Travelers Companies
846 hedge funds and large institutions have $26.3B invested in Travelers Companies in 2013 Q4 according to their latest regulatory filings, with 114 funds opening new positions, 277 increasing their positions, 328 reducing their positions, and 44 closing their positions.
159% more first-time investments, than exits
New positions opened: 114 | Existing positions closed: 44
21% more funds holding in top 10
Funds holding in top 10: 14 → 17 (+3)
8% more funds holding
Funds holding: 782 → 846 (+64)
3% more capital invested
Capital invested by funds: $25.7B → $26.3B (+$668M)
1.18% less ownership
Funds ownership: 81.04% → 79.85% (-1.2%)
16% less repeat investments, than reductions
Existing positions increased: 277 | Existing positions reduced: 328
18% less call options, than puts
Call options by funds: $114M | Put options by funds: $139M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$52.9M |
| 2 |
MAMU
Marathon Asset Management (UK)
London,
United Kingdom
|
+$51.8M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$36.2M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$35.3M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$24.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$316M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$122M |
| 3 |
Bank of New York Mellon
New York
|
-$74.1M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$72.4M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$71.2M |
TRV Hedge Fund Activity: Q4 2013 in Review
846 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Travelers Companies (TRV) for Q4 2013, worth a combined $26.3B — up 2.6% from $25.7B a quarter earlier.
Buyers outnumbered sellers: 114 funds opened new TRV positions and 44 closed out — a net gain of 70 holders — while 277 added to existing stakes and 328 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $52.9M. The largest seller was Southeastern Asset Management, cutting an estimated $316M.
- 846 institutional investors held Travelers Companies (TRV) as of Q4 2013, up from 782 in Q3 2013.
- Funds reported $26.3B of Travelers Companies stock for Q4 2013, up 2.6% quarter-over-quarter.
- 114 funds opened new Travelers Companies positions in Q4 2013 and 44 closed out, a net change of +70 holders.
- The largest Travelers Companies buyer in Q4 2013 was JP Morgan Chase, an estimated $52.9M added.
- The largest Travelers Companies seller in Q4 2013 was Southeastern Asset Management, an estimated $316M sold.
Based on aggregated 13F filings for Q4 2013.