BILL Holdings
BILL
404 hedge funds and large institutions have $8.6B invested in BILL Holdings in 2023 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 176 increasing their positions, 121 reducing their positions, and 130 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 121
0.33% more ownership
Funds ownership: 99.46% → 99.79% (+0.33%)
16% less funds holding
Funds holding: 481 → 404 (-77)
18% less call options, than puts
Call options by funds: $348M | Put options by funds: $422M
25% less capital invested
Capital invested by funds: $11.4B → $8.6B (-$2.82B)
47% less funds holding in top 10
Funds holding in top 10: 17 → 9 (-8)
53% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 130
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$274M |
| 2 |
SCA
Southpoint Capital Advisors
New York
|
+$241M |
| 3 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$169M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$163M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
+$88.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$296M |
| 2 |
BlackRock
New York
|
-$218M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$168M |
| 4 |
Goldman Sachs
New York
|
-$124M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$110M |
BILL Hedge Fund Activity: Q1 2023 in Review
404 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in BILL Holdings (BILL) for Q1 2023, worth a combined $8.6B — down 25% from $11.4B a quarter earlier.
Sellers outnumbered buyers: 130 funds closed out of BILL and 61 opened new positions — a net loss of 69 holders — while 121 trimmed existing stakes and 176 added.
The largest buyer was Morgan Stanley, adding an estimated $274M. The largest seller was Capital International Investors, cutting an estimated $296M.
- 404 institutional investors held BILL Holdings (BILL) as of Q1 2023, down from 481 in Q4 2022.
- Funds reported $8.6B of BILL Holdings stock for Q1 2023, down 25% quarter-over-quarter.
- 61 funds opened new BILL Holdings positions in Q1 2023 and 130 closed out, a net change of -69 holders.
- The largest BILL Holdings buyer in Q1 2023 was Morgan Stanley, an estimated $274M added.
- The largest BILL Holdings seller in Q1 2023 was Capital International Investors, an estimated $296M sold.
Based on aggregated 13F filings for Q1 2023.