Textron
405 hedge funds and large institutions have $7.05B invested in Textron in 2020 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 116 increasing their positions, 142 reducing their positions, and 53 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
11% more capital invested
Capital invested by funds: $6.38B → $7.05B (+$679M)
6% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 53
0.65% more ownership
Funds ownership: 85.17% → 85.82% (+0.65%)
0% more funds holding
Funds holding: 404 → 405 (+1)
18% less repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 142
26% less call options, than puts
Call options by funds: $13.1M | Put options by funds: $17.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$245M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$34.3M |
| 3 |
EIP
Easterly Investment Partners
Beverly,
Massachusetts
|
+$20.8M |
| 4 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$15.6M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$35.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$28.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$27.3M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$25M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$24.8M |
TXT Hedge Fund Activity: Q3 2020 in Review
405 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Textron (TXT) for Q3 2020, worth a combined $7.05B — up 11% from $6.38B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new TXT positions and 53 closed out — a net gain of 3 holders — while 116 added to existing stakes and 142 trimmed.
The largest buyer was Pzena Investment Management, opening a new position worth an estimated $245M. The largest seller was Ceredex Value Advisors, exiting entirely with an estimated $35.7M sold.
- 405 institutional investors held Textron (TXT) as of Q3 2020, up from 404 in Q2 2020.
- Funds reported $7.05B of Textron stock for Q3 2020, up 11% quarter-over-quarter.
- 56 funds opened new Textron positions in Q3 2020 and 53 closed out, a net change of +3 holders.
- The largest Textron buyer in Q3 2020 was Pzena Investment Management, an estimated $245M added.
- The largest Textron seller in Q3 2020 was Ceredex Value Advisors, an estimated $35.7M sold.
Based on aggregated 13F filings for Q3 2020.