S&P Capital IQ Reveals Hedge Fund Sectors' Largest Buys and Sells in Latest 13F Filing

 S&P Capital IQ Reveals Hedge Fund Sectors' Largest Buys and Sells in Latest
                                  13F Filing

Telcoms and Healthcare Trump Competitors / Infotec Sells Off

PR Newswire

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
decisions.

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 info@capitaliq.com. A video of Pavle Sabic
discussing the report is available at: http://youtu.be/LodqeqDoZ-4.

ABOUT S&P CAPITAL IQ
S&P Capital IQ, a part of McGraw Hill Financial (NYSE:MHFI), is a leading
provider of multi-asset class and real time data, research and analytics to
institutional investors, investment and commercial banks, investment advisors
and wealth managers, corporations and universities around the world. S&P
Capital IQ provides a broad suite of capabilities designed to help track
performance, generate alpha, and identify new trading and investment ideas,
and perform risk analysis and mitigation strategies. Through leading desktop
solutions such as the S&P Capital IQ, Global Credit Portal and MarketScope
Advisor desktops; enterprise solutions such as S&P Capital IQ Valuations; and
research offerings, including Leveraged Commentary & Data, Global Markets
Intelligence, and company and funds research, S&P Capital IQ sharpens
financial intelligence into the wisdom today's investors need. For more
information, visit www.spcapitaliq.com.

S&P Capital IQ, as well as its affiliates, directors, officers shareholders,
employees or agents (S&P Capital IQ) are not responsible for any errors or
omissions (negligent or otherwise), regardless of the cause, for any results
obtained from the use of the Content described herein, or for the security or
maintenance of any data input by the user. The Content is provided on an "as
is" basis. S&P Capital IQ and its affiliates DISCLAIM ANY AND ALL EXPRESS OR
IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF
MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, FREEDOM FROM BUGS,
SOFTWARE ERRORS OR DEFECTS, THAT THE CONTENT'S FUNCTIONING WILL BE
UNINTERRUPTED OR THAT THE CONTENT WILL OPERATE WITH ANY SOFTWARE OR HARDWARE
CONFIGURATION. In no event shall S&P Parties be liable to any party for any
direct, indirect, incidental, exemplary, compensatory, punitive, special or
consequential damages, costs, expenses, legal fees, or losses (including,
without limitation, lost income or lost profits and opportunity costs or
losses caused by negligence) in connection with any use of the Content even if
advised of the possibility of such damages.

SOURCE S&P Capital IQ

Website: http://www.spcapitaliq.com
Contact: Michael Privitera, S&P Capital IQ Communications, 212-438-6679,
michael.privitera@spcapitaliq.com
 
Press spacebar to pause and continue. Press esc to stop.