Best Buy
483 hedge funds and large institutions have $11.5B invested in Best Buy in 2015 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 159 increasing their positions, 181 reducing their positions, and 62 closing their positions.
34% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 62
5.85% more ownership
Funds ownership: 80.66% → 86.51% (+5.8%)
3% more funds holding
Funds holding: 467 → 483 (+16)
4% more capital invested
Capital invested by funds: $11B → $11.5B (+$469M)
4% less call options, than puts
Call options by funds: $193M | Put options by funds: $202M
12% less repeat investments, than reductions
Existing positions increased: 159 | Existing positions reduced: 181
73% less funds holding in top 10
Funds holding in top 10: 11 → 3 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$571M |
| 2 |
Goldman Sachs
New York
|
+$166M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$102M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$94M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$72.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Majedie Asset Management
London,
United Kingdom
|
-$52.1M |
| 2 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
-$47M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$45.2M |
| 4 |
CANY
Caxton Associates (New York)
New York
|
-$43.2M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$43.1M |
BBY Hedge Fund Activity: Q1 2015 in Review
483 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Best Buy (BBY) for Q1 2015, worth a combined $11.5B — up 4.3% from $11B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new BBY positions and 62 closed out — a net gain of 21 holders — while 159 added to existing stakes and 181 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $571M. The largest seller was Majedie Asset Management, cutting an estimated $52.1M.
- 483 institutional investors held Best Buy (BBY) as of Q1 2015, up from 467 in Q4 2014.
- Funds reported $11.5B of Best Buy stock for Q1 2015, up 4.3% quarter-over-quarter.
- 83 funds opened new Best Buy positions in Q1 2015 and 62 closed out, a net change of +21 holders.
- The largest Best Buy buyer in Q1 2015 was JP Morgan Chase, an estimated $571M added.
- The largest Best Buy seller in Q1 2015 was Majedie Asset Management, an estimated $52.1M sold.
Based on aggregated 13F filings for Q1 2015.