Verizon
1,545 hedge funds and large institutions have $82B invested in Verizon in 2013 Q4 according to their latest regulatory filings, with 190 funds opening new positions, 618 increasing their positions, 580 reducing their positions, and 60 closing their positions.
217% more first-time investments, than exits
New positions opened: 190 | Existing positions closed: 60
8% more funds holding
Funds holding: 1,436 → 1,545 (+109)
7% more capital invested
Capital invested by funds: $76.6B → $82B (+$5.43B)
7% more funds holding in top 10
Funds holding in top 10: 92 → 98 (+6)
7% more repeat investments, than reductions
Existing positions increased: 618 | Existing positions reduced: 580
0.88% more ownership
Funds ownership: 57.26% → 58.14% (+0.88%)
10% less call options, than puts
Call options by funds: $1.08B | Put options by funds: $1.2B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$433M |
| 2 |
JP Morgan Chase
New York
|
+$275M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$230M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$221M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$186M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$285M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$169M |
| 3 |
LCG
Luxor Capital Group
New York
|
-$150M |
| 4 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$128M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$119M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1601
Victory Capital Management
San Antonio,
Texas
| – | -$57K | -1,236 | Closed |
|
|
MS
1602
Madison Scottsdale
Scottsdale,
Arizona
| – | -$46K | -976 | Closed |
|
|
AA
1603
Alta Advisers
London,
United Kingdom
| – | -$25K | -540 | Closed |
|
|
BCAM
1604
Boston Common Asset Management
Boston,
Massachusetts
| – | -$18K | -376 | Closed |
|
|
MMH
1605
Menora Mivtachim Holdings
Ramat Gan,
Israel
| – | -$15K | -316 | Closed |
|
|
TCCM
1606
Timber Creek Capital Management
Boston,
Massachusetts
| – | -$14K | -300 | Closed |
|
|
NIM
1607
NuWave Investment Management
Parsippany,
New Jersey
| – | -$4K | -86 | Closed |
|
VZ Hedge Fund Activity: Q4 2013 in Review
1,545 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Verizon (VZ) for Q4 2013, worth a combined $82B — up 7.1% from $76.6B a quarter earlier.
Buyers outnumbered sellers: 190 funds opened new VZ positions and 60 closed out — a net gain of 130 holders — while 618 added to existing stakes and 580 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $433M. The largest seller was Capital Research Global Investors, cutting an estimated $285M.
- 1,545 institutional investors held Verizon (VZ) as of Q4 2013, up from 1,436 in Q3 2013.
- Funds reported $82B of Verizon stock for Q4 2013, up 7.1% quarter-over-quarter.
- 190 funds opened new Verizon positions in Q4 2013 and 60 closed out, a net change of +130 holders.
- The largest Verizon buyer in Q4 2013 was Massachusetts Financial Services, an estimated $433M added.
- The largest Verizon seller in Q4 2013 was Capital Research Global Investors, an estimated $285M sold.
Based on aggregated 13F filings for Q4 2013.