Boise Cascade
119 hedge funds and large institutions have $952M invested in Boise Cascade in 2013 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 60 increasing their positions, 30 reducing their positions, and 16 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 30
50% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 16
42% more capital invested
Capital invested by funds: $672M → $952M (+$280M)
18.59% more ownership
Funds ownership: 63.47% → 82.06% (+19%)
7% more funds holding
Funds holding: 111 → 119 (+8)
25% less call options, than puts
Call options by funds: $949K | Put options by funds: $1.27M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$83.7M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$35.7M |
| 3 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$26.7M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$15.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SAB Capital Management
New York
|
-$26.1M |
| 2 |
CII
CR Intrinsic Investors
Stamford,
Connecticut
|
-$18.8M |
| 3 |
KCM
Kingdon Capital Management
New York
|
-$8.09M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$7.02M |
| 5 |
FIM
Foresters Investment Management
New York
|
-$5.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
126
Pentwater Capital Management
Naples,
Florida
| – | -$1.52M | -56,555 | Closed |
|
|
PG
127
PEAK6 Group
Chicago,
Illinois
| – | -$585K | -22,400 | Closed |
|
128
Arrowstreet Capital
Boston,
Massachusetts
| – | -$520K | -19,278 | Closed |
|
129
Millennium Management
New York
| – | -$295K | -10,948 | Closed |
|
|
EMG
130
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$267K | -9,900 | Closed |
|
|
HI
131
HBK Investments
Dallas,
Texas
| – | -$259K | -9,600 | Closed |
|
132
ProShare Advisors
Bethesda,
Maryland
| – | -$210K | -7,783 | Closed |
|
|
PP
133
Paloma Partners
Greenwich,
Connecticut
| – | -$208K | -7,700 | Closed |
|
|
ST
134
Spot Trading
Chicago,
Illinois
| – | -$110K | -4,086 | Closed |
|
135
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$69K | -2,549 | Closed |
|
BCC Hedge Fund Activity: Q4 2013 in Review
119 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Boise Cascade (BCC) for Q4 2013, worth a combined $952M — up 42% from $672M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new BCC positions and 16 closed out — a net gain of 8 holders — while 60 added to existing stakes and 30 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $83.7M. The largest seller was SAB Capital Management, cutting an estimated $26.1M.
- 119 institutional investors held Boise Cascade (BCC) as of Q4 2013, up from 111 in Q3 2013.
- Funds reported $952M of Boise Cascade stock for Q4 2013, up 42% quarter-over-quarter.
- 24 funds opened new Boise Cascade positions in Q4 2013 and 16 closed out, a net change of +8 holders.
- The largest Boise Cascade buyer in Q4 2013 was Fidelity Investments, an estimated $83.7M added.
- The largest Boise Cascade seller in Q4 2013 was SAB Capital Management, an estimated $26.1M sold.
Based on aggregated 13F filings for Q4 2013.