Titan International
TWI
165 hedge funds and large institutions have $625M invested in Titan International in 2014 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 46 increasing their positions, 66 reducing their positions, and 24 closing their positions.
8% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 24
1% more funds holding
Funds holding: 164 → 165 (+1)
0.77% less ownership
Funds ownership: 99.5% → 98.73% (-0.77%)
24% less call options, than puts
Call options by funds: $2.67M | Put options by funds: $3.51M
30% less capital invested
Capital invested by funds: $895M → $625M (-$270M)
30% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 66
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$10.8M |
| 2 |
ACM
Addison Clark Management
Stamford,
Connecticut
|
+$8.78M |
| 3 |
SV
Starboard Value
New York
|
+$7.33M |
| 4 |
MFM
MHR Fund Management
New York
|
+$7.19M |
| 5 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
+$4.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$18.9M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$7.69M |
| 3 |
WC
Walthausen & Co
Malta,
New York
|
-$7.13M |
| 4 |
BCM
Becker Capital Management
Portland,
Oregon
|
-$3.8M |
| 5 |
CCM
Corsair Capital Management
New York
|
-$3.6M |
TWI Hedge Fund Activity: Q3 2014 in Review
165 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Titan International (TWI) for Q3 2014, worth a combined $625M — down 30% from $895M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new TWI positions and 24 closed out — a net gain of 2 holders — while 46 added to existing stakes and 66 trimmed.
The largest buyer was First Pacific Advisors, adding an estimated $10.8M. The largest seller was Opus Capital Group, cutting an estimated $18.9M.
- 165 institutional investors held Titan International (TWI) as of Q3 2014, up from 164 in Q2 2014.
- Funds reported $625M of Titan International stock for Q3 2014, down 30% quarter-over-quarter.
- 26 funds opened new Titan International positions in Q3 2014 and 24 closed out, a net change of +2 holders.
- The largest Titan International buyer in Q3 2014 was First Pacific Advisors, an estimated $10.8M added.
- The largest Titan International seller in Q3 2014 was Opus Capital Group, an estimated $18.9M sold.
Based on aggregated 13F filings for Q3 2014.