Brookdale Senior Living
221 hedge funds and large institutions have $2B invested in Brookdale Senior Living in 2017 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 84 increasing their positions, 63 reducing their positions, and 55 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 63
0.43% more ownership
Funds ownership: 100.71% → 101.13% (+0.43%)
12% less funds holding
Funds holding: 250 → 221 (-29)
28% less capital invested
Capital invested by funds: $2.76B → $2B (-$761M)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
47% less call options, than puts
Call options by funds: $16.5M | Put options by funds: $31M
47% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$58.3M |
| 2 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
+$50.6M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$26.3M |
| 4 |
LBIM
Land & Buildings Investment Management
Stamford,
Connecticut
|
+$22.6M |
| 5 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$17.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$60.2M |
| 2 |
KCM
Kingstown Capital Management
New York
|
-$44.1M |
| 3 |
TAM
Third Avenue Management
New York
|
-$30.4M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$28.9M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$27.8M |
BKD Hedge Fund Activity: Q3 2017 in Review
221 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Brookdale Senior Living (BKD) for Q3 2017, worth a combined $2B — down 28% from $2.76B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of BKD and 29 opened new positions — a net loss of 26 holders — while 63 trimmed existing stakes and 84 added.
The largest buyer was Bank of New York Mellon, adding an estimated $58.3M. The largest seller was BlackRock, cutting an estimated $60.2M.
- 221 institutional investors held Brookdale Senior Living (BKD) as of Q3 2017, down from 250 in Q2 2017.
- Funds reported $2B of Brookdale Senior Living stock for Q3 2017, down 28% quarter-over-quarter.
- 29 funds opened new Brookdale Senior Living positions in Q3 2017 and 55 closed out, a net change of -26 holders.
- The largest Brookdale Senior Living buyer in Q3 2017 was Bank of New York Mellon, an estimated $58.3M added.
- The largest Brookdale Senior Living seller in Q3 2017 was BlackRock, an estimated $60.2M sold.
Based on aggregated 13F filings for Q3 2017.