BP
882 hedge funds and large institutions have $13.5B invested in BP in 2014 Q4 according to their latest regulatory filings, with 110 funds opening new positions, 243 increasing their positions, 524 reducing their positions, and 86 closing their positions.
28% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 86
19% more call options, than puts
Call options by funds: $920M | Put options by funds: $771M
2% more funds holding
Funds holding: 867 → 882 (+15)
0.29% less ownership
Funds ownership: 5.47% → 5.19% (-0.29%)
17% less capital invested
Capital invested by funds: $16.3B → $13.5B (-$2.79B)
39% less funds holding in top 10
Funds holding in top 10: 23 → 14 (-9)
54% less repeat investments, than reductions
Existing positions increased: 243 | Existing positions reduced: 524
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$157M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$104M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$50.3M |
| 4 |
ORIO
Old Republic International (ORI)
Chicago,
Illinois
|
+$47.7M |
| 5 |
Millennium Management
New York
|
+$41.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$318M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$203M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$130M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$111M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$97.6M |
BP Hedge Fund Activity: Q4 2014 in Review
882 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in BP (BP) for Q4 2014, worth a combined $13.5B — down 17% from $16.3B a quarter earlier.
Buyers outnumbered sellers: 110 funds opened new BP positions and 86 closed out — a net gain of 24 holders — while 243 added to existing stakes and 524 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $157M. The largest seller was Fir Tree Capital Management, exiting entirely with an estimated $318M sold.
- 882 institutional investors held BP (BP) as of Q4 2014, up from 867 in Q3 2014.
- Funds reported $13.5B of BP stock for Q4 2014, down 17% quarter-over-quarter.
- 110 funds opened new BP positions in Q4 2014 and 86 closed out, a net change of +24 holders.
- The largest BP buyer in Q4 2014 was Fidelity Investments, an estimated $157M added.
- The largest BP seller in Q4 2014 was Fir Tree Capital Management, an estimated $318M sold.
Based on aggregated 13F filings for Q4 2014.