Best Buy
456 hedge funds and large institutions have $10.9B invested in Best Buy in 2013 Q4 according to their latest regulatory filings, with 83 funds opening new positions, 152 increasing their positions, 176 reducing their positions, and 41 closing their positions.
102% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 41
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
17% more call options, than puts
Call options by funds: $342M | Put options by funds: $291M
10% more funds holding
Funds holding: 416 → 456 (+40)
9% more capital invested
Capital invested by funds: $10B → $10.9B (+$868M)
0.7% more ownership
Funds ownership: 78.29% → 78.99% (+0.7%)
14% less repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 176
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$153M |
| 2 |
JP Morgan Chase
New York
|
+$109M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$108M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$94.6M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$62.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$277M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$122M |
| 3 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$74M |
| 4 |
Two Sigma Investments
New York
|
-$60M |
| 5 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$44.5M |
BBY Hedge Fund Activity: Q4 2013 in Review
456 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Best Buy (BBY) for Q4 2013, worth a combined $10.9B — up 8.7% from $10B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new BBY positions and 41 closed out — a net gain of 42 holders — while 152 added to existing stakes and 176 trimmed.
The largest buyer was Ameriprise, adding an estimated $153M. The largest seller was Winslow Capital Management, cutting an estimated $277M.
- 456 institutional investors held Best Buy (BBY) as of Q4 2013, up from 416 in Q3 2013.
- Funds reported $10.9B of Best Buy stock for Q4 2013, up 8.7% quarter-over-quarter.
- 83 funds opened new Best Buy positions in Q4 2013 and 41 closed out, a net change of +42 holders.
- The largest Best Buy buyer in Q4 2013 was Ameriprise, an estimated $153M added.
- The largest Best Buy seller in Q4 2013 was Winslow Capital Management, an estimated $277M sold.
Based on aggregated 13F filings for Q4 2013.