RE:RE:RE:RE:RE:RE:laughableNot good when you see large institutional positions being reduced or liquidated. But in the current O&G market, funds need to rebalance their risk structure. Not good but not the end of the world either. Artemis adding a few million shares is somewhat reassuring. For reference see below table of IAE institutional shareholders with buy's and sell's during Q4 2015. More selling than buying, no big surprise there. Likely even more selling in Q1 2016. Happening to most O&G stocks worldwide, not just IAE!
IAE Fund Owners Style | | | | | |
Style | # of Funds | Shares | Buy | Sell | Net % Chg |
Large Value | 4 | 14,450,571 | -- | 359,777 | -- |
Large Blend | 30 | 23,520,825 | 189,495 | 507,536 | -1.33 |
Large Growth | 3 | 281,700 | -- | 18,559 | -- |
Mid Value | 12 | 11,078,180 | 334,000 | 3,019,863 | -19.51 |
Mid Blend | 8 | 10,482,248 | 579,100 | 466,077 | 1.09 |
Mid Growth | 5 | 18,058,996 | 7,031 | 300,000 | -1.6 |
Small Value | -- | -- | -- | -- | -- |
Small Blend | 3 | 171,417 | -- | 205,963 | -- |
Small Growth | 12 | 23,575,890 | -- | 253,218 | -- |
Total | 77 | 101,619,827 | 1,109,626 | 5,130,993 | -3.81 |
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Data displayed as of 31/12/2015 versus previous quarter | | |