BlackBerry
234 hedge funds and large institutions have $3.37B invested in BlackBerry in 2017 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 76 increasing their positions, 70 reducing their positions, and 34 closing their positions.
79% more call options, than puts
Call options by funds: $186M | Put options by funds: $104M
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
53% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 34
30% more capital invested
Capital invested by funds: $2.59B → $3.37B (+$779M)
8% more funds holding
Funds holding: 216 → 234 (+18)
9% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 70
0.45% more ownership
Funds ownership: 63.04% → 63.5% (+0.45%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Contour Asset Management
New York
|
+$33.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$31.9M |
| 3 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$29.8M |
| 4 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
+$18.5M |
| 5 |
BMO
Beck Mack & Oliver
New York
|
+$18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$64.2M |
| 2 |
Renaissance Technologies
New York
|
-$52.6M |
| 3 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$35.2M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$24.3M |
| 5 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$22.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
Ameriprise
Minneapolis,
Minnesota
| – | -$137K | -17,727 | Closed |
|
|
NCCM
252
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$137K | -17,700 | Closed |
|
|
CL
253
CSS LLC
Chicago,
Illinois
| – | -$167K | -17,000 | Closed |
|
|
BCM
254
Bayesian Capital Management
Brooklyn,
New York
| – | -$115K | -14,900 | Closed |
|
|
AII
255
AGF Investments Inc
Toronto,
Ontario, Canada
| – | -$99K | -12,826 | Closed |
|
|
HF
256
HRT Financial
New York
| – | -$86K | -11,098 | Closed |
|
257
LPL Financial
San Diego,
California
| – | -$82K | -10,510 | Closed |
|
|
AIM
258
Acrospire Investment Management
Chicago,
Illinois
| – | -$67K | -8,598 | Closed |
|
|
RFWA
259
RPg Family Wealth Advisory
Burlington,
Massachusetts
| – | -$15.5K | -2,000 | Closed |
|
|
SF
260
Synovus Financial
Columbus,
Georgia
| – | -$11K | -1,350 | Closed |
|
|
AA
261
Apriem Advisors
Irvine,
California
| – | -$4K | -500 | Closed |
|
|
HNB
262
Huntington National Bank
Columbus,
Ohio
| – | +$393 | +40 | New |
|
BB Hedge Fund Activity: Q2 2017 in Review
234 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in BlackBerry (BB) for Q2 2017, worth a combined $3.37B — up 30% from $2.59B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new BB positions and 34 closed out — a net gain of 18 holders — while 76 added to existing stakes and 70 trimmed.
The largest buyer was Contour Asset Management, opening a new position worth an estimated $33.7M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $64.2M.
- 234 institutional investors held BlackBerry (BB) as of Q2 2017, up from 216 in Q1 2017.
- Funds reported $3.37B of BlackBerry stock for Q2 2017, up 30% quarter-over-quarter.
- 52 funds opened new BlackBerry positions in Q2 2017 and 34 closed out, a net change of +18 holders.
- The largest BlackBerry buyer in Q2 2017 was Contour Asset Management, an estimated $33.7M added.
- The largest BlackBerry seller in Q2 2017 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $64.2M sold.
Based on aggregated 13F filings for Q2 2017.