Best Buy
BBY
467 hedge funds and large institutions have $9.87B invested in Best Buy in 2015 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 209 increasing their positions, 153 reducing their positions, and 63 closing their positions.
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
37% more repeat investments, than reductions
Existing positions increased: 209 | Existing positions reduced: 153
0.35% less ownership
Funds ownership: 86.51% → 86.16% (-0.35%)
3% less funds holding
Funds holding: 483 → 467 (-16)
14% less capital invested
Capital invested by funds: $11.5B → $9.87B (-$1.59B)
17% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 63
36% less call options, than puts
Call options by funds: $145M | Put options by funds: $225M
Top Buyers
| 1 |
Goldman Sachs
New York
|
+$60.2M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
+$44.7M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$44.3M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$39M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$34.6M |
Top Sellers
| 1 |
JP Morgan Chase
New York
|
-$194M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$82.3M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$65.9M |
| 4 |
ClearBridge Investments
New York
|
-$52.5M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$36.2M |
BBY Hedge Fund Activity: Q2 2015 in Review
467 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Best Buy (BBY) for Q2 2015, worth a combined $9.87B — down 14% from $11.5B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of BBY and 52 opened new positions — a net loss of 11 holders — while 153 trimmed existing stakes and 209 added.
The largest buyer was Goldman Sachs, adding an estimated $60.2M. The largest seller was JP Morgan Chase, cutting an estimated $194M.
- 467 institutional investors held Best Buy (BBY) as of Q2 2015, down from 483 in Q1 2015.
- Funds reported $9.87B of Best Buy stock for Q2 2015, down 14% quarter-over-quarter.
- 52 funds opened new Best Buy positions in Q2 2015 and 63 closed out, a net change of -11 holders.
- The largest Best Buy buyer in Q2 2015 was Goldman Sachs, an estimated $60.2M added.
- The largest Best Buy seller in Q2 2015 was JP Morgan Chase, an estimated $194M sold.
Based on aggregated 13F filings for Q2 2015.