Best Buy
BBY
455 hedge funds and large institutions have $9.03B invested in Best Buy in 2016 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 132 increasing their positions, 203 reducing their positions, and 64 closing their positions.
1.68% more ownership
Funds ownership: 86.35% → 88.03% (+1.7%)
2% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 64
0% less funds holding
Funds holding: 456 → 455 (-1)
13% less capital invested
Capital invested by funds: $10.3B → $9.03B (-$1.3B)
20% less call options, than puts
Call options by funds: $121M | Put options by funds: $151M
35% less repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 203
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$188M |
| 2 |
Renaissance Technologies
New York
|
+$71.1M |
| 3 |
Royal London Asset Management
United Kingdom
|
+$62.6M |
| 4 |
Ninety One (UK)
London,
United Kingdom
|
+$55.3M |
| 5 |
Goldman Sachs
New York
|
+$41.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$154M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$130M |
| 3 |
JP Morgan Chase
New York
|
-$109M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$55.6M |
| 5 |
O
OppenheimerFunds
New York
|
-$44.1M |
BBY Hedge Fund Activity: Q1 2016 in Review
455 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Best Buy (BBY) for Q1 2016, worth a combined $9.03B — down 13% from $10.3B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new BBY positions and 64 closed out — a net gain of 1 holder — while 132 added to existing stakes and 203 trimmed.
The largest buyer was Skandinaviska Enskilda Banken (SEB), opening a new position worth an estimated $188M. The largest seller was Ameriprise, cutting an estimated $154M.
- 455 institutional investors held Best Buy (BBY) as of Q1 2016, down from 456 in Q4 2015.
- Funds reported $9.03B of Best Buy stock for Q1 2016, down 13% quarter-over-quarter.
- 65 funds opened new Best Buy positions in Q1 2016 and 64 closed out, a net change of +1 holder.
- The largest Best Buy buyer in Q1 2016 was Skandinaviska Enskilda Banken (SEB), an estimated $188M added.
- The largest Best Buy seller in Q1 2016 was Ameriprise, an estimated $154M sold.
Based on aggregated 13F filings for Q1 2016.