General Cable Corporation
BGC
BGC was delisted on the 5th of June, 2018.
177 hedge funds and large institutions have $673M invested in General Cable Corporation in 2014 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 71 increasing their positions, 60 reducing their positions, and 33 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 60
3% less funds holding
Funds holding: 182 → 177 (-5)
12% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 33
44% less capital invested
Capital invested by funds: $1.2B → $673M (-$523M)
50% less call options, than puts
Call options by funds: $11M | Put options by funds: $21.8M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Atlantic Investment Management
New York
|
+$17.5M |
| 2 |
Pzena Investment Management
New York
|
+$16.2M |
| 3 |
AFG
American Financial Group
Cincinnati,
Ohio
|
+$14.6M |
| 4 |
O
OppenheimerFunds
New York
|
+$10.6M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$9.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$43.5M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$21.2M |
| 3 |
HAM
HHR Asset Management
Berkeley Heights,
New Jersey
|
-$19.3M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$18.4M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$18.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
201
Horizon Investments
Charlotte,
North Carolina
| – | -$217K | -8,449 | Closed |
|
|
FFS
202
Founders Financial Securities
Towson,
Maryland
| – | -$216K | -8,415 | Closed |
|
|
BA
203
Bridgewater Associates
Westport,
Connecticut
| – | -$203K | -7,900 | Closed |
|
204
Parallax Volatility Advisers
San Francisco,
California
| – | -$160K | -7,296 | Closed |
|
|
MIC
205
MU Investments Company
Tokyo,
Japan
| – | -$159K | -6,260 | Closed |
|
|
CCM
206
Cutler Capital Management
Worcester,
Massachusetts
| – | -$134K | -5,218 | Closed |
|
207
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$31K | -1,198 | Closed |
|
|
SSB
208
Sandy Spring Bank
Olney,
Maryland
| – | -$10K | -402 | Closed |
|
209
Bessemer Group
Woodbridge,
New Jersey
| – | -$6K | -250 | Closed |
|
BGC Hedge Fund Activity: Q3 2014 in Review
177 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in General Cable Corporation (BGC) for Q3 2014, worth a combined $673M — down 44% from $1.2B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of BGC and 29 opened new positions — a net loss of 4 holders — while 60 trimmed existing stakes and 71 added.
The largest buyer was Atlantic Investment Management, adding an estimated $17.5M. The largest seller was Fidelity Investments, cutting an estimated $43.5M.
- 177 institutional investors held General Cable Corporation (BGC) as of Q3 2014, down from 182 in Q2 2014.
- Funds reported $673M of General Cable Corporation stock for Q3 2014, down 44% quarter-over-quarter.
- 29 funds opened new General Cable Corporation positions in Q3 2014 and 33 closed out, a net change of -4 holders.
- The largest General Cable Corporation buyer in Q3 2014 was Atlantic Investment Management, an estimated $17.5M added.
- The largest General Cable Corporation seller in Q3 2014 was Fidelity Investments, an estimated $43.5M sold.
Based on aggregated 13F filings for Q3 2014.