BILL Holdings
BILL
431 hedge funds and large institutions have $11B invested in BILL Holdings in 2022 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 190 increasing their positions, 135 reducing their positions, and 113 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 135
7% more call options, than puts
Call options by funds: $286M | Put options by funds: $268M
1.28% less ownership
Funds ownership: 97.79% → 96.51% (-1.3%)
11% less funds holding
Funds holding: 486 → 431 (-55)
28% less funds holding in top 10
Funds holding in top 10: 25 → 18 (-7)
43% less first-time investments, than exits
New positions opened: 64 | Existing positions closed: 113
51% less capital invested
Capital invested by funds: $22.7B → $11B (-$11.7B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Abdiel Capital Advisors
New York
|
+$177M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$156M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$124M |
| 4 |
AM
Atreides Management
Boston,
Massachusetts
|
+$72.7M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
+$54.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$310M |
| 2 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$201M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$132M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$113M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$72M |
BILL Hedge Fund Activity: Q2 2022 in Review
431 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in BILL Holdings (BILL) for Q2 2022, worth a combined $11B — down 51% from $22.7B a quarter earlier.
Sellers outnumbered buyers: 113 funds closed out of BILL and 64 opened new positions — a net loss of 49 holders — while 135 trimmed existing stakes and 190 added.
The largest buyer was Abdiel Capital Advisors, adding an estimated $177M. The largest seller was Lone Pine Capital, exiting entirely with an estimated $310M sold.
- 431 institutional investors held BILL Holdings (BILL) as of Q2 2022, down from 486 in Q1 2022.
- Funds reported $11B of BILL Holdings stock for Q2 2022, down 51% quarter-over-quarter.
- 64 funds opened new BILL Holdings positions in Q2 2022 and 113 closed out, a net change of -49 holders.
- The largest BILL Holdings buyer in Q2 2022 was Abdiel Capital Advisors, an estimated $177M added.
- The largest BILL Holdings seller in Q2 2022 was Lone Pine Capital, an estimated $310M sold.
Based on aggregated 13F filings for Q2 2022.