WPP
157 hedge funds and large institutions have $873M invested in WPP in 2014 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 69 increasing their positions, 37 reducing their positions, and 14 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 37
50% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 14
6% more capital invested
Capital invested by funds: $823M → $873M (+$49.3M)
4% more funds holding
Funds holding: 151 → 157 (+6)
2% more call options, than puts
Call options by funds: $1.34M | Put options by funds: $1.31M
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$92.9M |
| 2 |
CI
Cambiar Investors
Denver,
Colorado
|
+$10.4M |
| 3 |
AG
Aperio Group
Sausalito,
California
|
+$9.18M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$7.42M |
| 5 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$6.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRSOTSOK
Teachers Retirement System of the State of Kentucky
Frankfort,
Kentucky
|
-$4.29M |
| 2 |
TAM
Todd Asset Management
Louisville,
Kentucky
|
-$4.26M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$4.21M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$3.84M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.67M |
WPP Hedge Fund Activity: Q1 2014 in Review
157 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in WPP (WPP) for Q1 2014, worth a combined $873M — up 6% from $823M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new WPP positions and 14 closed out — a net gain of 7 holders — while 69 added to existing stakes and 37 trimmed.
The largest buyer was Suntrust Banks, adding an estimated $92.9M. The largest seller was Teachers Retirement System of the State of Kentucky, cutting an estimated $4.29M.
- 157 institutional investors held WPP (WPP) as of Q1 2014, up from 151 in Q4 2013.
- Funds reported $873M of WPP stock for Q1 2014, up 6% quarter-over-quarter.
- 21 funds opened new WPP positions in Q1 2014 and 14 closed out, a net change of +7 holders.
- The largest WPP buyer in Q1 2014 was Suntrust Banks, an estimated $92.9M added.
- The largest WPP seller in Q1 2014 was Teachers Retirement System of the State of Kentucky, an estimated $4.29M sold.
Based on aggregated 13F filings for Q1 2014.