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1,003 hedge funds and large institutions have $13.8B invested in BP in 2018 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 291 increasing their positions, 623 reducing their positions, and 72 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more first-time investments, than exits

New positions opened: 83 | Existing positions closed: 72

9% more funds holding in top 10

Funds holding in top 10: 2325 (+2)

0% more funds holding

Funds holding: 1,0021,003 (+1)

0.02% less ownership

Funds ownership: 1.96%1.93% (-0.02%)

3% less capital invested

Capital invested by funds: $14.2B → $13.8B (-$450M)

27% less call options, than puts

Call options by funds: $445M | Put options by funds: $608M

53% less repeat investments, than reductions

Existing positions increased: 291 | Existing positions reduced: 623

Holders
1,003
Holders Change
+1
Holders Change %
+0.1%
% of All Funds
22.99%
Holding in Top 10
25
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+8.7%
% of All Funds
0.57%
New
83
Increased
291
Reduced
623
Closed
72
Calls
$445M
Puts
$608M
Net Calls
-$163M
Net Calls Change
+$110M
Name Holding Trade Value Shares
Change
Change in
Stake
Barrow, Hanley, Mewhinney & Strauss
1
Barrow, Hanley, Mewhinney & Strauss
Texas
$1.32B -$136M -3,621,893 -9%
State Street
2
State Street
Massachusetts
$1.15B -$7.45M -197,835 -0.6%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$852M +$86.2M +2,288,476 +11%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$569M +$80.1M +2,126,374 +16%
Franklin Resources
5
Franklin Resources
California
$478M -$276M -7,323,619 -37%
Invesco
6
Invesco
Georgia
$415M -$37.5M -995,344 -8%
Bank of America
7
Bank of America
North Carolina
$381M +$15M +399,269 +4%
Ameriprise
8
Ameriprise
Minnesota
$348M +$73.6M +1,953,348 +27%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$346M +$310M +8,230,859 +857%
Morgan Stanley
10
Morgan Stanley
New York
$337M +$27.5M +729,646 +9%
Renaissance Technologies
11
Renaissance Technologies
New York
$298M +$59M +1,565,120 +25%
Goldman Sachs
12
Goldman Sachs
New York
$278M -$31.4M -832,361 -10%
Sanders Capital
13
Sanders Capital
Florida
$262M +$100M +2,665,234 +62%
Acadian Asset Management
14
Acadian Asset Management
Massachusetts
$251M -$14.2M -378,155 -5%
BGIM
15
Brandywine Global Investment Management
Pennsylvania
$243M -$20.1M -534,364 -8%
Pzena Investment Management
16
Pzena Investment Management
New York
$219M -$11.6M -307,241 -5%
UBS Group
17
UBS Group
Switzerland
$212M +$6.1M +161,883 +3%
SSM
18
Sound Shore Management
Connecticut
$183M +$25.1M +665,535 +16%
BlackRock
19
BlackRock
New York
$175M -$200M -5,298,415 -53%
Wells Fargo
20
Wells Fargo
California
$174M +$13.5M +359,497 +8%
Northern Trust
21
Northern Trust
Illinois
$174M +$5M +132,675 +3%
Federated Hermes
22
Federated Hermes
Pennsylvania
$173M -$11.7M -310,192 -6%
T. Rowe Price Associates
23
T. Rowe Price Associates
Maryland
$171M -$65M -1,725,229 -28%
Russell Investments Group
24
Russell Investments Group
United Kingdom
$167M -$27.9M -739,961 -14%
RJA
25
Raymond James & Associates
Florida
$153M +$11.6M +308,210 +8%

BP Hedge Fund Activity: Q1 2018 in Review

1,003 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in BP (BP) for Q1 2018, worth a combined $13.8B — down 3.2% from $14.2B a quarter earlier.

Buyers outnumbered sellers: 83 funds opened new BP positions and 72 closed out — a net gain of 11 holders — while 291 added to existing stakes and 623 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $310M. The largest seller was Franklin Resources, cutting an estimated $276M.

  • 1,003 institutional investors held BP (BP) as of Q1 2018, up from 1,002 in Q4 2017.
  • Funds reported $13.8B of BP stock for Q1 2018, down 3.2% quarter-over-quarter.
  • 83 funds opened new BP positions in Q1 2018 and 72 closed out, a net change of +11 holders.
  • The largest BP buyer in Q1 2018 was Fidelity Investments, an estimated $310M added.
  • The largest BP seller in Q1 2018 was Franklin Resources, an estimated $276M sold.

Based on aggregated 13F filings for Q1 2018.