Best Buy
799 hedge funds and large institutions have $16.3B invested in Best Buy in 2022 Q1 according to their latest regulatory filings, with 94 funds opening new positions, 322 increasing their positions, 283 reducing their positions, and 124 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 322 | Existing positions reduced: 283
3.31% more ownership
Funds ownership: 76.24% → 79.55% (+3.3%)
5% less funds holding
Funds holding: 842 → 799 (-43)
12% less capital invested
Capital invested by funds: $18.6B → $16.3B (-$2.3B)
24% less first-time investments, than exits
New positions opened: 94 | Existing positions closed: 124
27% less call options, than puts
Call options by funds: $356M | Put options by funds: $487M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$108M |
| 2 |
JP Morgan Chase
New York
|
+$94.7M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$41.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$41.3M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$31.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$131M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$130M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$73.4M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$67.5M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$47.3M |
BBY Hedge Fund Activity: Q1 2022 in Review
799 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Best Buy (BBY) for Q1 2022, worth a combined $16.3B — down 12% from $18.6B a quarter earlier.
Sellers outnumbered buyers: 124 funds closed out of BBY and 94 opened new positions — a net loss of 30 holders — while 283 trimmed existing stakes and 322 added.
The largest buyer was Capital World Investors, opening a new position worth an estimated $108M. The largest seller was Ameriprise, cutting an estimated $131M.
- 799 institutional investors held Best Buy (BBY) as of Q1 2022, down from 842 in Q4 2021.
- Funds reported $16.3B of Best Buy stock for Q1 2022, down 12% quarter-over-quarter.
- 94 funds opened new Best Buy positions in Q1 2022 and 124 closed out, a net change of -30 holders.
- The largest Best Buy buyer in Q1 2022 was Capital World Investors, an estimated $108M added.
- The largest Best Buy seller in Q1 2022 was Ameriprise, an estimated $131M sold.
Based on aggregated 13F filings for Q1 2022.