BILL Holdings
BILL
411 hedge funds and large institutions have $8.37B invested in BILL Holdings in 2023 Q4 according to their latest regulatory filings, with 91 funds opening new positions, 143 increasing their positions, 138 reducing their positions, and 100 closing their positions.
80% more call options, than puts
Call options by funds: $430M | Put options by funds: $238M
4% more repeat investments, than reductions
Existing positions increased: 143 | Existing positions reduced: 138
9% less first-time investments, than exits
New positions opened: 91 | Existing positions closed: 100
3% less funds holding
Funds holding: 423 → 411 (-12)
3.05% less ownership
Funds ownership: 99.66% → 96.61% (-3%)
27% less capital invested
Capital invested by funds: $11.5B → $8.37B (-$3.16B)
50% less funds holding in top 10
Funds holding in top 10: 14 → 7 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
+$164M |
| 2 |
AM
Atreides Management
Boston,
Massachusetts
|
+$73.8M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$55.6M |
| 4 |
CAM
Contour Asset Management
New York
|
+$49.8M |
| 5 |
JP Morgan Chase
New York
|
+$45.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$276M |
| 2 |
SCA
Southpoint Capital Advisors
New York
|
-$151M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$140M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$125M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$75.3M |
BILL Hedge Fund Activity: Q4 2023 in Review
411 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in BILL Holdings (BILL) for Q4 2023, worth a combined $8.37B — down 27% from $11.5B a quarter earlier.
Sellers outnumbered buyers: 100 funds closed out of BILL and 91 opened new positions — a net loss of 9 holders — while 138 trimmed existing stakes and 143 added.
The largest buyer was Coatue Management, opening a new position worth an estimated $164M. The largest seller was Lone Pine Capital, exiting entirely with an estimated $276M sold.
- 411 institutional investors held BILL Holdings (BILL) as of Q4 2023, down from 423 in Q3 2023.
- Funds reported $8.37B of BILL Holdings stock for Q4 2023, down 27% quarter-over-quarter.
- 91 funds opened new BILL Holdings positions in Q4 2023 and 100 closed out, a net change of -9 holders.
- The largest BILL Holdings buyer in Q4 2023 was Coatue Management, an estimated $164M added.
- The largest BILL Holdings seller in Q4 2023 was Lone Pine Capital, an estimated $276M sold.
Based on aggregated 13F filings for Q4 2023.