General Cable Corporation
BGC
BGC was delisted on the 5th of June, 2018.
167 hedge funds and large institutions have $1.66B invested in General Cable Corporation in 2018 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 61 increasing their positions, 56 reducing their positions, and 33 closing their positions.
6% more capital invested
Capital invested by funds: $1.57B → $1.66B (+$89.3M)
9% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 56
7% less call options, than puts
Call options by funds: $5.74M | Put options by funds: $6.18M
9% less funds holding
Funds holding: 184 → 167 (-17)
48% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 33
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$126M |
| 2 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$58.3M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$29.3M |
| 4 |
Goldman Sachs
New York
|
+$19.9M |
| 5 |
SAM
Sandell Asset Management
New York
|
+$17.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$59.5M |
| 2 |
TC
Towle & Co
Denver,
Colorado
|
-$40.7M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$33.8M |
| 4 |
MWNA
Marshall Wace North America
New York
|
-$28.8M |
| 5 |
RA
Royce & Associates
New York
|
-$22.7M |
BGC Hedge Fund Activity: Q1 2018 in Review
167 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in General Cable Corporation (BGC) for Q1 2018, worth a combined $1.66B — up 5.7% from $1.57B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of BGC and 17 opened new positions — a net loss of 16 holders — while 56 trimmed existing stakes and 61 added.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $126M. The largest seller was Deutsche Bank, cutting an estimated $59.5M.
- 167 institutional investors held General Cable Corporation (BGC) as of Q1 2018, down from 184 in Q4 2017.
- Funds reported $1.66B of General Cable Corporation stock for Q1 2018, up 5.7% quarter-over-quarter.
- 17 funds opened new General Cable Corporation positions in Q1 2018 and 33 closed out, a net change of -16 holders.
- The largest General Cable Corporation buyer in Q1 2018 was Fidelity Investments, an estimated $126M added.
- The largest General Cable Corporation seller in Q1 2018 was Deutsche Bank, an estimated $59.5M sold.
Based on aggregated 13F filings for Q1 2018.