BILL Holdings
BILL
422 hedge funds and large institutions have $11.5B invested in BILL Holdings in 2023 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 135 increasing their positions, 170 reducing their positions, and 58 closing their positions.
39% more call options, than puts
Call options by funds: $468M | Put options by funds: $336M
17% more funds holding in top 10
Funds holding in top 10: 12 → 14 (+2)
12% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 58
1% more funds holding
Funds holding: 418 → 422 (+4)
1.76% less ownership
Funds ownership: 101.42% → 99.66% (-1.8%)
8% less capital invested
Capital invested by funds: $12.6B → $11.5B (-$1.05B)
21% less repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 170
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$145M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$115M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$110M |
| 4 |
Morgan Stanley
New York
|
+$109M |
| 5 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$82.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
-$168M |
| 2 |
Alkeon Capital Management
New York
|
-$146M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$140M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$72.9M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$69.6M |
BILL Hedge Fund Activity: Q3 2023 in Review
422 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in BILL Holdings (BILL) for Q3 2023, worth a combined $11.5B — down 8.3% from $12.6B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new BILL positions and 58 closed out — a net gain of 7 holders — while 135 added to existing stakes and 170 trimmed.
The largest buyer was Millennium Management, adding an estimated $145M. The largest seller was WCM Investment Management, cutting an estimated $168M.
- 422 institutional investors held BILL Holdings (BILL) as of Q3 2023, up from 418 in Q2 2023.
- Funds reported $11.5B of BILL Holdings stock for Q3 2023, down 8.3% quarter-over-quarter.
- 65 funds opened new BILL Holdings positions in Q3 2023 and 58 closed out, a net change of +7 holders.
- The largest BILL Holdings buyer in Q3 2023 was Millennium Management, an estimated $145M added.
- The largest BILL Holdings seller in Q3 2023 was WCM Investment Management, an estimated $168M sold.
Based on aggregated 13F filings for Q3 2023.