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 16 closing their positions.
500% more funds holding in top 10
Funds holding in top 10: 1 → 6 (+5)
163% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 16
46% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 37
21% more funds holding
Funds holding: 120 → 145 (+25)
14.07% more ownership
Funds ownership: 82.06% → 96.13% (+14%)
14% more capital invested
Capital invested by funds: $952M → $1.08B (+$131M)
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 |
BCC Hedge Fund Activity: Q1 2014 in Review
145 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Boise Cascade (BCC) for Q1 2014, worth a combined $1.08B — up 14% from $952M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new BCC positions and 16 closed out — a net gain of 26 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 120 in Q4 2013.
- Funds reported $1.08B of Boise Cascade stock for Q1 2014, up 14% quarter-over-quarter.
- 42 funds opened new Boise Cascade positions in Q1 2014 and 16 closed out, a net change of +26 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.