Boise Cascade
120 hedge funds and large institutions have $952M invested in Boise Cascade in 2013 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 59 increasing their positions, 31 reducing their positions, and 16 closing their positions.
145% more capital inflows, than outflows
Capital inflows: $292M | Capital outflows: $119M
90% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 31
56% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 16
17% more ownership
Funds ownership: 65.06% → 82.06% (+17%)
8% more funds holding
Funds holding: 111 → 120 (+9)
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 |
Frontier Capital Management
Boston,
Massachusetts
|
+$35.7M |
| 3 |
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 |
CR Intrinsic Investors
Stamford,
Connecticut
|
-$18.8M |
| 3 |
OppenheimerFunds
New York
|
-$16.3M |
| 4 |
KCM
Kingdon Capital Management
New York
|
-$8.08M |
| 5 |
Eaton Vance Management
Boston,
Massachusetts
|
-$7.02M |
BCC Hedge Fund Activity: Q4 2013 in Review
120 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Boise Cascade (BCC) for Q4 2013, worth a combined $952M — up 38% from $689M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new BCC positions and 16 closed out — a net gain of 9 holders — while 59 added to existing stakes and 31 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $83.7M. The largest seller was SAB Capital Management, cutting an estimated $26.1M.
- 120 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 38% quarter-over-quarter.
- 25 funds opened new Boise Cascade positions in Q4 2013 and 16 closed out, a net change of +9 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.