Timken Company
314 hedge funds and large institutions have $2.91B invested in Timken Company in 2014 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 48 increasing their positions, 218 reducing their positions, and 57 closing their positions.
4% less funds holding
Funds holding: 326 → 314 (-12)
16% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 57
19% less call options, than puts
Call options by funds: $12.5M | Put options by funds: $15.5M
30.81% less ownership
Funds ownership: 105.87% → 75.06% (-31%)
38% less capital invested
Capital invested by funds: $4.7B → $2.91B (-$1.79B)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
78% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 218
Top Buyers
| 1 |
GCM
Gates Capital Management
New York
|
+$121M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$106M |
| 3 |
GAM
Gotham Asset Management
New York
|
+$28M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$21.5M |
| 5 |
Select Equity Group
New York
|
+$21.3M |
Top Sellers
| 1 |
RI
Relational Investors
San Diego,
California
|
-$465M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$149M |
| 3 |
Goldman Sachs
New York
|
-$124M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$75.7M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$47.7M |
TKR Hedge Fund Activity: Q3 2014 in Review
314 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Timken Company (TKR) for Q3 2014, worth a combined $2.91B — down 38% from $4.7B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of TKR and 48 opened new positions — a net loss of 9 holders — while 218 trimmed existing stakes and 48 added.
The largest buyer was Gates Capital Management, opening a new position worth an estimated $121M. The largest seller was Relational Investors, exiting entirely with an estimated $465M sold.
- 314 institutional investors held Timken Company (TKR) as of Q3 2014, down from 326 in Q2 2014.
- Funds reported $2.91B of Timken Company stock for Q3 2014, down 38% quarter-over-quarter.
- 48 funds opened new Timken Company positions in Q3 2014 and 57 closed out, a net change of -9 holders.
- The largest Timken Company buyer in Q3 2014 was Gates Capital Management, an estimated $121M added.
- The largest Timken Company seller in Q3 2014 was Relational Investors, an estimated $465M sold.
Based on aggregated 13F filings for Q3 2014.