Textron
350 hedge funds and large institutions have $8.3B invested in Textron in 2013 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 108 increasing their positions, 131 reducing their positions, and 37 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
60% more call options, than puts
Call options by funds: $98.7M | Put options by funds: $61.6M
43% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 37
35% more capital invested
Capital invested by funds: $6.14B → $8.3B (+$2.16B)
4% more funds holding
Funds holding: 337 → 350 (+13)
0.96% more ownership
Funds ownership: 79.47% → 80.42% (+0.96%)
18% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 131
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$116M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$101M |
| 3 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$48.7M |
| 4 |
Goldman Sachs
New York
|
+$36.9M |
| 5 |
JP Morgan Chase
New York
|
+$30.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$144M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$81M |
| 3 |
Charles Schwab
San Francisco,
California
|
-$21.9M |
| 4 |
D.E. Shaw & Co
New York
|
-$21.5M |
| 5 |
BG
BlackRock Group
London,
United Kingdom
|
-$15.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DCM
376
Dynamic Capital Management
St. Helier,
Jersey
| – | -$314K | -11,381 | Closed |
|
377
Tudor Investment Corp
Stamford,
Connecticut
| – | -$304K | -11,000 | Closed |
|
|
CA
378
Cetera Advisors
Denver,
Colorado
| – | -$239K | -8,688 | Closed |
|
|
CWP
379
Capital Wealth Planning
Naples,
Florida
| – | -$233K | -8,435 | Closed |
|
380
Two Sigma Advisers
New York
| – | -$207K | -7,493 | Closed |
|
|
BOTW
381
Bank of the West
Monterey Park,
California
| – | -$206K | -7,458 | Closed |
|
|
CCM
382
Cai Capital Management
New York
| – | -$202K | -7,310 | Closed |
|
383
Teacher Retirement System of Texas
Austin,
Texas
| – | -$125K | -4,538 | Closed |
|
|
TF
384
Trutina Financial
Bellevue,
Washington
| – | -$44K | -1,600 | Closed |
|
385
Jones Financial Companies
Des Peres,
Missouri
| – | -$22K | -804 | Closed |
|
386
Victory Capital Management
San Antonio,
Texas
| – | -$4K | -166 | Closed |
|
|
WA
387
WealthTrust-Arizona
Scottsdale,
Arizona
| – | -$3K | -105 | Closed |
|
388
Group One Trading
Chicago,
Illinois
| – | -$3K | -100 | Closed |
|
TXT Hedge Fund Activity: Q4 2013 in Review
350 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Textron (TXT) for Q4 2013, worth a combined $8.3B — up 35% from $6.14B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new TXT positions and 37 closed out — a net gain of 16 holders — while 108 added to existing stakes and 131 trimmed.
The largest buyer was Invesco, adding an estimated $116M. The largest seller was Fidelity Investments, cutting an estimated $144M.
- 350 institutional investors held Textron (TXT) as of Q4 2013, up from 337 in Q3 2013.
- Funds reported $8.3B of Textron stock for Q4 2013, up 35% quarter-over-quarter.
- 53 funds opened new Textron positions in Q4 2013 and 37 closed out, a net change of +16 holders.
- The largest Textron buyer in Q4 2013 was Invesco, an estimated $116M added.
- The largest Textron seller in Q4 2013 was Fidelity Investments, an estimated $144M sold.
Based on aggregated 13F filings for Q4 2013.