Best Buy
539 hedge funds and large institutions have $15.3B invested in Best Buy in 2017 Q2 according to their latest regulatory filings, with 86 funds opening new positions, 147 increasing their positions, 260 reducing their positions, and 48 closing their positions.
79% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 48
10% more capital invested
Capital invested by funds: $13.9B → $15.3B (+$1.38B)
7% more funds holding
Funds holding: 504 → 539 (+35)
4.12% less ownership
Funds ownership: 91.66% → 87.54% (-4.1%)
11% less funds holding in top 10
Funds holding in top 10: 18 → 16 (-2)
43% less repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 260
53% less call options, than puts
Call options by funds: $130M | Put options by funds: $278M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$167M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$88.1M |
| 3 |
Morgan Stanley
New York
|
+$87.7M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
+$73.3M |
| 5 |
D.E. Shaw & Co
New York
|
+$55.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$216M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$148M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$121M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$100M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
-$60.6M |
BBY Hedge Fund Activity: Q2 2017 in Review
539 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Best Buy (BBY) for Q2 2017, worth a combined $15.3B — up 9.9% from $13.9B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new BBY positions and 48 closed out — a net gain of 38 holders — while 147 added to existing stakes and 260 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $167M. The largest seller was JP Morgan Chase, cutting an estimated $216M.
- 539 institutional investors held Best Buy (BBY) as of Q2 2017, up from 504 in Q1 2017.
- Funds reported $15.3B of Best Buy stock for Q2 2017, up 9.9% quarter-over-quarter.
- 86 funds opened new Best Buy positions in Q2 2017 and 48 closed out, a net change of +38 holders.
- The largest Best Buy buyer in Q2 2017 was Renaissance Technologies, an estimated $167M added.
- The largest Best Buy seller in Q2 2017 was JP Morgan Chase, an estimated $216M sold.
Based on aggregated 13F filings for Q2 2017.