Boise Cascade
145 hedge funds and large institutions have $1.08B invested in Boise Cascade in 2014 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 54 increasing their positions, 37 reducing their positions, and 15 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
180% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 15
46% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 37
22% more funds holding
Funds holding: 119 → 145 (+26)
14.07% more ownership
Funds ownership: 82.06% → 96.13% (+14%)
13% more capital invested
Capital invested by funds: $952M → $1.08B (+$128M)
30% less call options, than puts
Call options by funds: $648K | Put options by funds: $925K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$28M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$24.7M |
| 3 |
HLA
Hamilton Lane Advisors
Conshohocken,
Pennsylvania
|
+$24.4M |
| 4 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$19.6M |
| 5 |
Cohen & Steers
New York
|
+$17.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SAB Capital Management
New York
|
-$17M |
| 2 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$13.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$9.65M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$6.56M |
| 5 |
PCM
Proxima Capital Management
New York
|
-$4.89M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EA
151
Emerald Advisers
Leola,
Pennsylvania
| – | -$726K | -24,620 | Closed |
|
152
Renaissance Technologies
New York
| – | -$708K | -24,000 | Closed |
|
|
TG
153
TCW Group
Los Angeles,
California
| – | -$549K | -18,621 | Closed |
|
154
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$389K | -13,153 | Closed |
|
|
PAM
155
Panagora Asset Management
Boston,
Massachusetts
| – | -$298K | -10,099 | Closed |
|
|
MC
156
Menta Capital
San Francisco,
California
| – | -$243K | -8,233 | Closed |
|
|
JWA
157
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | -$209K | -7,104 | Closed |
|
|
PA
158
Pinnacle Associates
New York
| – | -$202K | -6,850 | Closed |
|
159
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -152 | Closed |
|
160
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$3K | -96 | Closed |
|
BCC Hedge Fund Activity: Q1 2014 in Review
145 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Boise Cascade (BCC) for Q1 2014, worth a combined $1.08B — up 13% from $952M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new BCC positions and 15 closed out — a net gain of 27 holders — while 54 added to existing stakes and 37 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $28M. The largest seller was SAB Capital Management, exiting entirely with an estimated $17M sold.
- 145 institutional investors held Boise Cascade (BCC) as of Q1 2014, up from 119 in Q4 2013.
- Funds reported $1.08B of Boise Cascade stock for Q1 2014, up 13% quarter-over-quarter.
- 42 funds opened new Boise Cascade positions in Q1 2014 and 15 closed out, a net change of +27 holders.
- The largest Boise Cascade buyer in Q1 2014 was BlackRock Fund Advisors, an estimated $28M added.
- The largest Boise Cascade seller in Q1 2014 was SAB Capital Management, an estimated $17M sold.
Based on aggregated 13F filings for Q1 2014.