Boise Cascade
244 hedge funds and large institutions have $1.63B invested in Boise Cascade in 2017 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 84 increasing their positions, 73 reducing their positions, and 16 closing their positions.
275% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 16
55% more call options, than puts
Call options by funds: $4.68M | Put options by funds: $3.02M
25% more capital invested
Capital invested by funds: $1.3B → $1.63B (+$331M)
22% more funds holding
Funds holding: 200 → 244 (+44)
15% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 73
9.34% more ownership
Funds ownership: 96.61% → 105.95% (+9.3%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$31M |
| 2 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
+$22.2M |
| 3 |
Millennium Management
New York
|
+$19M |
| 4 |
Morgan Stanley
New York
|
+$15M |
| 5 |
SIM
Spark Investment Management
New York
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$20.2M |
| 2 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$15.1M |
| 3 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$11.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.55M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$9.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
UOC
251
UBS O'Connor
Chicago,
Illinois
| – | -$791K | -22,678 | Closed |
|
252
Balyasny Asset Management
Chicago,
Illinois
| – | -$785K | -22,500 | Closed |
|
|
TI
253
Trexquant Investment
Stamford,
Connecticut
| – | -$476K | -13,637 | Closed |
|
|
FRM
254
Fox Run Management
Greenwich,
Connecticut
| – | -$447K | -12,800 | Closed |
|
|
SFS
255
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$394K | -11,000 | Closed |
|
|
PCM
256
Penn Capital Management
Philadelphia,
Pennsylvania
| – | -$319K | -9,140 | Closed |
|
|
HCM
257
Highbridge Capital Management
New York
| – | -$260K | -7,453 | Closed |
|
|
N
258
Natixis
Paris,
France
| – | -$210K | -6,027 | Closed |
|
|
PCM
259
Prelude Capital Management
New York
| – | -$21K | -600 | Closed |
|
|
VCM
260
Virtue Capital Management
Brentwood,
Tennessee
| – | +$74 | +2 | New |
|
BCC Hedge Fund Activity: Q4 2017 in Review
244 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Boise Cascade (BCC) for Q4 2017, worth a combined $1.63B — up 25% from $1.3B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new BCC positions and 16 closed out — a net gain of 44 holders — while 84 added to existing stakes and 73 trimmed.
The largest buyer was Hennessy Advisors Inc, opening a new position worth an estimated $31M. The largest seller was OppenheimerFunds, cutting an estimated $20.2M.
- 244 institutional investors held Boise Cascade (BCC) as of Q4 2017, up from 200 in Q3 2017.
- Funds reported $1.63B of Boise Cascade stock for Q4 2017, up 25% quarter-over-quarter.
- 60 funds opened new Boise Cascade positions in Q4 2017 and 16 closed out, a net change of +44 holders.
- The largest Boise Cascade buyer in Q4 2017 was Hennessy Advisors Inc, an estimated $31M added.
- The largest Boise Cascade seller in Q4 2017 was OppenheimerFunds, an estimated $20.2M sold.
Based on aggregated 13F filings for Q4 2017.