Best Buy
BBY
602 hedge funds and large institutions have $11.6B invested in Best Buy in 2018 Q4 according to their latest regulatory filings, with 100 funds opening new positions, 184 increasing their positions, 247 reducing their positions, and 111 closing their positions.
0.29% less ownership
Funds ownership: 84.21% → 83.92% (-0.29%)
10% less first-time investments, than exits
New positions opened: 100 | Existing positions closed: 111
2% less funds holding
Funds holding: 617 → 602 (-15)
26% less repeat investments, than reductions
Existing positions increased: 184 | Existing positions reduced: 247
33% less call options, than puts
Call options by funds: $241M | Put options by funds: $360M
36% less capital invested
Capital invested by funds: $18.3B → $11.6B (-$6.66B)
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCIM
TIAA CREF Investment Management
New York
|
+$69.4M |
| 2 |
JP Morgan Chase
New York
|
+$61.6M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$60.6M |
| 4 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$59.8M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$53.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$201M |
| 2 |
Renaissance Technologies
New York
|
-$110M |
| 3 |
Man Group
London,
United Kingdom
|
-$101M |
| 4 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$81.8M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$61.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TAIM
701
TD Ameritrade Investment Management
Omaha,
Nebraska
| – | -$6.4K | -98 | -98% |
|
|
JFGIW
702
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | -$6K | -78 | Closed |
|
|
RMAM
703
Raab & Moskowitz Asset Management
Chatham,
New Jersey
| – | -$4K | -59 | Closed |
|
|
JWA
704
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | -$4K | -51 | Closed |
|
|
DAM
705
Delta Asset Management
Memphis,
Tennessee
| – | -$3K | -40 | Closed |
|
|
JCM
706
Jacobi Capital Management
Pittston,
Pennsylvania
| – | -$3K | -40 | Closed |
|
707
Financial Engines Advisors
Santa Clara,
California
| – | -$3K | -36 | Closed |
|
|
GRP
708
Global Retirement Partners
San Rafael,
California
| – | -$3K | -34 | Closed |
|
|
DWM
709
Destination Wealth Management
Walnut Creek,
California
| – | -$1K | -12 | Closed |
|
|
TL
710
TrueWealth LLC
Atlanta,
Georgia
| – | -$1K | -8 | Closed |
|
|
AC
711
Avestar Capital
New York
| – | -$131 | -2 | -10% |
|
BBY Hedge Fund Activity: Q4 2018 in Review
602 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Best Buy (BBY) for Q4 2018, worth a combined $11.6B — down 36% from $18.3B a quarter earlier.
Sellers outnumbered buyers: 111 funds closed out of BBY and 100 opened new positions — a net loss of 11 holders — while 247 trimmed existing stakes and 184 added.
The largest buyer was TIAA CREF Investment Management, adding an estimated $69.4M. The largest seller was AQR Capital Management, cutting an estimated $201M.
- 602 institutional investors held Best Buy (BBY) as of Q4 2018, down from 617 in Q3 2018.
- Funds reported $11.6B of Best Buy stock for Q4 2018, down 36% quarter-over-quarter.
- 100 funds opened new Best Buy positions in Q4 2018 and 111 closed out, a net change of -11 holders.
- The largest Best Buy buyer in Q4 2018 was TIAA CREF Investment Management, an estimated $69.4M added.
- The largest Best Buy seller in Q4 2018 was AQR Capital Management, an estimated $201M sold.
Based on aggregated 13F filings for Q4 2018.