Best Buy
609 hedge funds and large institutions have $13.9B invested in Best Buy in 2019 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 214 increasing their positions, 234 reducing their positions, and 65 closing their positions.
3% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 65
0% less funds holding
Funds holding: 610 → 609 (-1)
9% less repeat investments, than reductions
Existing positions increased: 214 | Existing positions reduced: 234
1.09% less ownership
Funds ownership: 78.47% → 77.38% (-1.1%)
13% less capital invested
Capital invested by funds: $15.9B → $13.9B (-$2.02B)
24% less call options, than puts
Call options by funds: $210M | Put options by funds: $275M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$124M |
| 2 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$86.8M |
| 3 |
Two Sigma Investments
New York
|
+$42.1M |
| 4 |
EWM
Evercore Wealth Management
New York
|
+$36M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$34.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$104M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
-$68.5M |
| 3 |
Renaissance Technologies
New York
|
-$67.4M |
| 4 |
Bank of New York Mellon
New York
|
-$61.8M |
| 5 |
Holocene Advisors
New York
|
-$51.1M |
BBY Hedge Fund Activity: Q3 2019 in Review
609 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Best Buy (BBY) for Q3 2019, worth a combined $13.9B — down 13% from $15.9B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new BBY positions and 65 closed out — a net gain of 2 holders — while 214 added to existing stakes and 234 trimmed.
The largest buyer was Boston Partners, opening a new position worth an estimated $124M. The largest seller was Skandinaviska Enskilda Banken (SEB), cutting an estimated $104M.
- 609 institutional investors held Best Buy (BBY) as of Q3 2019, down from 610 in Q2 2019.
- Funds reported $13.9B of Best Buy stock for Q3 2019, down 13% quarter-over-quarter.
- 67 funds opened new Best Buy positions in Q3 2019 and 65 closed out, a net change of +2 holders.
- The largest Best Buy buyer in Q3 2019 was Boston Partners, an estimated $124M added.
- The largest Best Buy seller in Q3 2019 was Skandinaviska Enskilda Banken (SEB), an estimated $104M sold.
Based on aggregated 13F filings for Q3 2019.