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1,182 hedge funds and large institutions have $12B invested in BP in 2023 Q4 according to their latest regulatory filings, with 161 funds opening new positions, 382 increasing their positions, 432 reducing their positions, and 93 closing their positions.

New
Increased
Maintained
Reduced
Closed

73% more first-time investments, than exits

New positions opened: 161 | Existing positions closed: 93

4% more funds holding

Funds holding: 1,1361,182 (+46)

2% more call options, than puts

Call options by funds: $982M | Put options by funds: $959M

0.06% more ownership

Funds ownership: 1.91%1.97% (+0.06%)

6% less capital invested

Capital invested by funds: $12.7B → $12B (-$700M)

12% less repeat investments, than reductions

Existing positions increased: 382 | Existing positions reduced: 432

19% less funds holding in top 10

Funds holding in top 10: 2722 (-5)

Holders
1,182
Holders Change
+46
Holders Change %
+4.05%
% of All Funds
17.23%
Holding in Top 10
22
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-18.52%
% of All Funds
0.32%
New
161
Increased
382
Reduced
432
Closed
93
Calls
$982M
Puts
$959M
Net Calls
+$22.6M
Net Calls Change
-$141M
Name Holding Trade Value Shares
Change
Change in
Stake
TAM
151
Tocqueville Asset Management
New York
$5.82M -$850K -23,220 -12%
LCM
152
Logan Capital Management
Pennsylvania
$5.79M +$97.2K +2,655 +2%
TI
153
Trexquant Investment
Connecticut
$5.77M +$5.96M +162,854 New
Barclays
154
Barclays
United Kingdom
$5.76M -$186K -5,069 -3%
PHAM
155
Pacific Heights Asset Management
California
$5.66M +$549K +15,000 +10%
QCM
156
QRG Capital Management
Illinois
$5.47M +$487K +13,298 +9%
CGH
157
Crossmark Global Holdings
Texas
$5.42M -$49.3K -1,346 -0.9%
MML Investors Services
158
MML Investors Services
Massachusetts
$5.25M +$233K +6,362 +4%
MFIM
159
Mesirow Financial Investment Management
Illinois
$5.24M +$5.42M +148,012 New
VBFG
160
Vishria Bird Financial Group
Tennessee
$5.2M -$93.5K -2,553 -2%
BFG
161
Bleakley Financial Group
New Jersey
$5.07M -$150K -4,100 -3%
CAN
162
Cetera Advisor Networks
California
$5.07M +$43.9K +1,198 +0.8%
AG
163
Advocate Group
Minnesota
$5.07M +$29.8K +814 +0.6%
SS
164
Simplicity Solutions
Minnesota
$5.06M -$162K -4,423 -3%
BF
165
BOK Financial
Oklahoma
$5.02M -$100K -2,743 -2%
ACG
166
Aventail Capital Group
New York
$4.97M +$3.12M +85,099 +154%
William Blair & Company
167
William Blair & Company
Illinois
$4.94M +$1.1M +30,078 +27%
Neuberger Berman Group
168
Neuberger Berman Group
New York
$4.93M +$1.39M +38,050 +38%
RFC
169
Regions Financial Corp
Alabama
$4.84M +$242K +6,619 +5%
Squarepoint
170
Squarepoint
New York
$4.82M +$4.99M +136,251 New
CL
171
CSS LLC
Illinois
$4.79M -$769K -21,000 -13%
National Bank of Canada
172
National Bank of Canada
Quebec, Canada
$4.78M -$101M -2,768,087 -95%
HAI
173
Hennessy Advisors Inc
California
$4.64M -$278K -7,600 -5%
VCP
174
Verus Capital Partners
Arizona
$4.64M -$62K -1,693 -1%
LCM
175
Lazari Capital Management
California
$4.59M +$806 +22 +0%

BP Hedge Fund Activity: Q4 2023 in Review

1,182 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in BP (BP) for Q4 2023, worth a combined $12B — down 5.5% from $12.7B a quarter earlier.

Buyers outnumbered sellers: 161 funds opened new BP positions and 93 closed out — a net gain of 68 holders — while 382 added to existing stakes and 432 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $481M. The largest seller was Citadel Advisors, cutting an estimated $127M.

  • 1,182 institutional investors held BP (BP) as of Q4 2023, up from 1,136 in Q3 2023.
  • Funds reported $12B of BP stock for Q4 2023, down 5.5% quarter-over-quarter.
  • 161 funds opened new BP positions in Q4 2023 and 93 closed out, a net change of +68 holders.
  • The largest BP buyer in Q4 2023 was Morgan Stanley, an estimated $481M added.
  • The largest BP seller in Q4 2023 was Citadel Advisors, an estimated $127M sold.

Based on aggregated 13F filings for Q4 2023.