Blue Bird Corp
BLBD
14 hedge funds and large institutions have $55.4M invested in Blue Bird Corp in 2015 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 18 closing their positions.
33% less capital invested
Capital invested by funds: $83.2M → $55.4M (-$27.8M)
39% less funds holding
Funds holding: 23 → 14 (-9)
50% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 18
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
+$24.8M |
| 2 |
CC
Coastland Capital
Palo Alto,
California
|
+$11.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.95M |
| 4 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$1.91M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$9.75M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$8.87M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$7.23M |
| 4 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$6.85M |
| 5 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$6.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VOAM
26
Vertex One Asset Management
Vancouver,
British Columbia, Canada
| – | -$1.96M | -200,000 | Closed |
|
|
CCA
27
Castle Creek Arbitrage
Avon,
Colorado
| – | -$1.94M | -198,400 | Closed |
|
|
WRBC
28
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$1.62M | -166,544 | Closed |
|
|
ACPU
29
Arrowgrass Capital Partners (US)
Dover,
Delaware
| – | -$1.48M | -150,000 | Closed |
|
30
Marshall Wace
London,
United Kingdom
| – | -$1.48M | -150,000 | Closed |
|
31
Millennium Management
New York
| – | -$1.48M | -150,000 | Closed |
|
|
ICM
32
Ionic Capital Management
New York
| – | -$157K | -16,000 | Closed |
|
BLBD Hedge Fund Activity: Q1 2015 in Review
14 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Blue Bird Corp (BLBD) for Q1 2015, worth a combined $55.4M — down 33% from $83.2M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of BLBD and 9 opened new positions — a net loss of 9 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Coliseum Capital Management, opening a new position worth an estimated $24.8M. The largest seller was Fir Tree Capital Management, exiting entirely with an estimated $9.75M sold.
- 14 institutional investors held Blue Bird Corp (BLBD) as of Q1 2015, down from 23 in Q4 2014.
- Funds reported $55.4M of Blue Bird Corp stock for Q1 2015, down 33% quarter-over-quarter.
- 9 funds opened new Blue Bird Corp positions in Q1 2015 and 18 closed out, a net change of -9 holders.
- The largest Blue Bird Corp buyer in Q1 2015 was Coliseum Capital Management, an estimated $24.8M added.
- The largest Blue Bird Corp seller in Q1 2015 was Fir Tree Capital Management, an estimated $9.75M sold.
Based on aggregated 13F filings for Q1 2015.