Boise Cascade
170 hedge funds and large institutions have $748M invested in Boise Cascade in 2016 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 61 increasing their positions, 58 reducing their positions, and 28 closing their positions.
239% more call options, than puts
Call options by funds: $9.42M | Put options by funds: $2.78M
39% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 28
7% more funds holding
Funds holding: 159 → 170 (+11)
5% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 58
4.84% less ownership
Funds ownership: 98.81% → 93.97% (-4.8%)
24% less capital invested
Capital invested by funds: $979M → $748M (-$231M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$22.2M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$9.8M |
| 3 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$6.61M |
| 4 |
LCM
Lomas Capital Management
New York
|
+$6.39M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$5.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$51.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$30.4M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$18.5M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$10.4M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.03M |
BCC Hedge Fund Activity: Q1 2016 in Review
170 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Boise Cascade (BCC) for Q1 2016, worth a combined $748M — down 24% from $979M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new BCC positions and 28 closed out — a net gain of 11 holders — while 61 added to existing stakes and 58 trimmed.
The largest buyer was Putnam Investments, opening a new position worth an estimated $22.2M. The largest seller was Westwood Holdings Group, exiting entirely with an estimated $51.9M sold.
- 170 institutional investors held Boise Cascade (BCC) as of Q1 2016, up from 159 in Q4 2015.
- Funds reported $748M of Boise Cascade stock for Q1 2016, down 24% quarter-over-quarter.
- 39 funds opened new Boise Cascade positions in Q1 2016 and 28 closed out, a net change of +11 holders.
- The largest Boise Cascade buyer in Q1 2016 was Putnam Investments, an estimated $22.2M added.
- The largest Boise Cascade seller in Q1 2016 was Westwood Holdings Group, an estimated $51.9M sold.
Based on aggregated 13F filings for Q1 2016.