Best Buy
BBY
849 hedge funds and large institutions have $15.4B invested in Best Buy in 2024 Q4 according to their latest regulatory filings, with 131 funds opening new positions, 333 increasing their positions, 283 reducing their positions, and 141 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 333 | Existing positions reduced: 283
0.37% more ownership
Funds ownership: 83.51% → 83.88% (+0.37%)
7% less first-time investments, than exits
New positions opened: 131 | Existing positions closed: 141
3% less funds holding
Funds holding: 873 → 849 (-24)
15% less call options, than puts
Call options by funds: $476M | Put options by funds: $559M
17% less capital invested
Capital invested by funds: $18.5B → $15.4B (-$3.08B)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$103M |
| 2 |
State Street
Boston,
Massachusetts
|
+$74.5M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$64M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$57.4M |
| 5 |
Morgan Stanley
New York
|
+$56.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
-$153M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$91.7M |
| 3 |
D.E. Shaw & Co
New York
|
-$70.3M |
| 4 |
Amundi
Paris,
France
|
-$61.2M |
| 5 |
JP Morgan Chase
New York
|
-$58.1M |
BBY Hedge Fund Activity: Q4 2024 in Review
849 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Best Buy (BBY) for Q4 2024, worth a combined $15.4B — down 17% from $18.5B a quarter earlier.
Sellers outnumbered buyers: 141 funds closed out of BBY and 131 opened new positions — a net loss of 10 holders — while 283 trimmed existing stakes and 333 added.
The largest buyer was BlackRock, adding an estimated $103M. The largest seller was Ninety One (UK), exiting entirely with an estimated $153M sold.
- 849 institutional investors held Best Buy (BBY) as of Q4 2024, down from 873 in Q3 2024.
- Funds reported $15.4B of Best Buy stock for Q4 2024, down 17% quarter-over-quarter.
- 131 funds opened new Best Buy positions in Q4 2024 and 141 closed out, a net change of -10 holders.
- The largest Best Buy buyer in Q4 2024 was BlackRock, an estimated $103M added.
- The largest Best Buy seller in Q4 2024 was Ninety One (UK), an estimated $153M sold.
Based on aggregated 13F filings for Q4 2024.