Wipro
117 hedge funds and large institutions have $568M invested in Wipro in 2014 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 35 increasing their positions, 40 reducing their positions, and 13 closing their positions.
69% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 13
60% more call options, than puts
Call options by funds: $190K | Put options by funds: $119K
8% more funds holding
Funds holding: 108 → 117 (+9)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.16% less ownership
Funds ownership: 11.49% → 10.34% (-1.2%)
13% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 40
20% less capital invested
Capital invested by funds: $708M → $568M (-$140M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$9.06M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$8.3M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$6.6M |
| 4 |
RG
Renaissance Group
Covington,
Kentucky
|
+$6.07M |
| 5 |
NG
NatWest Group
Edinburgh, Scotland,
United Kingdom
|
+$5.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$26.4M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$22.5M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$21.4M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$9.61M |
| 5 |
Barclays
London,
United Kingdom
|
-$9.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
126
Covington Capital Management
Los Angeles,
California
| – | -$233K | -92,704 | Closed |
|
|
WC
127
Wexford Capital
West Palm Beach,
Florida
| – | -$158K | -62,923 | Closed |
|
128
Parallax Volatility Advisers
San Francisco,
California
| – | -$39K | -15,403 | Closed |
|
|
RFA
129
Reilly Financial Advisors
La Mesa,
California
| – | -$28K | -11,307 | Closed |
|
|
S
130
SignatureFD
Atlanta,
Georgia
| – | -$1K | -384 | Closed |
|
WIT Hedge Fund Activity: Q2 2014 in Review
117 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Wipro (WIT) for Q2 2014, worth a combined $568M — down 20% from $708M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new WIT positions and 13 closed out — a net gain of 9 holders — while 35 added to existing stakes and 40 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $9.06M. The largest seller was Acadian Asset Management, cutting an estimated $26.4M.
- 117 institutional investors held Wipro (WIT) as of Q2 2014, up from 108 in Q1 2014.
- Funds reported $568M of Wipro stock for Q2 2014, down 20% quarter-over-quarter.
- 22 funds opened new Wipro positions in Q2 2014 and 13 closed out, a net change of +9 holders.
- The largest Wipro buyer in Q2 2014 was AQR Capital Management, an estimated $9.06M added.
- The largest Wipro seller in Q2 2014 was Acadian Asset Management, an estimated $26.4M sold.
Based on aggregated 13F filings for Q2 2014.