BlackBerry
216 hedge funds and large institutions have $2.59B invested in BlackBerry in 2017 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 70 increasing their positions, 68 reducing their positions, and 29 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
18% more capital invested
Capital invested by funds: $2.19B → $2.59B (+$399M)
10% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 29
3.23% more ownership
Funds ownership: 59.81% → 63.04% (+3.2%)
3% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 68
1% more call options, than puts
Call options by funds: $58.1M | Put options by funds: $57.5M
0% more funds holding
Funds holding: 215 → 216 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$38.5M |
| 2 |
NM
Nokota Management
New York
|
+$33.9M |
| 3 |
O
OppenheimerFunds
New York
|
+$23.9M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$22.5M |
| 5 |
First Eagle Investment Management
New York
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$12.7M |
| 2 |
Renaissance Technologies
New York
|
-$8.56M |
| 3 |
D.E. Shaw & Co
New York
|
-$5.36M |
| 4 |
Swiss National Bank
Zurich,
Switzerland
|
-$5.3M |
| 5 |
Primecap Management
Pasadena,
California
|
-$5.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WIC
226
Water Island Capital
New York
| – | -$103K | -15,000 | Closed |
|
|
GCC
227
Guardian Capital (Canada)
Toronto,
Ontario, Canada
| – | -$100K | -14,600 | Closed |
|
|
BRWA
228
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$85K | -12,211 | Closed |
|
|
JG
229
Jefferies Group
New York
| – | -$77K | -11,183 | Closed |
|
|
WAM
230
Wolverine Asset Management
Chicago,
Illinois
| – | -$65K | -9,136 | Closed |
|
231
Nomura Asset Management
Tokyo,
Japan
| – | -$46K | -6,600 | Closed |
|
|
GWM
232
Geneos Wealth Management
Englewood,
Colorado
| – | -$32K | -4,704 | Closed |
|
|
AA
233
Ancora Advisors
Cleveland,
Ohio
| – | -$13K | -1,800 | Closed |
|
|
PWM
234
Perigon Wealth Management
San Francisco,
California
| – | -$10K | -1,401 | Closed |
|
|
SFS
235
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$7K | -1,000 | Closed |
|
|
NFG
236
Next Financial Group
Houston,
Texas
| – | -$1K | -135 | Closed |
|
|
WA
237
WFG Advisors
Dallas,
Texas
| – | -$149 | -21 | -34% |
|
|
AF
238
Allworth Financial
Folsom,
California
| – | +$71 | +10 | New |
|
BB Hedge Fund Activity: Q1 2017 in Review
216 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in BlackBerry (BB) for Q1 2017, worth a combined $2.59B — up 18% from $2.19B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new BB positions and 29 closed out — a net gain of 3 holders — while 70 added to existing stakes and 68 trimmed.
The largest buyer was Iridian Asset Management, adding an estimated $38.5M. The largest seller was Royal Bank of Canada, cutting an estimated $12.7M.
- 216 institutional investors held BlackBerry (BB) as of Q1 2017, up from 215 in Q4 2016.
- Funds reported $2.59B of BlackBerry stock for Q1 2017, up 18% quarter-over-quarter.
- 32 funds opened new BlackBerry positions in Q1 2017 and 29 closed out, a net change of +3 holders.
- The largest BlackBerry buyer in Q1 2017 was Iridian Asset Management, an estimated $38.5M added.
- The largest BlackBerry seller in Q1 2017 was Royal Bank of Canada, an estimated $12.7M sold.
Based on aggregated 13F filings for Q1 2017.