Titan International
TWI
159 hedge funds and large institutions have $372M invested in Titan International in 2018 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 71 increasing their positions, 37 reducing their positions, and 23 closing their positions.
119% more call options, than puts
Call options by funds: $447K | Put options by funds: $204K
92% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 37
2.95% less ownership
Funds ownership: 86.68% → 83.73% (-2.9%)
5% less funds holding
Funds holding: 168 → 159 (-9)
33% less capital invested
Capital invested by funds: $556M → $372M (-$184M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
35% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$3.31M |
| 2 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$1.73M |
| 3 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
+$1.69M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$1.64M |
| 5 |
JP Morgan Chase
New York
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$14.6M |
| 2 |
WG
Winton Group
London,
United Kingdom
|
-$4.98M |
| 3 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$4.63M |
| 4 |
MCM
Matarin Capital Management
New York
|
-$3.84M |
| 5 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$1.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PHK
176
Point72 Hong Kong
Hong Kong
| – | -$14K | -1,313 | Closed |
|
|
DSC
177
Duncker Streett & Co
St. Louis,
Missouri
| – | -$6K | -600 | Closed |
|
178
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$6K | -569 | Closed |
|
|
PCM
179
Poehling Capital Management
Madison,
Wisconsin
| – | -$3K | -250 | Closed |
|
|
CAG
180
Csenge Advisory Group
Clearwater,
Florida
| – | +$119 | +14 | New |
|
TWI Hedge Fund Activity: Q3 2018 in Review
159 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Titan International (TWI) for Q3 2018, worth a combined $372M — down 33% from $556M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of TWI and 15 opened new positions — a net loss of 8 holders — while 37 trimmed existing stakes and 71 added.
The largest buyer was BlackRock, adding an estimated $3.31M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $14.6M sold.
- 159 institutional investors held Titan International (TWI) as of Q3 2018, down from 168 in Q2 2018.
- Funds reported $372M of Titan International stock for Q3 2018, down 33% quarter-over-quarter.
- 15 funds opened new Titan International positions in Q3 2018 and 23 closed out, a net change of -8 holders.
- The largest Titan International buyer in Q3 2018 was BlackRock, an estimated $3.31M added.
- The largest Titan International seller in Q3 2018 was Allianz Asset Management, an estimated $14.6M sold.
Based on aggregated 13F filings for Q3 2018.