Titan International
TWI
189 hedge funds and large institutions have $728M invested in Titan International in 2013 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 80 increasing their positions, 60 reducing their positions, and 30 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
33% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 60
2% less funds holding
Funds holding: 193 → 189 (-4)
2.79% less ownership
Funds ownership: 95.52% → 92.73% (-2.8%)
10% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 30
16% less capital invested
Capital invested by funds: $862M → $728M (-$135M)
65% less call options, than puts
Call options by funds: $2.25M | Put options by funds: $6.43M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
+$27.5M |
| 2 |
SCM
SkyTop Capital Management
Rutherford,
New Jersey
|
+$11.3M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.76M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$6.93M |
| 5 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$6.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$17.4M |
| 2 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$17.3M |
| 3 |
Bank of New York Mellon
New York
|
-$16.8M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$16.6M |
| 5 |
WC
Walthausen & Co
Malta,
New York
|
-$12.5M |
TWI Hedge Fund Activity: Q3 2013 in Review
189 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Titan International (TWI) for Q3 2013, worth a combined $728M — down 16% from $862M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of TWI and 27 opened new positions — a net loss of 3 holders — while 60 trimmed existing stakes and 80 added.
The largest buyer was Pekin Hardy Strauss, opening a new position worth an estimated $27.5M. The largest seller was Suntrust Banks, cutting an estimated $17.4M.
- 189 institutional investors held Titan International (TWI) as of Q3 2013, down from 193 in Q2 2013.
- Funds reported $728M of Titan International stock for Q3 2013, down 16% quarter-over-quarter.
- 27 funds opened new Titan International positions in Q3 2013 and 30 closed out, a net change of -3 holders.
- The largest Titan International buyer in Q3 2013 was Pekin Hardy Strauss, an estimated $27.5M added.
- The largest Titan International seller in Q3 2013 was Suntrust Banks, an estimated $17.4M sold.
Based on aggregated 13F filings for Q3 2013.