Textron
427 hedge funds and large institutions have $10.9B invested in Textron in 2016 Q4 according to their latest regulatory filings, with 88 funds opening new positions, 122 increasing their positions, 142 reducing their positions, and 40 closing their positions.
120% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 40
27% more capital invested
Capital invested by funds: $8.52B → $10.9B (+$2.34B)
10% more funds holding
Funds holding: 387 → 427 (+40)
1.04% more ownership
Funds ownership: 81.74% → 82.78% (+1%)
6% less call options, than puts
Call options by funds: $48.8M | Put options by funds: $51.8M
14% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 142
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$94.4M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$70.9M |
| 3 |
Millennium Management
New York
|
+$54.1M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$44.6M |
| 5 |
State Street
Boston,
Massachusetts
|
+$41.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$105M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$101M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$54.3M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$48.6M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$36.7M |
TXT Hedge Fund Activity: Q4 2016 in Review
427 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Textron (TXT) for Q4 2016, worth a combined $10.9B — up 27% from $8.52B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new TXT positions and 40 closed out — a net gain of 48 holders — while 122 added to existing stakes and 142 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $94.4M. The largest seller was BlackRock Advisors, cutting an estimated $105M.
- 427 institutional investors held Textron (TXT) as of Q4 2016, up from 387 in Q3 2016.
- Funds reported $10.9B of Textron stock for Q4 2016, up 27% quarter-over-quarter.
- 88 funds opened new Textron positions in Q4 2016 and 40 closed out, a net change of +48 holders.
- The largest Textron buyer in Q4 2016 was Victory Capital Management, an estimated $94.4M added.
- The largest Textron seller in Q4 2016 was BlackRock Advisors, an estimated $105M sold.
Based on aggregated 13F filings for Q4 2016.