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TechnipFMC: Analyzing Recent Institutional Activity

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Top investors in FTI

First Eagle Investment Management, the Vanguard Group, and Bpifrance Participations S.A. are the top three investors in TechnipFMC (FTI). First Eagle Investment Management and the Vanguard Group bought 0.4 million and 0.3 million TechnipFMC shares, respectively, in the fourth quarter. Bpifrance Participations’ position hasn’t changed since May 2017. First Eagle Investment Management, the Vanguard Group, and Bpifrance Participations own 7.4%, 6.3%, and 5.7%, respectively, of TechnipFMC’s outstanding shares.

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The above table shows the top ten institutional investors in TechnipFMC. Together, the top ten investors own 42.3% of TechnipFMC’s outstanding shares—higher than 40.1% that the top ten investors owned at the end of the third quarter. Collectively, eight of the ten largest investors added 8.9 million TechnipFMC shares to their positions in the fourth quarter. Bpifrance Participations’ position has remained unchanged since May 2017. Norges Bank Investment Management’s position hasn’t changed since December 2017.

Largest transactions

Among the largest “buy” transactions, Amundi Asset Management bought 8.7 million TechnipFMC shares. Capital Research Global Investors bought 4.3 million, while Aviva Investors Global Services Limited bought 4.1 million TechnipFMC shares.

Recently, Boston Partners sold 3.2 million TechnipFMC shares. Nuveen sold 2.4 million shares, while State Street Global Advisors sold 2 million TechnipFMC shares.

Next, we’ll discuss the recent changes in institutional investors’ holdings in Helmerich & Payne (HP).

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