BlackBerry
229 hedge funds and large institutions have $2.33B invested in BlackBerry in 2014 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 73 increasing their positions, 69 reducing their positions, and 49 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
20% more call options, than puts
Call options by funds: $291M | Put options by funds: $242M
12% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 49
9% more capital invested
Capital invested by funds: $2.13B → $2.33B (+$199M)
3% more funds holding
Funds holding: 223 → 229 (+6)
6% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 69
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
+$193M |
| 2 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
+$105M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$64.6M |
| 4 |
Group One Trading
Chicago,
Illinois
|
+$35.7M |
| 5 |
SRFM
Shannon River Fund Management
New York
|
+$32.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
-$74.4M |
| 2 |
FFH
Fairfax Financial Holdings
Toronto,
Ontario, Canada
|
-$48.8M |
| 3 |
Coatue Management
New York
|
-$45.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$45.5M |
| 5 |
YAM
Yacktman Asset Management
Austin,
Texas
|
-$43.8M |
BB Hedge Fund Activity: Q1 2014 in Review
229 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in BlackBerry (BB) for Q1 2014, worth a combined $2.33B — up 9.3% from $2.13B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new BB positions and 49 closed out — a net gain of 6 holders — while 73 added to existing stakes and 69 trimmed.
The largest buyer was Primecap Management, adding an estimated $193M. The largest seller was Third Point, exiting entirely with an estimated $74.4M sold.
- 229 institutional investors held BlackBerry (BB) as of Q1 2014, up from 223 in Q4 2013.
- Funds reported $2.33B of BlackBerry stock for Q1 2014, up 9.3% quarter-over-quarter.
- 55 funds opened new BlackBerry positions in Q1 2014 and 49 closed out, a net change of +6 holders.
- The largest BlackBerry buyer in Q1 2014 was Primecap Management, an estimated $193M added.
- The largest BlackBerry seller in Q1 2014 was Third Point, an estimated $74.4M sold.
Based on aggregated 13F filings for Q1 2014.