Willis Towers Watson
235 hedge funds and large institutions have $7.07B invested in Willis Towers Watson in 2014 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 88 increasing their positions, 87 reducing their positions, and 27 closing their positions.
497% more call options, than puts
Call options by funds: $7.54M | Put options by funds: $1.26M
1% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 87
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
3% less capital invested
Capital invested by funds: $7.29B → $7.07B (-$221M)
3% less funds holding
Funds holding: 242 → 235 (-7)
22% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$114M |
| 2 |
CCM
Cantillon Capital Management
New York
|
+$71.6M |
| 3 |
Bank of New York Mellon
New York
|
+$70.2M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$56.8M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$46.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$357M |
| 2 |
CA
Cortland Advisers
Wilmington,
Delaware
|
-$39.8M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$36.1M |
| 4 |
O
OppenheimerFunds
New York
|
-$31.6M |
| 5 |
RIM
RS Investment Management
San Francisco,
California
|
-$29.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IIM
251
Ivory Investment Management
New York
| – | -$1.12M | -9,578 | Closed |
|
|
NCCM
252
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$852K | -7,286 | Closed |
|
|
MIM
253
Martin Investment Management
Palm Beach Gardens,
Florida
| – | -$583K | -4,991 | Closed |
|
|
WIL
254
Winifred I. Li
| – | -$462K | -3,945 | Closed |
|
|
BF
255
BOK Financial
Tulsa,
Oklahoma
| – | -$446K | -3,816 | Closed |
|
|
CBU
256
CIBC Bank USA
Chicago,
Illinois
| – | -$440K | -3,771 | Closed |
|
257
Neuberger Berman Group
New York
| – | -$395K | -3,379 | Closed |
|
|
FMW
258
Farr Miller & Washington
Washington,
District of Columbia
| – | -$229K | -1,961 | Closed |
|
|
MCM
259
MAI Capital Management
Independence,
Ohio
| – | -$223K | -1,906 | Closed |
|
260
RhumbLine Advisers
Boston,
Massachusetts
| – | -$207K | -1,774 | Closed |
|
|
JFGIW
261
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | -$54K | -462 | Closed |
|
|
ECM
262
ETrade Capital Management
Arlington,
Virginia
| – | -$3K | -22 | Closed |
|
WTW Hedge Fund Activity: Q2 2014 in Review
235 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Willis Towers Watson (WTW) for Q2 2014, worth a combined $7.07B — down 3% from $7.29B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of WTW and 21 opened new positions — a net loss of 6 holders — while 87 trimmed existing stakes and 88 added.
The largest buyer was Harris Associates, adding an estimated $114M. The largest seller was Fiduciary Management Inc, exiting entirely with an estimated $357M sold.
- 235 institutional investors held Willis Towers Watson (WTW) as of Q2 2014, down from 242 in Q1 2014.
- Funds reported $7.07B of Willis Towers Watson stock for Q2 2014, down 3% quarter-over-quarter.
- 21 funds opened new Willis Towers Watson positions in Q2 2014 and 27 closed out, a net change of -6 holders.
- The largest Willis Towers Watson buyer in Q2 2014 was Harris Associates, an estimated $114M added.
- The largest Willis Towers Watson seller in Q2 2014 was Fiduciary Management Inc, an estimated $357M sold.
Based on aggregated 13F filings for Q2 2014.