BAYER AG SPONS ADR
BAY
BAY was delisted on the 26th of September, 2007.
32 hedge funds and large institutions have $92.9M invested in BAYER AG SPONS ADR in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 15 reducing their positions, and 14 closing their positions.
22% less funds holding
Funds holding: 41 → 32 (-9)
40% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 15
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
87% less capital invested
Capital invested by funds: $734M → $92.9M (-$641M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
+$10.4M |
| 2 |
TWI
Thomas White International
Chicago,
Illinois
|
+$2M |
| 3 |
AF
Ally Financial
Detroit,
Michigan
|
+$1.44M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.06M |
| 5 |
NCMW
Northern Capital Management (Wisconsin)
Madison,
Wisconsin
|
+$477K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
-$441M |
| 2 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$22.7M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$19.5M |
| 4 |
BHC
Bowen Hanes & Co
Ponte Vedra Beach,
Florida
|
-$16.6M |
| 5 |
TAM
Tocqueville Asset Management
New York
|
-$9.45M |
BAY Hedge Fund Activity: Q3 2018 in Review
32 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in BAYER AG SPONS ADR (BAY) for Q3 2018, worth a combined $92.9M — down 87% from $734M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of BAY and 6 opened new positions — a net loss of 8 holders — while 15 trimmed existing stakes and 9 added.
The largest buyer was Kornitzer Capital Management, adding an estimated $10.4M. The largest seller was Fisher Asset Management, cutting an estimated $441M.
- 32 institutional investors held BAYER AG SPONS ADR (BAY) as of Q3 2018, down from 41 in Q2 2018.
- Funds reported $92.9M of BAYER AG SPONS ADR stock for Q3 2018, down 87% quarter-over-quarter.
- 6 funds opened new BAYER AG SPONS ADR positions in Q3 2018 and 14 closed out, a net change of -8 holders.
- The largest BAYER AG SPONS ADR buyer in Q3 2018 was Kornitzer Capital Management, an estimated $10.4M added.
- The largest BAYER AG SPONS ADR seller in Q3 2018 was Fisher Asset Management, an estimated $441M sold.
Based on aggregated 13F filings for Q3 2018.