Best Buy
BBY
655 hedge funds and large institutions have $17.9B invested in Best Buy in 2019 Q4 according to their latest regulatory filings, with 111 funds opening new positions, 198 increasing their positions, 267 reducing their positions, and 54 closing their positions.
106% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 54
28% more capital invested
Capital invested by funds: $13.9B → $17.9B (+$3.93B)
8% more funds holding
Funds holding: 609 → 655 (+46)
1.31% more ownership
Funds ownership: 77.38% → 78.69% (+1.3%)
26% less repeat investments, than reductions
Existing positions increased: 198 | Existing positions reduced: 267
26% less call options, than puts
Call options by funds: $242M | Put options by funds: $328M
Top Buyers
Top Sellers
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$100M |
| 2 |
Two Sigma Investments
New York
|
-$62.3M |
| 3 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$62.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$58.1M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$52.5M |
BBY Hedge Fund Activity: Q4 2019 in Review
655 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Best Buy (BBY) for Q4 2019, worth a combined $17.9B — up 28% from $13.9B a quarter earlier.
Buyers outnumbered sellers: 111 funds opened new BBY positions and 54 closed out — a net gain of 57 holders — while 198 added to existing stakes and 267 trimmed.
The largest buyer was American International Group, adding an estimated $307M. The largest seller was AQR Capital Management, cutting an estimated $100M.
- 655 institutional investors held Best Buy (BBY) as of Q4 2019, up from 609 in Q3 2019.
- Funds reported $17.9B of Best Buy stock for Q4 2019, up 28% quarter-over-quarter.
- 111 funds opened new Best Buy positions in Q4 2019 and 54 closed out, a net change of +57 holders.
- The largest Best Buy buyer in Q4 2019 was American International Group, an estimated $307M added.
- The largest Best Buy seller in Q4 2019 was AQR Capital Management, an estimated $100M sold.
Based on aggregated 13F filings for Q4 2019.