BlackBerry
215 hedge funds and large institutions have $2.19B invested in BlackBerry in 2016 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 65 increasing their positions, 74 reducing their positions, and 26 closing their positions.
59.81% more ownership
Funds ownership: 0% → 59.81% (+60%)
25% more call options, than puts
Call options by funds: $88.1M | Put options by funds: $70.6M
23% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 26
0% more funds holding
Funds holding: 215 → 215 (0)
12% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 74
16% less capital invested
Capital invested by funds: $2.61B → $2.19B (-$418M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$48.5M |
| 2 |
First Eagle Investment Management
New York
|
+$22.9M |
| 3 |
Primecap Management
Pasadena,
California
|
+$8.18M |
| 4 |
PAM
PineView Asset Management
Greenwich,
Connecticut
|
+$5.52M |
| 5 |
Morgan Stanley
New York
|
+$5.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$41.7M |
| 2 |
Renaissance Technologies
New York
|
-$30.5M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$17.3M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$16.4M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$11.7M |
BB Hedge Fund Activity: Q4 2016 in Review
215 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in BlackBerry (BB) for Q4 2016, worth a combined $2.19B — down 16% from $2.61B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new BB positions and 26 closed out — a net gain of 6 holders — while 65 added to existing stakes and 74 trimmed.
The largest buyer was Iridian Asset Management, adding an estimated $48.5M. The largest seller was Fidelity Investments, cutting an estimated $41.7M.
- 215 institutional investors held BlackBerry (BB) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $2.19B of BlackBerry stock for Q4 2016, down 16% quarter-over-quarter.
- 32 funds opened new BlackBerry positions in Q4 2016 and 26 closed out, a net change of +6 holders.
- The largest BlackBerry buyer in Q4 2016 was Iridian Asset Management, an estimated $48.5M added.
- The largest BlackBerry seller in Q4 2016 was Fidelity Investments, an estimated $41.7M sold.
Based on aggregated 13F filings for Q4 2016.