Textron
410 hedge funds and large institutions have $10.2B invested in Textron in 2017 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 131 increasing their positions, 154 reducing their positions, and 48 closing their positions.
106% more call options, than puts
Call options by funds: $63.4M | Put options by funds: $30.8M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
3% less capital invested
Capital invested by funds: $10.5B → $10.2B (-$366M)
1.32% less ownership
Funds ownership: 81.92% → 80.6% (-1.3%)
3% less funds holding
Funds holding: 423 → 410 (-13)
15% less repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 154
21% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
+$56.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$50.5M |
| 3 |
Neuberger Berman Group
New York
|
+$45M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$37.6M |
| 5 |
BlackRock
New York
|
+$30.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$193M |
| 2 |
Bank of New York Mellon
New York
|
-$87.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$60.9M |
| 4 |
Goldman Sachs
New York
|
-$50M |
| 5 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
-$37.8M |
TXT Hedge Fund Activity: Q2 2017 in Review
410 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Textron (TXT) for Q2 2017, worth a combined $10.2B — down 3.5% from $10.5B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of TXT and 38 opened new positions — a net loss of 10 holders — while 154 trimmed existing stakes and 131 added.
The largest buyer was Primecap Management, adding an estimated $56.5M. The largest seller was T. Rowe Price Associates, cutting an estimated $193M.
- 410 institutional investors held Textron (TXT) as of Q2 2017, down from 423 in Q1 2017.
- Funds reported $10.2B of Textron stock for Q2 2017, down 3.5% quarter-over-quarter.
- 38 funds opened new Textron positions in Q2 2017 and 48 closed out, a net change of -10 holders.
- The largest Textron buyer in Q2 2017 was Primecap Management, an estimated $56.5M added.
- The largest Textron seller in Q2 2017 was T. Rowe Price Associates, an estimated $193M sold.
Based on aggregated 13F filings for Q2 2017.