Best Buy
459 hedge funds and large institutions have $8.6B invested in Best Buy in 2016 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 179 increasing their positions, 166 reducing their positions, and 47 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
15% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 47
8% more repeat investments, than reductions
Existing positions increased: 179 | Existing positions reduced: 166
1% more funds holding
Funds holding: 455 → 459 (+4)
0.83% less ownership
Funds ownership: 88.03% → 87.21% (-0.83%)
5% less capital invested
Capital invested by funds: $9.03B → $8.6B (-$435M)
39% less call options, than puts
Call options by funds: $91.5M | Put options by funds: $150M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$64.1M |
| 2 |
TC
Tyvor Capital
Oak Brook,
Illinois
|
+$36M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$34.5M |
| 4 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$27.2M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
+$23.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
-$65.7M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$46M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$45.8M |
| 4 |
JP Morgan Chase
New York
|
-$44.4M |
| 5 |
Goldman Sachs
New York
|
-$43.1M |
BBY Hedge Fund Activity: Q2 2016 in Review
459 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Best Buy (BBY) for Q2 2016, worth a combined $8.6B — down 4.8% from $9.03B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new BBY positions and 47 closed out — a net gain of 7 holders — while 179 added to existing stakes and 166 trimmed.
The largest buyer was Two Sigma Investments, adding an estimated $64.1M. The largest seller was Royal London Asset Management, cutting an estimated $65.7M.
- 459 institutional investors held Best Buy (BBY) as of Q2 2016, up from 455 in Q1 2016.
- Funds reported $8.6B of Best Buy stock for Q2 2016, down 4.8% quarter-over-quarter.
- 54 funds opened new Best Buy positions in Q2 2016 and 47 closed out, a net change of +7 holders.
- The largest Best Buy buyer in Q2 2016 was Two Sigma Investments, an estimated $64.1M added.
- The largest Best Buy seller in Q2 2016 was Royal London Asset Management, an estimated $65.7M sold.
Based on aggregated 13F filings for Q2 2016.