Boise Cascade
BCC
172 hedge funds and large institutions have $857M invested in Boise Cascade in 2016 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 72 increasing their positions, 52 reducing their positions, and 22 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 52
15% more capital invested
Capital invested by funds: $748M → $857M (+$109M)
14% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 22
2.3% more ownership
Funds ownership: 93.97% → 96.26% (+2.3%)
1% more funds holding
Funds holding: 170 → 172 (+2)
6% less call options, than puts
Call options by funds: $2.61M | Put options by funds: $2.77M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$17M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$16.7M |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$11.9M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$8.76M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$9.29M |
| 2 |
LCM
Lomas Capital Management
New York
|
-$7.03M |
| 3 |
Renaissance Technologies
New York
|
-$6.8M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$6.27M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$5.74M |
BCC Hedge Fund Activity: Q2 2016 in Review
172 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Boise Cascade (BCC) for Q2 2016, worth a combined $857M — up 15% from $748M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new BCC positions and 22 closed out — a net gain of 3 holders — while 72 added to existing stakes and 52 trimmed.
The largest buyer was Frontier Capital Management, adding an estimated $17M. The largest seller was Adage Capital Partners, cutting an estimated $9.29M.
- 172 institutional investors held Boise Cascade (BCC) as of Q2 2016, up from 170 in Q1 2016.
- Funds reported $857M of Boise Cascade stock for Q2 2016, up 15% quarter-over-quarter.
- 25 funds opened new Boise Cascade positions in Q2 2016 and 22 closed out, a net change of +3 holders.
- The largest Boise Cascade buyer in Q2 2016 was Frontier Capital Management, an estimated $17M added.
- The largest Boise Cascade seller in Q2 2016 was Adage Capital Partners, an estimated $9.29M sold.
Based on aggregated 13F filings for Q2 2016.