BP
867 hedge funds and large institutions have $16.3B invested in BP in 2014 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 378 increasing their positions, 260 reducing their positions, and 78 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 378 | Existing positions reduced: 260
0.05% more ownership
Funds ownership: 5.43% → 5.47% (+0.05%)
4% less funds holding
Funds holding: 900 → 867 (-33)
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 → $16.3B (-$3.44B)
32% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 78
41% less funds holding in top 10
Funds holding in top 10: 39 → 23 (-16)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$342M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$198M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
+$148M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$109M |
| 5 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$107M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.06B |
| 2 |
Renaissance Technologies
New York
|
-$98.6M |
| 3 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$73.3M |
| 4 |
Jane Street
New York
|
-$71M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$58M |
BP Hedge Fund Activity: Q3 2014 in Review
867 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in BP (BP) for Q3 2014, worth a combined $16.3B — down 17% from $19.8B a quarter earlier.
Sellers outnumbered buyers: 78 funds closed out of BP and 53 opened new positions — a net loss of 25 holders — while 260 trimmed existing stakes and 378 added.
The largest buyer was Bank of America, adding an estimated $342M. The largest seller was Wellington Management Group, cutting an estimated $1.06B.
- 867 institutional investors held BP (BP) as of Q3 2014, down from 900 in Q2 2014.
- Funds reported $16.3B of BP stock for Q3 2014, down 17% quarter-over-quarter.
- 53 funds opened new BP positions in Q3 2014 and 78 closed out, a net change of -25 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.