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1,061 hedge funds and large institutions have $17.2B invested in BP in 2018 Q3 according to their latest regulatory filings, with 91 funds opening new positions, 298 increasing their positions, 669 reducing their positions, and 65 closing their positions.

New
Increased
Maintained
Reduced
Closed

149% more call options, than puts

Call options by funds: $923M | Put options by funds: $370M

40% more first-time investments, than exits

New positions opened: 91 | Existing positions closed: 65

5% more capital invested

Capital invested by funds: $16.4B → $17.2B (+$888M)

2% more funds holding

Funds holding: 1,0391,061 (+22)

0.05% more ownership

Funds ownership: 1.91%1.95% (+0.05%)

4% less funds holding in top 10

Funds holding in top 10: 2827 (-1)

55% less repeat investments, than reductions

Existing positions increased: 298 | Existing positions reduced: 669

Holders
1,061
Holders Change
+22
Holders Change %
+2.12%
% of All Funds
24.25%
Holding in Top 10
27
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-3.57%
% of All Funds
0.62%
New
91
Increased
298
Reduced
669
Closed
65
Calls
$923M
Puts
$370M
Net Calls
+$552M
Net Calls Change
-$145M
Name Holding Trade Value Shares
Change
Change in
Stake
State Street
1
State Street
Massachusetts
$1.28B -$11.1M -264,741 -0.9%
Barrow, Hanley, Mewhinney & Strauss
2
Barrow, Hanley, Mewhinney & Strauss
Texas
$1.13B -$251M -6,001,296 -19%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$977M +$213M +5,097,711 +30%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$908M -$41.7M -996,796 -5%
Arrowstreet Capital
5
Arrowstreet Capital
Massachusetts
$726M +$248M +5,932,981 +56%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$649M +$96.6M +2,310,281 +19%
Renaissance Technologies
7
Renaissance Technologies
New York
$550M +$120M +2,862,723 +30%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$535M -$138M -3,308,918 -21%
Goldman Sachs
9
Goldman Sachs
New York
$503M +$112M +2,686,067 +31%
Bank of America
10
Bank of America
North Carolina
$472M +$15.8M +378,958 +4%
Invesco
11
Invesco
Georgia
$449M -$11.7M -280,895 -3%
Ameriprise
12
Ameriprise
Minnesota
$429M -$20.9M -500,358 -5%
Morgan Stanley
13
Morgan Stanley
New York
$384M +$2.72M +65,056 +0.8%
Fisher Asset Management
14
Fisher Asset Management
Washington
$339M +$285M +6,823,746 +778%
Sanders Capital
15
Sanders Capital
Florida
$295M -$7.14M -170,771 -2%
Franklin Resources
16
Franklin Resources
California
$279M -$3.87M -92,500 -1%
Acadian Asset Management
17
Acadian Asset Management
Massachusetts
$266M -$15.2M -364,572 -6%
BlackRock
18
BlackRock
New York
$264M +$5.43M +129,920 +2%
BGIM
19
Brandywine Global Investment Management
Pennsylvania
$254M -$10.6M -253,937 -4%
Pzena Investment Management
20
Pzena Investment Management
New York
$240M -$4.18M -99,866 -2%
Wells Fargo
21
Wells Fargo
California
$204M +$13.1M +313,924 +7%
Federated Hermes
22
Federated Hermes
Pennsylvania
$203M +$24.8M +592,278 +15%
Northern Trust
23
Northern Trust
Illinois
$200M +$563K +13,473 +0.3%
RJA
24
Raymond James & Associates
Florida
$180M +$7.9M +188,945 +5%
Russell Investments Group
25
Russell Investments Group
United Kingdom
$165M +$9.75M +233,135 +7%

BP Hedge Fund Activity: Q3 2018 in Review

1,061 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in BP (BP) for Q3 2018, worth a combined $17.2B — up 5.4% from $16.4B a quarter earlier.

Buyers outnumbered sellers: 91 funds opened new BP positions and 65 closed out — a net gain of 26 holders — while 298 added to existing stakes and 669 trimmed.

The largest buyer was Fisher Asset Management, adding an estimated $285M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $251M.

  • 1,061 institutional investors held BP (BP) as of Q3 2018, up from 1,039 in Q2 2018.
  • Funds reported $17.2B of BP stock for Q3 2018, up 5.4% quarter-over-quarter.
  • 91 funds opened new BP positions in Q3 2018 and 65 closed out, a net change of +26 holders.
  • The largest BP buyer in Q3 2018 was Fisher Asset Management, an estimated $285M added.
  • The largest BP seller in Q3 2018 was Barrow, Hanley, Mewhinney & Strauss, an estimated $251M sold.

Based on aggregated 13F filings for Q3 2018.