% (+1.6%)
1% less capital invested
Capital invested by funds: $561M → $553M (-$7.78M)
13% less funds holding
Funds holding: 179 → 156 (-23)
55% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 38
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$13.2M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$9.92M |
| 3 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$9.81M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$6.75M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$4.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$19.2M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$6.26M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$4.61M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$3.7M |
| 5 |
CCS
Concentric Capital Strategies
Stamford,
Connecticut
|
-$3.27M |
TITN Hedge Fund Activity: Q2 2023 in Review
156 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Titan Machinery (TITN) for Q2 2023, worth a combined $553M — down 1.4% from $561M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of TITN and 17 opened new positions — a net loss of 21 holders — while 46 trimmed existing stakes and 71 added.
The largest buyer was William Blair Investment Management, opening a new position worth an estimated $13.2M. The largest seller was Millennium Management, cutting an estimated $19.2M.
- 156 institutional investors held Titan Machinery (TITN) as of Q2 2023, down from 179 in Q1 2023.
- Funds reported $553M of Titan Machinery stock for Q2 2023, down 1.4% quarter-over-quarter.
- 17 funds opened new Titan Machinery positions in Q2 2023 and 38 closed out, a net change of -21 holders.
- The largest Titan Machinery buyer in Q2 2023 was William Blair Investment Management, an estimated $13.2M added.
- The largest Titan Machinery seller in Q2 2023 was Millennium Management, an estimated $19.2M sold.
Based on aggregated 13F filings for Q2 2023.