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866 hedge funds and large institutions have $16.4B invested in BP in 2014 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 379 increasing their positions, 259 reducing their positions, and 78 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more repeat investments, than reductions

Existing positions increased: 379 | Existing positions reduced: 259

0.05% more ownership

Funds ownership: 5.43%5.47% (+0.05%)

4% less funds holding

Funds holding: 900866 (-34)

12% less call options, than puts

Call options by funds: $706M | Put options by funds: $803M

17% less capital invested

Capital invested by funds: $19.8B → $16.4B (-$3.46B)

33% less first-time investments, than exits

New positions opened: 52 | Existing positions closed: 78

41% less funds holding in top 10

Funds holding in top 10: 3923 (-16)

Holders
866
Holders Change
-34
Holders Change %
-3.78%
% of All Funds
25.12%
Holding in Top 10
23
Holding in Top 10 Change
-16
Holding in Top 10 Change %
-41.03%
% of All Funds
0.67%
New
52
Increased
379
Reduced
259
Closed
78
Calls
$706M
Puts
$803M
Net Calls
-$97.4M
Net Calls Change
-$359M
Name Holding Trade Value Shares
Change
Change in
Stake
Franklin Resources
1
Franklin Resources
California
$1.83B +$198M +5,010,500 +11%
State Street
2
State Street
Massachusetts
$1.37B +$40.2M +1,014,069 +3%
Barrow, Hanley, Mewhinney & Strauss
3
Barrow, Hanley, Mewhinney & Strauss
Texas
$1.3B +$34M +857,565 +2%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$767M +$25.4M +641,400 +3%
Bank of America
5
Bank of America
North Carolina
$605M +$342M +8,634,824 +105%
Pzena Investment Management
6
Pzena Investment Management
New York
$499M +$32.1M +810,612 +6%
Invesco
7
Invesco
Georgia
$463M +$45.9M +1,159,745 +10%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$379M -$1.06B -26,784,998 -72%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$349M -$9.46M -238,758 -2%
Gates Foundation Trust
10
Gates Foundation Trust
Washington
$325M +$4.37M +110,453 +1%
FTCM
11
Fir Tree Capital Management
New York
$318M +$148M +3,734,490 +73%
Acadian Asset Management
12
Acadian Asset Management
Massachusetts
$306M -$3.82M -96,508 -1%
Bank of Montreal
13
Bank of Montreal
Ontario, Canada
$293M -$3.42M -86,288 -1%
Ameriprise
14
Ameriprise
Minnesota
$265M -$58M -1,464,553 -17%
T. Rowe Price Associates
15
T. Rowe Price Associates
Maryland
$239M +$19M +479,728 +8%
MAA
16
Managed Account Advisors
New Jersey
$221M +$107M +2,698,814 +78%
Goldman Sachs
17
Goldman Sachs
New York
$198M -$19M -479,093 -8%
Morgan Stanley
18
Morgan Stanley
New York
$185M -$37.2M -939,462 -15%
Federated Hermes
19
Federated Hermes
Pennsylvania
$184M -$29.8M -751,750 -13%
Wells Fargo
20
Wells Fargo
California
$173M +$4.79M +121,055 +3%
Susquehanna International Group
21
Susquehanna International Group
Pennsylvania
$171M +$109M +2,754,064 +137%
BGIM
22
Brandywine Global Investment Management
Pennsylvania
$166M -$5.47M -138,067 -3%
Capital Research Global Investors
23
Capital Research Global Investors
California
$162M
SSM
24
Sound Shore Management
Connecticut
$162M +$20.2M +509,925 +13%
Sanders Capital
25
Sanders Capital
Florida
$153M

BP Hedge Fund Activity: Q3 2014 in Review

866 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in BP (BP) for Q3 2014, worth a combined $16.4B — down 17% from $19.8B a quarter earlier.

Sellers outnumbered buyers: 78 funds closed out of BP and 52 opened new positions — a net loss of 26 holders — while 259 trimmed existing stakes and 379 added.

The largest buyer was Bank of America, adding an estimated $342M. The largest seller was Wellington Management Group, cutting an estimated $1.06B.

  • 866 institutional investors held BP (BP) as of Q3 2014, down from 900 in Q2 2014.
  • Funds reported $16.4B of BP stock for Q3 2014, down 17% quarter-over-quarter.
  • 52 funds opened new BP positions in Q3 2014 and 78 closed out, a net change of -26 holders.
  • The largest BP buyer in Q3 2014 was Bank of America, an estimated $342M added.
  • The largest BP seller in Q3 2014 was Wellington Management Group, an estimated $1.06B sold.

Based on aggregated 13F filings for Q3 2014.