General Cable Corporation
BGC
BGC was delisted on the 5th of June, 2018.
184 hedge funds and large institutions have $1.57B invested in General Cable Corporation in 2017 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 46 increasing their positions, 57 reducing their positions, and 40 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
64% more capital invested
Capital invested by funds: $955M → $1.57B (+$614M)
48% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 40
12% more funds holding
Funds holding: 165 → 184 (+19)
19% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 57
28% less call options, than puts
Call options by funds: $8.84M | Put options by funds: $12.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$62.4M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$55.7M |
| 3 |
Goldman Sachs
New York
|
+$49.7M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$36.6M |
| 5 |
JP Morgan Chase
New York
|
+$29.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$62.1M |
| 2 |
AFG
American Financial Group
Cincinnati,
Ohio
|
-$43.4M |
| 3 |
Pzena Investment Management
New York
|
-$31M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$27.5M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$22.1M |
BGC Hedge Fund Activity: Q4 2017 in Review
184 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in General Cable Corporation (BGC) for Q4 2017, worth a combined $1.57B — up 64% from $955M a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new BGC positions and 40 closed out — a net gain of 19 holders — while 46 added to existing stakes and 57 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $62.4M. The largest seller was Victory Capital Management, exiting entirely with an estimated $62.1M sold.
- 184 institutional investors held General Cable Corporation (BGC) as of Q4 2017, up from 165 in Q3 2017.
- Funds reported $1.57B of General Cable Corporation stock for Q4 2017, up 64% quarter-over-quarter.
- 59 funds opened new General Cable Corporation positions in Q4 2017 and 40 closed out, a net change of +19 holders.
- The largest General Cable Corporation buyer in Q4 2017 was Deutsche Bank, an estimated $62.4M added.
- The largest General Cable Corporation seller in Q4 2017 was Victory Capital Management, an estimated $62.1M sold.
Based on aggregated 13F filings for Q4 2017.