Xerox
XRX
532 hedge funds and large institutions have $11.9B invested in Xerox in 2013 Q4 according to their latest regulatory filings, with 70 funds opening new positions, 164 increasing their positions, 231 reducing their positions, and 52 closing their positions.
35% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 52
15% more capital invested
Capital invested by funds: $10.4B → $11.9B (+$1.53B)
6% more funds holding in top 10
Funds holding in top 10: 17 → 18 (+1)
3% more funds holding
Funds holding: 519 → 532 (+13)
0.89% less ownership
Funds ownership: 31.05% → 30.16% (-0.89%)
26% less call options, than puts
Call options by funds: $43.2M | Put options by funds: $58.1M
29% less repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 231
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$91.9M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$87.3M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$67.2M |
| 4 |
Goldman Sachs
New York
|
+$49M |
| 5 |
AI
Axiom Investors
Greenwich,
Connecticut
|
+$42.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
-$173M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$149M |
| 3 |
Dodge & Cox
San Francisco,
California
|
-$70.3M |
| 4 |
Bank of New York Mellon
New York
|
-$54M |
| 5 |
Neuberger Berman Group
New York
|
-$42.7M |
XRX Hedge Fund Activity: Q4 2013 in Review
532 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Xerox (XRX) for Q4 2013, worth a combined $11.9B — up 15% from $10.4B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new XRX positions and 52 closed out — a net gain of 18 holders — while 164 added to existing stakes and 231 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $91.9M. The largest seller was Glenview Capital Management, cutting an estimated $173M.
- 532 institutional investors held Xerox (XRX) as of Q4 2013, up from 519 in Q3 2013.
- Funds reported $11.9B of Xerox stock for Q4 2013, up 15% quarter-over-quarter.
- 70 funds opened new Xerox positions in Q4 2013 and 52 closed out, a net change of +18 holders.
- The largest Xerox buyer in Q4 2013 was T. Rowe Price Associates, an estimated $91.9M added.
- The largest Xerox seller in Q4 2013 was Glenview Capital Management, an estimated $173M sold.
Based on aggregated 13F filings for Q4 2013.