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1,138 hedge funds and large institutions have $11.9B invested in BP in 2023 Q1 according to their latest regulatory filings, with 139 funds opening new positions, 335 increasing their positions, 419 reducing their positions, and 87 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 139 | Existing positions closed: 87

10% more call options, than puts

Call options by funds: $1.47B | Put options by funds: $1.33B

7% more capital invested

Capital invested by funds: $11.1B → $11.9B (+$772M)

3% more funds holding

Funds holding: 1,1031,138 (+35)

0.11% more ownership

Funds ownership: 1.65%1.76% (+0.11%)

0% more funds holding in top 10

Funds holding in top 10: 2626 (0)

20% less repeat investments, than reductions

Existing positions increased: 335 | Existing positions reduced: 419

Holders
1,138
Holders Change
+35
Holders Change %
+3.17%
% of All Funds
18.14%
Holding in Top 10
26
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.41%
New
139
Increased
335
Reduced
419
Closed
87
Calls
$1.47B
Puts
$1.33B
Net Calls
+$136M
Net Calls Change
-$154M
Name Holding Trade Value Shares
Change
Change in
Stake
State Street
1
State Street
Massachusetts
$862M -$7.88M -210,987 -0.9%
Arrowstreet Capital
2
Arrowstreet Capital
Massachusetts
$857M -$112M -2,992,790 -12%
Fisher Asset Management
3
Fisher Asset Management
Washington
$644M +$15.3M +410,640 +2%
Acadian Asset Management
4
Acadian Asset Management
Massachusetts
$498M +$342M +9,142,619 +230%
Morgan Stanley
5
Morgan Stanley
New York
$480M -$6.29M -168,435 -1%
BlackRock
6
BlackRock
New York
$469M -$22M -589,096 -5%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$419M +$24M +642,185 +6%
Boston Partners
8
Boston Partners
Massachusetts
$352M +$283M +7,572,483 +453%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$347M -$620K -16,587 -0.2%
Goldman Sachs
10
Goldman Sachs
New York
$340M -$15.5M -415,659 -4%
Bank of America
11
Bank of America
North Carolina
$317M +$5.69M +152,396 +2%
Two Sigma Advisers
12
Two Sigma Advisers
New York
$267M -$2.04M -54,500 -0.8%
AS
13
Altshuler Shaham
Israel
$241M +$237M +6,349,022 New
UBS Group
14
UBS Group
Switzerland
$221M -$19.9M -533,544 -8%
Lazard Asset Management
15
Lazard Asset Management
New York
$182M -$393K -10,520 -0.2%
Franklin Resources
16
Franklin Resources
California
$177M -$45.6M -1,221,351 -21%
Two Sigma Investments
17
Two Sigma Investments
New York
$164M -$7.31M -195,667 -4%
AGA
18
Altrinsic Global Advisors
Connecticut
$159M -$2.33M -62,344 -1%
T. Rowe Price Associates
19
T. Rowe Price Associates
Maryland
$158M +$156M +4,172,216 New
Citadel Advisors
20
Citadel Advisors
Florida
$126M +$28.6M +766,381 +30%
Norges Bank
21
Norges Bank
Norway
$117M -$22.9M -613,437 -17%
Wells Fargo
22
Wells Fargo
California
$116M -$4.87M -130,401 -4%
Grantham, Mayo, Van Otterloo & Co (GMO)
23
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$113M +$7.69M +205,800 +7%
Holocene Advisors
24
Holocene Advisors
New York
$112M +$111M +2,959,209 New
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$102M -$1.42M -38,059 -1%

BP Hedge Fund Activity: Q1 2023 in Review

1,138 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in BP (BP) for Q1 2023, worth a combined $11.9B — up 6.9% from $11.1B a quarter earlier.

Buyers outnumbered sellers: 139 funds opened new BP positions and 87 closed out — a net gain of 52 holders — while 335 added to existing stakes and 419 trimmed.

The largest buyer was Acadian Asset Management, adding an estimated $342M. The largest seller was Balyasny Asset Management, cutting an estimated $152M.

  • 1,138 institutional investors held BP (BP) as of Q1 2023, up from 1,103 in Q4 2022.
  • Funds reported $11.9B of BP stock for Q1 2023, up 6.9% quarter-over-quarter.
  • 139 funds opened new BP positions in Q1 2023 and 87 closed out, a net change of +52 holders.
  • The largest BP buyer in Q1 2023 was Acadian Asset Management, an estimated $342M added.
  • The largest BP seller in Q1 2023 was Balyasny Asset Management, an estimated $152M sold.

Based on aggregated 13F filings for Q1 2023.