Best Buy
BBY
842 hedge funds and large institutions have $18.6B invested in Best Buy in 2021 Q4 according to their latest regulatory filings, with 156 funds opening new positions, 277 increasing their positions, 319 reducing their positions, and 92 closing their positions.
70% more first-time investments, than exits
New positions opened: 156 | Existing positions closed: 92
7% more funds holding
Funds holding: 789 → 842 (+53)
2.4% less ownership
Funds ownership: 78.64% → 76.24% (-2.4%)
9% less capital invested
Capital invested by funds: $20.4B → $18.6B (-$1.82B)
13% less repeat investments, than reductions
Existing positions increased: 277 | Existing positions reduced: 319
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
44% less call options, than puts
Call options by funds: $371M | Put options by funds: $665M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$75.1M |
| 2 |
BlackRock
New York
|
+$72.2M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$59.9M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$43M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$38.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$648M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$234M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$136M |
| 4 |
Renaissance Technologies
New York
|
-$85.7M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$54.7M |
BBY Hedge Fund Activity: Q4 2021 in Review
842 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Best Buy (BBY) for Q4 2021, worth a combined $18.6B — down 8.9% from $20.4B a quarter earlier.
Buyers outnumbered sellers: 156 funds opened new BBY positions and 92 closed out — a net gain of 64 holders — while 277 added to existing stakes and 319 trimmed.
The largest buyer was Franklin Resources, adding an estimated $75.1M. The largest seller was Fidelity Investments, cutting an estimated $648M.
- 842 institutional investors held Best Buy (BBY) as of Q4 2021, up from 789 in Q3 2021.
- Funds reported $18.6B of Best Buy stock for Q4 2021, down 8.9% quarter-over-quarter.
- 156 funds opened new Best Buy positions in Q4 2021 and 92 closed out, a net change of +64 holders.
- The largest Best Buy buyer in Q4 2021 was Franklin Resources, an estimated $75.1M added.
- The largest Best Buy seller in Q4 2021 was Fidelity Investments, an estimated $648M sold.
Based on aggregated 13F filings for Q4 2021.