Best Buy
BBY
766 hedge funds and large institutions have $11.8B invested in Best Buy in 2022 Q2 according to their latest regulatory filings, with 98 funds opening new positions, 295 increasing their positions, 276 reducing their positions, and 120 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
7% more repeat investments, than reductions
Existing positions increased: 295 | Existing positions reduced: 276
0.87% more ownership
Funds ownership: 79.55% → 80.42% (+0.87%)
4% less funds holding
Funds holding: 799 → 766 (-33)
18% less first-time investments, than exits
New positions opened: 98 | Existing positions closed: 120
27% less capital invested
Capital invested by funds: $16.3B → $11.8B (-$4.46B)
35% less call options, than puts
Call options by funds: $309M | Put options by funds: $477M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$378M |
| 2 |
Renaissance Technologies
New York
|
+$149M |
| 3 |
Morgan Stanley
New York
|
+$118M |
| 4 |
Millennium Management
New York
|
+$81.4M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$56.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$159M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$107M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$99.1M |
| 4 |
State Street
Boston,
Massachusetts
|
-$66.7M |
| 5 |
BlackRock
New York
|
-$66.7M |
BBY Hedge Fund Activity: Q2 2022 in Review
766 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Best Buy (BBY) for Q2 2022, worth a combined $11.8B — down 27% from $16.3B a quarter earlier.
Sellers outnumbered buyers: 120 funds closed out of BBY and 98 opened new positions — a net loss of 22 holders — while 276 trimmed existing stakes and 295 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $378M. The largest seller was Franklin Resources, cutting an estimated $159M.
- 766 institutional investors held Best Buy (BBY) as of Q2 2022, down from 799 in Q1 2022.
- Funds reported $11.8B of Best Buy stock for Q2 2022, down 27% quarter-over-quarter.
- 98 funds opened new Best Buy positions in Q2 2022 and 120 closed out, a net change of -22 holders.
- The largest Best Buy buyer in Q2 2022 was T. Rowe Price Associates, an estimated $378M added.
- The largest Best Buy seller in Q2 2022 was Franklin Resources, an estimated $159M sold.
Based on aggregated 13F filings for Q2 2022.