Xerox
XRX
519 hedge funds and large institutions have $10.4B invested in Xerox in 2013 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 191 increasing their positions, 193 reducing their positions, and 29 closing their positions.
131% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 29
89% more funds holding in top 10
Funds holding in top 10: 9 → 17 (+8)
14% more capital invested
Capital invested by funds: $9.16B → $10.4B (+$1.24B)
7% more funds holding
Funds holding: 484 → 519 (+35)
0.09% less ownership
Funds ownership: 31.22% → 31.13% (-0.09%)
1% less repeat investments, than reductions
Existing positions increased: 191 | Existing positions reduced: 193
45% less call options, than puts
Call options by funds: $30.9M | Put options by funds: $56.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$132M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$74.1M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$63.6M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$47.5M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$40.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
-$625M |
| 2 |
GCM
Glenview Capital Management
New York
|
-$74.6M |
| 3 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$65.8M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$54.9M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$23.3M |
XRX Hedge Fund Activity: Q3 2013 in Review
519 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Xerox (XRX) for Q3 2013, worth a combined $10.4B — up 14% from $9.16B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new XRX positions and 29 closed out — a net gain of 38 holders — while 191 added to existing stakes and 193 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $132M. The largest seller was Dodge & Cox, cutting an estimated $625M.
- 519 institutional investors held Xerox (XRX) as of Q3 2013, up from 484 in Q2 2013.
- Funds reported $10.4B of Xerox stock for Q3 2013, up 14% quarter-over-quarter.
- 67 funds opened new Xerox positions in Q3 2013 and 29 closed out, a net change of +38 holders.
- The largest Xerox buyer in Q3 2013 was Wellington Management Group, an estimated $132M added.
- The largest Xerox seller in Q3 2013 was Dodge & Cox, an estimated $625M sold.
Based on aggregated 13F filings for Q3 2013.