BlackBerry
215 hedge funds and large institutions have $2.61B invested in BlackBerry in 2016 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 51 increasing their positions, 79 reducing their positions, and 24 closing their positions.
33% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 24
26% more capital invested
Capital invested by funds: $2.07B → $2.61B (+$532M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
17% more call options, than puts
Call options by funds: $96.6M | Put options by funds: $82.4M
3% more funds holding
Funds holding: 209 → 215 (+6)
35% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$108M |
| 2 |
O
OppenheimerFunds
New York
|
+$30M |
| 3 |
Renaissance Technologies
New York
|
+$21.2M |
| 4 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$14.5M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$42.8M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
-$16.9M |
| 3 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$12.9M |
| 4 |
Primecap Management
Pasadena,
California
|
-$10.2M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$5.54M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AW
226
ACG Wealth
Atlanta,
Georgia
| – | -$72K | -10,717 | Closed |
|
|
AIG
227
American International Group
New York
| – | -$35.5K | -5,296 | Closed |
|
|
SSB
228
Sandy Spring Bank
Olney,
Maryland
| – | -$10K | -1,500 | Closed |
|
229
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -454 | Closed |
|
|
CCA
230
Checchi Capital Advisers
Beverly Hills,
California
| – | -$3K | -423 | Closed |
|
|
AIM
231
Arcadia Investment Management
Kalamazoo,
Michigan
| – | -$1K | -200 | Closed |
|
|
BCMIO
232
Beacon Capital Management Inc (Ohio)
Dayton,
Ohio
| – | -$1K | -100 | Closed |
|
233
BlackRock
New York
| – | -$751 | -100 | -78% |
|
|
PMFA
234
Plante Moran Financial Advisors
Southfield,
Michigan
| – | +$45 | +6 | New |
|
BB Hedge Fund Activity: Q3 2016 in Review
215 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in BlackBerry (BB) for Q3 2016, worth a combined $2.61B — up 26% from $2.07B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new BB positions and 24 closed out — a net gain of 8 holders — while 51 added to existing stakes and 79 trimmed.
The largest buyer was Iridian Asset Management, opening a new position worth an estimated $108M. The largest seller was Fidelity Investments, cutting an estimated $42.8M.
- 215 institutional investors held BlackBerry (BB) as of Q3 2016, up from 209 in Q2 2016.
- Funds reported $2.61B of BlackBerry stock for Q3 2016, up 26% quarter-over-quarter.
- 32 funds opened new BlackBerry positions in Q3 2016 and 24 closed out, a net change of +8 holders.
- The largest BlackBerry buyer in Q3 2016 was Iridian Asset Management, an estimated $108M added.
- The largest BlackBerry seller in Q3 2016 was Fidelity Investments, an estimated $42.8M sold.
Based on aggregated 13F filings for Q3 2016.