Best Buy
BBY
565 hedge funds and large institutions have $17B invested in Best Buy in 2017 Q4 according to their latest regulatory filings, with 96 funds opening new positions, 163 increasing their positions, 244 reducing their positions, and 48 closing their positions.
100% more first-time investments, than exits
New positions opened: 96 | Existing positions closed: 48
14% more capital invested
Capital invested by funds: $14.9B → $17B (+$2.04B)
8% more funds holding
Funds holding: 523 → 565 (+42)
2.63% less ownership
Funds ownership: 87.7% → 85.07% (-2.6%)
23% less call options, than puts
Call options by funds: $228M | Put options by funds: $297M
29% less funds holding in top 10
Funds holding in top 10: 14 → 10 (-4)
33% less repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 244
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$84.1M |
| 2 |
Renaissance Technologies
New York
|
+$75.8M |
| 3 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$75.1M |
| 4 |
Bank of New York Mellon
New York
|
+$74.8M |
| 5 |
Goldman Sachs
New York
|
+$63.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
-$631M |
| 2 |
BlackRock
New York
|
-$93.4M |
| 3 |
JP Morgan Chase
New York
|
-$81.9M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$74.5M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$63.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IR
601
Invictus RG
Hamilton,
Bermuda
| – | -$62K | -1,090 | Closed |
|
|
HFM
602
Harvest Fund Management
Beijing,
China
| – | -$53K | -923 | Closed |
|
603
Bessemer Group
Woodbridge,
New Jersey
| – | -$24K | -415 | Closed |
|
|
ZB
604
Zions Bancorporation
Salt Lake City,
Utah
| – | -$14K | -253 | Closed |
|
|
CAL
605
Capital Analysts LLC
Fort Washington,
Pennsylvania
| – | -$8K | -142 | Closed |
|
|
FMII
606
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | -$6K | -100 | Closed |
|
|
PAI
607
Pittenger & Anderson Inc
Lincoin,
Nebraska
| – | -$6K | -100 | Closed |
|
|
IP
608
Isthmus Partners
Madison,
Wisconsin
| – | -$5K | -92 | Closed |
|
|
NFG
609
Next Financial Group
Houston,
Texas
| – | -$1K | -20 | Closed |
|
|
AF
610
Allworth Financial
Folsom,
California
| – | +$178 | +3 | New |
|
|
MGIA
611
Moneta Group Investment Advisors
St Louis,
Missouri
| – | +$237 | +4 | New |
|
|
AC
612
Avestar Capital
New York
| – | +$651 | +11 | New |
|
|
KJWM
613
Kiley Juergens Wealth Management
Olympia,
Washington
| – | +$2.66K | +45 | New |
|
BBY Hedge Fund Activity: Q4 2017 in Review
565 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Best Buy (BBY) for Q4 2017, worth a combined $17B — up 14% from $14.9B a quarter earlier.
Buyers outnumbered sellers: 96 funds opened new BBY positions and 48 closed out — a net gain of 48 holders — while 163 added to existing stakes and 244 trimmed.
The largest buyer was Artemis Investment Management, adding an estimated $84.1M. The largest seller was American International Group, cutting an estimated $631M.
- 565 institutional investors held Best Buy (BBY) as of Q4 2017, up from 523 in Q3 2017.
- Funds reported $17B of Best Buy stock for Q4 2017, up 14% quarter-over-quarter.
- 96 funds opened new Best Buy positions in Q4 2017 and 48 closed out, a net change of +48 holders.
- The largest Best Buy buyer in Q4 2017 was Artemis Investment Management, an estimated $84.1M added.
- The largest Best Buy seller in Q4 2017 was American International Group, an estimated $631M sold.
Based on aggregated 13F filings for Q4 2017.