Timken Company
350 hedge funds and large institutions have $4.15B invested in Timken Company in 2013 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 128 increasing their positions, 121 reducing their positions, and 43 closing their positions.
40% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 43
15% more call options, than puts
Call options by funds: $43M | Put options by funds: $37.5M
9% more capital invested
Capital invested by funds: $3.8B → $4.15B (+$345M)
4% more funds holding
Funds holding: 336 → 350 (+14)
2.54% more ownership
Funds ownership: 98.25% → 100.79% (+2.5%)
6% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 121
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
+$60.3M |
| 2 |
RI
Relational Investors
San Diego,
California
|
+$53.3M |
| 3 |
HP
Holowesko Partners
Nassau,
Bahamas
|
+$38.5M |
| 4 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
+$38.5M |
| 5 |
SC
Samlyn Capital
New York
|
+$34.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$75.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$59.3M |
| 3 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$51.5M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$36.1M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$23M |
TKR Hedge Fund Activity: Q3 2013 in Review
350 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Timken Company (TKR) for Q3 2013, worth a combined $4.15B — up 9.1% from $3.8B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new TKR positions and 43 closed out — a net gain of 17 holders — while 128 added to existing stakes and 121 trimmed.
The largest buyer was First Eagle Investment Management, opening a new position worth an estimated $60.3M. The largest seller was AllianceBernstein, cutting an estimated $75.5M.
- 350 institutional investors held Timken Company (TKR) as of Q3 2013, up from 336 in Q2 2013.
- Funds reported $4.15B of Timken Company stock for Q3 2013, up 9.1% quarter-over-quarter.
- 60 funds opened new Timken Company positions in Q3 2013 and 43 closed out, a net change of +17 holders.
- The largest Timken Company buyer in Q3 2013 was First Eagle Investment Management, an estimated $60.3M added.
- The largest Timken Company seller in Q3 2013 was AllianceBernstein, an estimated $75.5M sold.
Based on aggregated 13F filings for Q3 2013.