Travelers Companies
781 hedge funds and large institutions have $28.6B invested in Travelers Companies in 2013 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 286 increasing their positions, 298 reducing their positions, and 57 closing their positions.
26% more call options, than puts
Call options by funds: $145M | Put options by funds: $116M
17% more capital invested
Capital invested by funds: $24.4B → $28.6B (+$4.16B)
14% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 57
0% more funds holding
Funds holding: 780 → 781 (+1)
0.63% less ownership
Funds ownership: 81.67% → 81.04% (-0.63%)
4% less repeat investments, than reductions
Existing positions increased: 286 | Existing positions reduced: 298
13% less funds holding in top 10
Funds holding in top 10: 16 → 14 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$107M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$80.9M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$62.4M |
| 4 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$53.4M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$52.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$149M |
| 2 |
State Street
Boston,
Massachusetts
|
-$143M |
| 3 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$88.4M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$73.3M |
| 5 |
Renaissance Technologies
New York
|
-$58.2M |
TRV Hedge Fund Activity: Q3 2013 in Review
781 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Travelers Companies (TRV) for Q3 2013, worth a combined $28.6B — up 17% from $24.4B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new TRV positions and 57 closed out — a net gain of 8 holders — while 286 added to existing stakes and 298 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $107M. The largest seller was Lord, Abbett & Co, cutting an estimated $149M.
- 781 institutional investors held Travelers Companies (TRV) as of Q3 2013, up from 780 in Q2 2013.
- Funds reported $28.6B of Travelers Companies stock for Q3 2013, up 17% quarter-over-quarter.
- 65 funds opened new Travelers Companies positions in Q3 2013 and 57 closed out, a net change of +8 holders.
- The largest Travelers Companies buyer in Q3 2013 was Massachusetts Financial Services, an estimated $107M added.
- The largest Travelers Companies seller in Q3 2013 was Lord, Abbett & Co, an estimated $149M sold.
Based on aggregated 13F filings for Q3 2013.