Textron
515 hedge funds and large institutions have $14.5B invested in Textron in 2018 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 156 increasing their positions, 189 reducing their positions, and 38 closing their positions.
84% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 38
7% more capital invested
Capital invested by funds: $13.6B → $14.5B (+$979M)
5% more funds holding
Funds holding: 490 → 515 (+25)
1.64% more ownership
Funds ownership: 80.32% → 81.95% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
17% less repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 189
48% less call options, than puts
Call options by funds: $36.9M | Put options by funds: $71.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$95.2M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$75.6M |
| 3 |
Janus Henderson Group
London,
|
+$30.9M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$24.8M |
| 5 |
Primecap Management
Pasadena,
California
|
+$24.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$83.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$68.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$46.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$40.7M |
| 5 |
Millennium Management
New York
|
-$35M |
TXT Hedge Fund Activity: Q3 2018 in Review
515 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Textron (TXT) for Q3 2018, worth a combined $14.5B — up 7.2% from $13.6B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new TXT positions and 38 closed out — a net gain of 32 holders — while 156 added to existing stakes and 189 trimmed.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $95.2M. The largest seller was T. Rowe Price Associates, cutting an estimated $83.5M.
- 515 institutional investors held Textron (TXT) as of Q3 2018, up from 490 in Q2 2018.
- Funds reported $14.5B of Textron stock for Q3 2018, up 7.2% quarter-over-quarter.
- 70 funds opened new Textron positions in Q3 2018 and 38 closed out, a net change of +32 holders.
- The largest Textron buyer in Q3 2018 was Adage Capital Partners, an estimated $95.2M added.
- The largest Textron seller in Q3 2018 was T. Rowe Price Associates, an estimated $83.5M sold.
Based on aggregated 13F filings for Q3 2018.