BP
850 hedge funds and large institutions have $12.7B invested in BP in 2016 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 305 increasing their positions, 318 reducing their positions, and 52 closing their positions.
12% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 52
0.48% less ownership
Funds ownership: 5.26% → 4.77% (-0.48%)
1% less funds holding
Funds holding: 855 → 850 (-5)
2% less call options, than puts
Call options by funds: $448M | Put options by funds: $456M
4% less repeat investments, than reductions
Existing positions increased: 305 | Existing positions reduced: 318
7% less capital invested
Capital invested by funds: $13.6B → $12.7B (-$896M)
27% less funds holding in top 10
Funds holding in top 10: 26 → 19 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RFS
Rockefeller Financial Services
New York
|
+$54.3M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$36.8M |
| 3 |
SSM
Sound Shore Management
Greenwich,
Connecticut
|
+$30.7M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$28.1M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$26.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$212M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$128M |
| 3 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$88.8M |
| 4 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
-$71M |
| 5 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$58.4M |
BP Hedge Fund Activity: Q3 2016 in Review
850 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in BP (BP) for Q3 2016, worth a combined $12.7B — down 6.6% from $13.6B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new BP positions and 52 closed out — a net gain of 6 holders — while 305 added to existing stakes and 318 trimmed.
The largest buyer was Rockefeller Financial Services, adding an estimated $54.3M. The largest seller was Arrowstreet Capital, cutting an estimated $212M.
- 850 institutional investors held BP (BP) as of Q3 2016, down from 855 in Q2 2016.
- Funds reported $12.7B of BP stock for Q3 2016, down 6.6% quarter-over-quarter.
- 58 funds opened new BP positions in Q3 2016 and 52 closed out, a net change of +6 holders.
- The largest BP buyer in Q3 2016 was Rockefeller Financial Services, an estimated $54.3M added.
- The largest BP seller in Q3 2016 was Arrowstreet Capital, an estimated $212M sold.
Based on aggregated 13F filings for Q3 2016.