BlackBerry
211 hedge funds and large institutions have $844M invested in BlackBerry in 2024 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 55 increasing their positions, 67 reducing their positions, and 27 closing their positions.
38% more call options, than puts
Call options by funds: $8.98M | Put options by funds: $6.5M
33% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 27
4% more funds holding
Funds holding: 202 → 211 (+9)
2.38% more ownership
Funds ownership: 49.32% → 51.7% (+2.4%)
18% less capital invested
Capital invested by funds: $1.02B → $844M (-$179M)
18% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 67
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$54.7M |
| 2 |
Legal & General Group
London,
United Kingdom
|
+$17.2M |
| 3 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$10.1M |
| 4 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$7.41M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$3.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$39.4M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$22.4M |
| 3 |
CC
Covalis Capital
London,
United Kingdom
|
-$11.1M |
| 4 |
KBG
Kahn Brothers Group
New York
|
-$4.45M |
| 5 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
-$3.54M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSG
226
Summit Securities Group
New York
| – | -$18K | -5,000 | Closed |
|
|
PVH
227
Psagot Value Holdings
Tel Aviv,
Israel
| – | -$8K | -2,148 | Closed |
|
|
FWM
228
Focused Wealth Management
Newburgh,
New York
| – | -$1.24K | -350 | Closed |
|
|
BFPW
229
BOK Financial Private Wealth
Denver,
Colorado
| – | -$708 | -200 | Closed |
|
230
Fidelity Investments
Boston,
Massachusetts
| – | -$521 | -147 | Closed |
|
|
CI
231
Cordant Inc
Portland,
Oregon
| – | -$354 | -100 | Closed |
|
|
FP
232
Financial Perspectives
Minneapolis,
Minnesota
| – | -$18 | -5 | Closed |
|
|
MSWM
233
McGlone Suttner Wealth Management
Appleton,
Wisconsin
| – | -$7 | -2 | Closed |
|
BB Hedge Fund Activity: Q1 2024 in Review
211 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in BlackBerry (BB) for Q1 2024, worth a combined $844M — down 18% from $1.02B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new BB positions and 27 closed out — a net gain of 9 holders — while 55 added to existing stakes and 67 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $54.7M. The largest seller was Norges Bank, cutting an estimated $39.4M.
- 211 institutional investors held BlackBerry (BB) as of Q1 2024, up from 202 in Q4 2023.
- Funds reported $844M of BlackBerry stock for Q1 2024, down 18% quarter-over-quarter.
- 36 funds opened new BlackBerry positions in Q1 2024 and 27 closed out, a net change of +9 holders.
- The largest BlackBerry buyer in Q1 2024 was First Trust Advisors, an estimated $54.7M added.
- The largest BlackBerry seller in Q1 2024 was Norges Bank, an estimated $39.4M sold.
Based on aggregated 13F filings for Q1 2024.