Timken Company
326 hedge funds and large institutions have $3.75B invested in Timken Company in 2013 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 116 increasing their positions, 115 reducing their positions, and 67 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 6 → 10 (+4)
10% more call options, than puts
Call options by funds: $47M | Put options by funds: $42.7M
1% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 115
3.82% less ownership
Funds ownership: 100.79% → 96.97% (-3.8%)
7% less funds holding
Funds holding: 350 → 326 (-24)
10% less capital invested
Capital invested by funds: $4.15B → $3.75B (-$397M)
30% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 67
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EARNEST Partners
Atlanta,
Georgia
|
+$93.4M |
| 2 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
+$45.4M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
+$42.2M |
| 4 |
RI
Relational Investors
San Diego,
California
|
+$40.9M |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$33.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$67.5M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$60.9M |
| 3 |
First Eagle Investment Management
New York
|
-$60.9M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$55.3M |
| 5 |
Millennium Management
New York
|
-$26.1M |
TKR Hedge Fund Activity: Q4 2013 in Review
326 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Timken Company (TKR) for Q4 2013, worth a combined $3.75B — down 9.6% from $4.15B a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of TKR and 47 opened new positions — a net loss of 20 holders — while 115 trimmed existing stakes and 116 added.
The largest buyer was EARNEST Partners, opening a new position worth an estimated $93.4M. The largest seller was LSV Asset Management, cutting an estimated $67.5M.
- 326 institutional investors held Timken Company (TKR) as of Q4 2013, down from 350 in Q3 2013.
- Funds reported $3.75B of Timken Company stock for Q4 2013, down 9.6% quarter-over-quarter.
- 47 funds opened new Timken Company positions in Q4 2013 and 67 closed out, a net change of -20 holders.
- The largest Timken Company buyer in Q4 2013 was EARNEST Partners, an estimated $93.4M added.
- The largest Timken Company seller in Q4 2013 was LSV Asset Management, an estimated $67.5M sold.
Based on aggregated 13F filings for Q4 2013.