S&P Capital IQ Reveals Hedge Fund Sectors' Largest Buys and Sells in Latest
Telcoms and Healthcare Trump Competitors / Infotec Sells Off
NEW YORK, March 24, 2014
NEW YORK, March 24, 2014 /PRNewswire/ --S&P Capital IQ, a leading provider of
multi-asset class research data and analytics, today released a study of 4th
quarter 2013 13F filings by pure play hedge funds in the U.S. which indicates
that Telecoms and Healthcare were the sectors' major buys. In fact, Telecoms
saw $2.9 billion worth of buys and Healthcare $2.8 billion.
S&P Capital IQ performs its hedge fund analysis quarterly in order to help
investors understand what the most prominent U.S.-based hedge funds are
buying, holding and selling. "Our firm develops its analysis through an
examination of SEC filings accessed via proprietary Excel based models. In
turn, clients can use these models to better spot global trends in various
asset categories and see what some of the largest investors are targeting,"
said Tony Elyahou, Senior Director, S&P Capital IQ.
"Looking at recent filings as well as S&P Capital IQ's Holding Aggregator and
Investor Profile Reports, available on the S&P Capital IQ platform, aggregate
holdings of the ten top 10 pure play hedge funds - as determined by their
total equity assets from 13F filings - shows Telecoms and Healthcare as the
major buys," said Pavle Sabic, Credit Market Development, S&P Capital IQ.
"It's interesting to note that Healthcare, the top sell sector last quarter,
is now the second top buy."
Other findings in S&P Capital IQ's study include:
oExtended Stay America Inc. saw 6 hedge funds buy-into this IPO, making it
the largest overall new position (in terms of number of hedge fund buys
and dollars invested) with over $1.47 billion invested.
oVodafone, Apple and Facebook have the top 3 spots in the Top 10 Increases
in Existing Position, with $1.1, $1.1 and $1 billion respectively.
oNetflix, Comcast and eBay were the top 3 overall sells among these hedge
funds, with over $2.6 billion sold off in total.
oSearch engine companies Yahoo! and Google also saw sell offs of $627
million and $579 million respectively. Another notable internet company,
Twitter, still hasn't made the Top 100 positions for the top 10 hedge
funds since its IPO last November.
S&P Capital IQ is an industry leader in collecting and standardizing global
financial statement filings. Investment filings such as 13Fs provide crucial
information about where institutional money has been moving. In addition to
collecting this public information and data, S&P Capital IQ creates unique and
proprietary templates and workflow solutions to help users make more informed
To obtain a copy of S&P Capital IQ's hedge fund study or to learn more about
the S&P Capital IQ platform, email firstname.lastname@example.org. A video of Pavle Sabic
discussing the report is available at: http://youtu.be/LodqeqDoZ-4.
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