BP
806 hedge funds and large institutions have $10.2B invested in BP in 2015 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 272 increasing their positions, 323 reducing their positions, and 102 closing their positions.
1% more call options, than puts
Call options by funds: $392M | Put options by funds: $388M
0.26% less ownership
Funds ownership: 5.02% → 4.76% (-0.26%)
6% less funds holding
Funds holding: 861 → 806 (-55)
16% less repeat investments, than reductions
Existing positions increased: 272 | Existing positions reduced: 323
27% less capital invested
Capital invested by funds: $14B → $10.2B (-$3.81B)
46% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 102
57% less funds holding in top 10
Funds holding in top 10: 23 → 10 (-13)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$133M |
| 2 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$112M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$73.7M |
| 4 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$57.6M |
| 5 |
State Street
Boston,
Massachusetts
|
+$53.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$253M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$182M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$87.1M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$82.7M |
| 5 |
SM
Seminole Management
New York
|
-$59M |
BP Hedge Fund Activity: Q3 2015 in Review
806 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in BP (BP) for Q3 2015, worth a combined $10.2B — down 27% from $14B a quarter earlier.
Sellers outnumbered buyers: 102 funds closed out of BP and 55 opened new positions — a net loss of 47 holders — while 323 trimmed existing stakes and 272 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $133M. The largest seller was Franklin Resources, cutting an estimated $253M.
- 806 institutional investors held BP (BP) as of Q3 2015, down from 861 in Q2 2015.
- Funds reported $10.2B of BP stock for Q3 2015, down 27% quarter-over-quarter.
- 55 funds opened new BP positions in Q3 2015 and 102 closed out, a net change of -47 holders.
- The largest BP buyer in Q3 2015 was Millennium Management, an estimated $133M added.
- The largest BP seller in Q3 2015 was Franklin Resources, an estimated $253M sold.
Based on aggregated 13F filings for Q3 2015.