BP
779 hedge funds and large institutions have $17.4B invested in BP in 2013 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 295 increasing their positions, 262 reducing their positions, and 53 closing their positions.
36% more call options, than puts
Call options by funds: $703M | Put options by funds: $519M
15% more funds holding in top 10
Funds holding in top 10: 26 → 30 (+4)
13% more repeat investments, than reductions
Existing positions increased: 295 | Existing positions reduced: 262
2% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 53
0.09% less ownership
Funds ownership: 5.78% → 5.7% (-0.09%)
1% less funds holding
Funds holding: 785 → 779 (-6)
3% less capital invested
Capital invested by funds: $17.9B → $17.4B (-$459M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$102M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$76.4M |
| 3 |
IG
ING Group
Amsterdam,
Netherlands
|
+$70.5M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$57.4M |
| 5 |
FTCM
Fir Tree Capital Management
New York
|
+$55.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$545M |
| 2 |
TCA
Taconic Capital Advisors
New York
|
-$330M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$161M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$160M |
| 5 |
KeyBank National Association
Cleveland,
Ohio
|
-$134M |
BP Hedge Fund Activity: Q3 2013 in Review
779 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in BP (BP) for Q3 2013, worth a combined $17.4B — down 2.6% from $17.9B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new BP positions and 53 closed out — a net gain of 1 holder — while 295 added to existing stakes and 262 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $102M. The largest seller was Baupost Group, cutting an estimated $545M.
- 779 institutional investors held BP (BP) as of Q3 2013, down from 785 in Q2 2013.
- Funds reported $17.4B of BP stock for Q3 2013, down 2.6% quarter-over-quarter.
- 54 funds opened new BP positions in Q3 2013 and 53 closed out, a net change of +1 holder.
- The largest BP buyer in Q3 2013 was Goldman Sachs, an estimated $102M added.
- The largest BP seller in Q3 2013 was Baupost Group, an estimated $545M sold.
Based on aggregated 13F filings for Q3 2013.