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1,083 hedge funds and large institutions have $13.7B invested in BP in 2018 Q4 according to their latest regulatory filings, with 155 funds opening new positions, 289 increasing their positions, 636 reducing their positions, and 121 closing their positions.

New
Increased
Maintained
Reduced
Closed

41% more call options, than puts

Call options by funds: $435M | Put options by funds: $308M

28% more first-time investments, than exits

New positions opened: 155 | Existing positions closed: 121

2% more funds holding

Funds holding: 1,0611,083 (+22)

0.09% less ownership

Funds ownership: 1.95%1.87% (-0.09%)

11% less funds holding in top 10

Funds holding in top 10: 2724 (-3)

20% less capital invested

Capital invested by funds: $17.2B → $13.7B (-$3.51B)

55% less repeat investments, than reductions

Existing positions increased: 289 | Existing positions reduced: 636

Holders
1,083
Holders Change
+22
Holders Change %
+2.07%
% of All Funds
24.13%
Holding in Top 10
24
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-11.11%
% of All Funds
0.53%
New
155
Increased
289
Reduced
636
Closed
121
Calls
$435M
Puts
$308M
Net Calls
+$127M
Net Calls Change
-$426M
Name Holding Trade Value Shares
Change
Change in
Stake
State Street
1
State Street
Massachusetts
$1.07B +$3.27M +81,981 +0.3%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$986M +$184M +4,619,429 +21%
Barrow, Hanley, Mewhinney & Strauss
3
Barrow, Hanley, Mewhinney & Strauss
Texas
$881M -$69.8M -1,749,271 -7%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$645M -$123M -3,072,583 -15%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$526M -$17.3M -433,144 -3%
Goldman Sachs
6
Goldman Sachs
New York
$441M +$23.7M +593,082 +5%
Renaissance Technologies
7
Renaissance Technologies
New York
$431M -$30.4M -762,338 -6%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$403M -$46.8M -1,171,508 -10%
Bank of America
9
Bank of America
North Carolina
$394M -$90.8K -2,274 -0%
Invesco
10
Invesco
Georgia
$355M -$22.4M -560,180 -5%
Morgan Stanley
11
Morgan Stanley
New York
$312M -$8.52M -213,380 -2%
Ameriprise
12
Ameriprise
Minnesota
$305M -$37M -927,123 -10%
BlackRock
13
BlackRock
New York
$304M +$90.9M +2,275,979 +38%
Fisher Asset Management
14
Fisher Asset Management
Washington
$295M +$12.8M +321,766 +4%
Sanders Capital
15
Sanders Capital
Florida
$246M -$218K -5,467 -0.1%
Acadian Asset Management
16
Acadian Asset Management
Massachusetts
$205M -$18.9M -473,051 -8%
BGIM
17
Brandywine Global Investment Management
Pennsylvania
$202M -$10.8M -270,801 -5%
Franklin Resources
18
Franklin Resources
California
$199M -$36.7M -919,591 -15%
Wells Fargo
19
Wells Fargo
California
$179M +$10.2M +256,666 +6%
Federated Hermes
20
Federated Hermes
Pennsylvania
$168M -$1.75M -43,845 -1%
Northern Trust
21
Northern Trust
Illinois
$163M -$3.97M -99,430 -2%
RJA
22
Raymond James & Associates
Florida
$146M -$4.16M -104,107 -3%
Pzena Investment Management
23
Pzena Investment Management
New York
$132M -$74.5M -1,865,576 -34%
PPA
24
Parametric Portfolio Associates
Washington
$128M -$4.13M -103,439 -3%
Russell Investments Group
25
Russell Investments Group
United Kingdom
$127M -$11.6M -290,424 -8%

BP Hedge Fund Activity: Q4 2018 in Review

1,083 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in BP (BP) for Q4 2018, worth a combined $13.7B — down 20% from $17.2B a quarter earlier.

Buyers outnumbered sellers: 155 funds opened new BP positions and 121 closed out — a net gain of 34 holders — while 289 added to existing stakes and 636 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $184M. The largest seller was Arrowstreet Capital, cutting an estimated $564M.

  • 1,083 institutional investors held BP (BP) as of Q4 2018, up from 1,061 in Q3 2018.
  • Funds reported $13.7B of BP stock for Q4 2018, down 20% quarter-over-quarter.
  • 155 funds opened new BP positions in Q4 2018 and 121 closed out, a net change of +34 holders.
  • The largest BP buyer in Q4 2018 was Fidelity Investments, an estimated $184M added.
  • The largest BP seller in Q4 2018 was Arrowstreet Capital, an estimated $564M sold.

Based on aggregated 13F filings for Q4 2018.