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Best Buy
BBY

765 hedge funds and large institutions have $22.6B invested in Best Buy in 2021 Q1 according to their latest regulatory filings, with 104 funds opening new positions, 262 increasing their positions, 311 reducing their positions, and 127 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more funds holding in top 10

Funds holding in top 10: 5 → 7 (+2)

18% more call options, than puts

Call options by funds: $415M | Put options by funds: $351M

10% more capital invested

Capital invested by funds: $20.5B → $22.6B (+$2.11B)

0.65% more ownership

Funds ownership: 78.67% → 79.32% (+0.65%)

4% less funds holding

Funds holding: 799 → 765 (-34)

16% less repeat investments, than reductions

Existing positions increased: 262 | Existing positions reduced: 311

18% less first-time investments, than exits

New positions opened: 104 | Existing positions closed: 127

Holders
765
Holders Change
-34
Holders Change %
-4.26%
% of All Funds
13.43%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.12%
New
104
Increased
262
Reduced
311
Closed
127
Calls
$415M
Puts
$351M
Net Calls
+$63.6M
Net Calls Change
+$125M

Top Buyers

1
BlackRock
BlackRock
New York
+$188M
2
Wells Fargo
Wells Fargo
California
+$121M
3
Bank of America
Bank of America
North Carolina
+$74.3M
4
Two Sigma Investments
Two Sigma Investments
New York
+$73.7M
5
First Trust Advisors
First Trust Advisors
Illinois
+$65.3M

Top Sellers

1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$156M
2
Coatue Management
Coatue Management
New York
-$124M
3
Boston Partners
Boston Partners
Massachusetts
-$116M
4
JP Morgan Chase
JP Morgan Chase
New York
-$87.6M
5
Charles Schwab
Charles Schwab
California
-$78M
Name Holding Trade Value Shares
Change 		Change in
Stake
DILIC
301
Dai-ichi Life Insurance Company
Japan
$2.53M – – –
CWM
302
CIBC World Markets
New York
$2.52M -$2.29M -20,490 -48%
JFA
303
JNBA Financial Advisors
Minnesota
$2.5M – – –
AI
304
Atria Investments
North Carolina
$2.49M +$131K +1,168 +6%
WorldQuant Millennium Advisors
305
WorldQuant Millennium Advisors
New York
$2.46M – – –
CIBC Asset Management
306
CIBC Asset Management
Ontario, Canada
$2.42M -$63.5K -567 -3%
ACM
307
AlphaCrest Capital Management
New York
$2.36M -$1.74M -15,510 -43%
GCP
308
GSA Capital Partners
United Kingdom
$2.36M -$494K -4,413 -18%
EGM
309
Engineers Gate Manager
New York
$2.33M -$663K -5,923 -23%
B
310
Bailard
California
$2.33M +$6.05K +54 +0.3%
SM
311
Sciencast Management
New Jersey
$2.31M +$2.16M +19,250 New
FA
312
FDx Advisors
Illinois
$2.3M +$1.16M +10,376 +108%
SAM
313
Securian Asset Management
Minnesota
$2.27M -$88.4K -789 -4%
CA
314
Cullinan Associates
Kentucky
$2.22M +$2.16M +19,322 New
FAN
315
Financial Advisors Network
California
$2.21M +$1.89M +16,858 +707%
TRCT
316
Tower Research Capital (TRC)
New York
$2.21M +$1.45M +12,920 +205%
NB
317
Norinchukin Bank
Japan
$2.2M +$35.5K +317 +2%
WWA
318
WC Walker & Associates
California
$2.17M +$20.6K +184 +1%
VF
319
Virtu Financial
New York
$2.17M +$2.11M +18,882 New
BMSSC
320
B. Metzler seel. Sohn & Co
Germany
$2.16M – – –
KLC
321
Knowledge Leaders Capital
Colorado
$2.15M -$1.34M -11,964 -39%
HIP
322
Harrell Investment Partners
Texas
$2.11M +$241K +2,148 +13%
LHC
323
Little House Capital
Massachusetts
$2.11M +$2.06M +18,410 New
ET
324
Equitable Trust
Tennessee
$2.11M +$7.95K +71 +0.4%
PS
325
Pensionfund Sabic
Netherlands
$2.1M -$560K -5,000 -21%
11 12
13
14 15

BBY Hedge Fund Activity: Q1 2021 in Review

765 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Best Buy (BBY) for Q1 2021, worth a combined $22.6B — up 10% from $20.5B a quarter earlier.

Sellers outnumbered buyers: 127 funds closed out of BBY and 104 opened new positions — a net loss of 23 holders — while 311 trimmed existing stakes and 262 added.

The largest buyer was BlackRock, adding an estimated $188M. The largest seller was Susquehanna International Group, cutting an estimated $156M.

  • 765 institutional investors held Best Buy (BBY) as of Q1 2021, down from 799 in Q4 2020.
  • Funds reported $22.6B of Best Buy stock for Q1 2021, up 10% quarter-over-quarter.
  • 104 funds opened new Best Buy positions in Q1 2021 and 127 closed out, a net change of -23 holders.
  • The largest Best Buy buyer in Q1 2021 was BlackRock, an estimated $188M added.
  • The largest Best Buy seller in Q1 2021 was Susquehanna International Group, an estimated $156M sold.

Based on aggregated 13F filings for Q1 2021.