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Best Buy

456 hedge funds and large institutions have $10.3B invested in Best Buy in 2015 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 163 increasing their positions, 177 reducing their positions, and 68 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.43% more ownership

Funds ownership: 85.92%86.35% (+0.43%)

8% less repeat investments, than reductions

Existing positions increased: 163 | Existing positions reduced: 177

2% less funds holding

Funds holding: 467456 (-11)

10% less first-time investments, than exits

New positions opened: 61 | Existing positions closed: 68

18% less capital invested

Capital invested by funds: $12.6B → $10.3B (-$2.25B)

36% less call options, than puts

Call options by funds: $215M | Put options by funds: $334M

63% less funds holding in top 10

Funds holding in top 10: 83 (-5)

Holders
456
Holders Change
-11
Holders Change %
-2.36%
% of All Funds
11.96%
Holding in Top 10
3
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-62.5%
% of All Funds
0.08%
New
61
Increased
163
Reduced
177
Closed
68
Calls
$215M
Puts
$334M
Net Calls
-$119M
Net Calls Change
+$5.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Neuberger Berman Group
26
Neuberger Berman Group
New York
$82.8M +$36.3M +1,096,985 +68%
UBS AM
27
UBS AM
Illinois
$80.3M -$8.7M -262,986 -9%
Goldman Sachs
28
Goldman Sachs
New York
$80.1M -$77.8M -2,351,268 -47%
PP
29
Prudential plc
United Kingdom
$79.2M +$10.4M +315,500 +14%
Massachusetts Financial Services
30
Massachusetts Financial Services
Massachusetts
$78.5M +$10.1M +306,322 +13%
Prudential Financial
31
Prudential Financial
New Jersey
$73.3M +$155K +4,670 +0.2%
JHIU
32
Janus Henderson Investors US
Colorado
$64.7M -$28.8M -870,800 -29%
TA
33
Teachers Advisors
New York
$63.2M -$25.2M -763,085 -27%
AIM
34
Assured Investment Management
New York
$56M +$16.7M +503,392 +38%
Charles Schwab
35
Charles Schwab
California
$55.1M -$4.26M -128,622 -7%
Axa
36
Axa
France
$54.1M -$15.7M -475,954 -21%
LSV Asset Management
37
LSV Asset Management
Illinois
$51.8M +$16.4M +494,290 +41%
AL
38
AJO LP
Pennsylvania
$50.6M +$23.2M +701,694 +73%
Franklin Resources
39
Franklin Resources
California
$49.3M -$2.29M -69,122 -4%
Legal & General Group
40
Legal & General Group
United Kingdom
$45.3M -$950K -28,715 -2%
GC
41
Guggenheim Capital
Illinois
$43.1M +$14.2M +428,206 +43%
AllianceBernstein
42
AllianceBernstein
Tennessee
$42.6M -$2.42M -73,150 -5%
PAM
43
Panagora Asset Management
Massachusetts
$40.3M +$8.36M +252,535 +24%
CS
44
Credit Suisse
Switzerland
$40M +$5.31M +160,385 +14%
UOC
45
UBS O'Connor
Illinois
$39.1M +$13.3M +402,420 +46%
PP
46
Peconic Partners
New York
$33.9M -$2.78M -84,044 -8%
NAM
47
NorthCoast Asset Management
Connecticut
$32.2M +$32.4M +979,072 +1,271%
Schroder Investment Management Group
48
Schroder Investment Management Group
United Kingdom
$32.2M +$6.44M +194,785 +23%
California Public Employees Retirement System
49
California Public Employees Retirement System
California
$30.8M +$2.16M +65,400 +7%
New York State Common Retirement Fund
50
New York State Common Retirement Fund
New York
$30.6M -$1.96M -59,336 -6%

BBY Hedge Fund Activity: Q4 2015 in Review

456 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Best Buy (BBY) for Q4 2015, worth a combined $10.3B — down 18% from $12.6B a quarter earlier.

Sellers outnumbered buyers: 68 funds closed out of BBY and 61 opened new positions — a net loss of 7 holders — while 177 trimmed existing stakes and 163 added.

The largest buyer was Boston Partners, adding an estimated $229M. The largest seller was Goldman Sachs, cutting an estimated $77.8M.

  • 456 institutional investors held Best Buy (BBY) as of Q4 2015, down from 467 in Q3 2015.
  • Funds reported $10.3B of Best Buy stock for Q4 2015, down 18% quarter-over-quarter.
  • 61 funds opened new Best Buy positions in Q4 2015 and 68 closed out, a net change of -7 holders.
  • The largest Best Buy buyer in Q4 2015 was Boston Partners, an estimated $229M added.
  • The largest Best Buy seller in Q4 2015 was Goldman Sachs, an estimated $77.8M sold.

Based on aggregated 13F filings for Q4 2015.