Best Buy
611 hedge funds and large institutions have $11.6B invested in Best Buy in 2020 Q1 according to their latest regulatory filings, with 84 funds opening new positions, 223 increasing their positions, 244 reducing their positions, and 119 closing their positions.
0.54% more ownership
Funds ownership: 78.69% → 79.22% (+0.54%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less repeat investments, than reductions
Existing positions increased: 223 | Existing positions reduced: 244
7% less funds holding
Funds holding: 655 → 611 (-44)
29% less first-time investments, than exits
New positions opened: 84 | Existing positions closed: 119
35% less capital invested
Capital invested by funds: $17.9B → $11.6B (-$6.31B)
58% less call options, than puts
Call options by funds: $83.1M | Put options by funds: $196M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$242M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$88.4M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$81.7M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$70.5M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$65.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$295M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$243M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$102M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$92.9M |
| 5 |
AIG
American International Group
New York
|
-$82.5M |
BBY Hedge Fund Activity: Q1 2020 in Review
611 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Best Buy (BBY) for Q1 2020, worth a combined $11.6B — down 35% from $17.9B a quarter earlier.
Sellers outnumbered buyers: 119 funds closed out of BBY and 84 opened new positions — a net loss of 35 holders — while 244 trimmed existing stakes and 223 added.
The largest buyer was Boston Partners, adding an estimated $242M. The largest seller was Fidelity Investments, cutting an estimated $295M.
- 611 institutional investors held Best Buy (BBY) as of Q1 2020, down from 655 in Q4 2019.
- Funds reported $11.6B of Best Buy stock for Q1 2020, down 35% quarter-over-quarter.
- 84 funds opened new Best Buy positions in Q1 2020 and 119 closed out, a net change of -35 holders.
- The largest Best Buy buyer in Q1 2020 was Boston Partners, an estimated $242M added.
- The largest Best Buy seller in Q1 2020 was Fidelity Investments, an estimated $295M sold.
Based on aggregated 13F filings for Q1 2020.