Best Buy
763 hedge funds and large institutions have $22.6B invested in Best Buy in 2021 Q2 according to their latest regulatory filings, with 83 funds opening new positions, 327 increasing their positions, 266 reducing their positions, and 76 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 327 | Existing positions reduced: 266
9% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 76
0% less capital invested
Capital invested by funds: $22.6B → $22.6B (-$39.9M)
0% less funds holding
Funds holding: 765 → 763 (-2)
0.35% less ownership
Funds ownership: 79.32% → 78.97% (-0.35%)
34% less call options, than puts
Call options by funds: $304M | Put options by funds: $464M
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HMP
HS Management Partners
New York
|
+$194M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$92.9M |
| 3 |
BG
Bahl & Gaynor
Cincinnati,
Ohio
|
+$89.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$87.8M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
+$74.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$175M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$149M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$142M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$127M |
| 5 |
BlackRock
New York
|
-$105M |
BBY Hedge Fund Activity: Q2 2021 in Review
763 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Best Buy (BBY) for Q2 2021, worth a combined $22.6B — down 0.18% from $22.6B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new BBY positions and 76 closed out — a net gain of 7 holders — while 327 added to existing stakes and 266 trimmed.
The largest buyer was HS Management Partners, opening a new position worth an estimated $194M. The largest seller was Ameriprise, cutting an estimated $175M.
- 763 institutional investors held Best Buy (BBY) as of Q2 2021, down from 765 in Q1 2021.
- Funds reported $22.6B of Best Buy stock for Q2 2021, down 0.18% quarter-over-quarter.
- 83 funds opened new Best Buy positions in Q2 2021 and 76 closed out, a net change of +7 holders.
- The largest Best Buy buyer in Q2 2021 was HS Management Partners, an estimated $194M added.
- The largest Best Buy seller in Q2 2021 was Ameriprise, an estimated $175M sold.
Based on aggregated 13F filings for Q2 2021.