Textron
423 hedge funds and large institutions have $10.5B invested in Textron in 2017 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 135 increasing their positions, 144 reducing their positions, and 49 closing their positions.
8% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 49
0.86% less ownership
Funds ownership: 82.78% → 81.92% (-0.86%)
1% less funds holding
Funds holding: 427 → 423 (-4)
3% less capital invested
Capital invested by funds: $10.9B → $10.5B (-$333M)
6% less repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 144
13% less call options, than puts
Call options by funds: $45.7M | Put options by funds: $52.8M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$805M |
| 2 |
TPCM
Tide Point Capital Management
Old Greenwich,
Connecticut
|
+$39.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$39.2M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$37M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$35.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$167M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$86.7M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$49.9M |
| 4 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$42.4M |
| 5 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$38M |
TXT Hedge Fund Activity: Q1 2017 in Review
423 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Textron (TXT) for Q1 2017, worth a combined $10.5B — down 3.1% from $10.9B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new TXT positions and 49 closed out — a net gain of 4 holders — while 135 added to existing stakes and 144 trimmed.
The largest buyer was BlackRock, adding an estimated $805M. The largest seller was Boston Partners, cutting an estimated $167M.
- 423 institutional investors held Textron (TXT) as of Q1 2017, down from 427 in Q4 2016.
- Funds reported $10.5B of Textron stock for Q1 2017, down 3.1% quarter-over-quarter.
- 53 funds opened new Textron positions in Q1 2017 and 49 closed out, a net change of +4 holders.
- The largest Textron buyer in Q1 2017 was BlackRock, an estimated $805M added.
- The largest Textron seller in Q1 2017 was Boston Partners, an estimated $167M sold.
Based on aggregated 13F filings for Q1 2017.