General Cable Corporation
BGC
BGC was delisted on the 5th of June, 2018.
165 hedge funds and large institutions have $949M invested in General Cable Corporation in 2017 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 55 increasing their positions, 50 reducing their positions, and 21 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
48% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 21
43% more call options, than puts
Call options by funds: $18.6M | Put options by funds: $13M
18% more capital invested
Capital invested by funds: $806M → $949M (+$142M)
10% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 50
6% more funds holding
Funds holding: 156 → 165 (+9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$27.2M |
| 2 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$15.3M |
| 3 |
YCMGA
York Capital Management Global Advisors
New York
|
+$15.2M |
| 4 |
HCM
Highbridge Capital Management
New York
|
+$14.9M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$9.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$64.6M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$10.9M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$4.65M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$4.47M |
| 5 |
RA
Royce & Associates
New York
|
-$3.85M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EGM
176
Engineers Gate Manager
New York
| – | -$454K | -27,749 | Closed |
|
177
Verition Fund Management
Greenwich,
Connecticut
| – | -$328K | -20,087 | Closed |
|
|
BCM
178
Bridgeway Capital Management
Houston,
Texas
| – | -$270K | -16,500 | Closed |
|
|
GAM
179
Gotham Asset Management
New York
| – | -$202K | -12,345 | Closed |
|
|
CEP
180
Chicago Equity Partners
Chicago,
Illinois
| – | -$196K | -12,000 | Closed |
|
|
FSCM
181
Front Street Capital Management
Missoula,
Montana
| – | -$196K | -11,975 | Closed |
|
182
Nomura Asset Management
Tokyo,
Japan
| – | -$90K | -5,500 | Closed |
|
|
PCM
183
Prelude Capital Management
New York
| – | -$86K | -5,238 | Closed |
|
|
RA
184
Rational Advisors
Huntington,
New York
| – | -$72K | -4,400 | Closed |
|
185
Creative Planning
Overland Park,
Kansas
| – | -$8K | -500 | Closed |
|
|
PHK
186
Point72 Hong Kong
Hong Kong
| – | +$358 | +20 | New |
|
BGC Hedge Fund Activity: Q3 2017 in Review
165 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in General Cable Corporation (BGC) for Q3 2017, worth a combined $949M — up 18% from $806M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new BGC positions and 21 closed out — a net gain of 10 holders — while 55 added to existing stakes and 50 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $27.2M. The largest seller was Vanguard Group, cutting an estimated $64.6M.
- 165 institutional investors held General Cable Corporation (BGC) as of Q3 2017, up from 156 in Q2 2017.
- Funds reported $949M of General Cable Corporation stock for Q3 2017, up 18% quarter-over-quarter.
- 31 funds opened new General Cable Corporation positions in Q3 2017 and 21 closed out, a net change of +10 holders.
- The largest General Cable Corporation buyer in Q3 2017 was DePrince Race & Zollo Inc (DRZ), an estimated $27.2M added.
- The largest General Cable Corporation seller in Q3 2017 was Vanguard Group, an estimated $64.6M sold.
Based on aggregated 13F filings for Q3 2017.