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1,120 hedge funds and large institutions have $11.3B invested in BP in 2023 Q2 according to their latest regulatory filings, with 88 funds opening new positions, 407 increasing their positions, 394 reducing their positions, and 97 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more call options, than puts

Call options by funds: $1.07B | Put options by funds: $751M

3% more repeat investments, than reductions

Existing positions increased: 407 | Existing positions reduced: 394

0.07% more ownership

Funds ownership: 1.76%1.83% (+0.07%)

9% less first-time investments, than exits

New positions opened: 88 | Existing positions closed: 97

2% less funds holding

Funds holding: 1,1381,120 (-18)

5% less capital invested

Capital invested by funds: $11.9B → $11.3B (-$618M)

27% less funds holding in top 10

Funds holding in top 10: 2619 (-7)

Holders
1,120
Holders Change
-18
Holders Change %
-1.58%
% of All Funds
17.59%
Holding in Top 10
19
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-26.92%
% of All Funds
0.3%
New
88
Increased
407
Reduced
394
Closed
97
Calls
$1.07B
Puts
$751M
Net Calls
+$322M
Net Calls Change
+$185M
Name Holding Trade Value Shares
Change
Change in
Stake
State Street
1
State Street
Massachusetts
$797M -$4.96M -133,889 -0.6%
Arrowstreet Capital
2
Arrowstreet Capital
Massachusetts
$756M -$43.5M -1,176,405 -5%
Fisher Asset Management
3
Fisher Asset Management
Washington
$622M +$24.1M +652,501 +4%
Morgan Stanley
4
Morgan Stanley
New York
$444M -$2.57M -69,517 -0.6%
Acadian Asset Management
5
Acadian Asset Management
Massachusetts
$440M -$23.9M -645,139 -5%
BlackRock
6
BlackRock
New York
$436M -$277K -7,490 -0.1%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$407M +$18.7M +504,248 +5%
Boston Partners
8
Boston Partners
Massachusetts
$361M +$35.3M +953,856 +10%
Bank of America
9
Bank of America
North Carolina
$320M +$26.3M +709,600 +8%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$312M -$11.3M -304,825 -3%
Goldman Sachs
11
Goldman Sachs
New York
$277M -$41M -1,107,983 -12%
Lazard Asset Management
12
Lazard Asset Management
New York
$245M +$79.4M +2,144,574 +45%
AS
13
Altshuler Shaham
Israel
$226M +$1.66M +44,794 +0.7%
PFCS
14
Pale Fire Capital SE
Czech Republic
$223M +$234M +6,319,495 New
Two Sigma Advisers
15
Two Sigma Advisers
New York
$207M -$43.3M -1,170,900 -17%
Franklin Resources
16
Franklin Resources
California
$179M +$14.6M +394,116 +8%
Citadel Advisors
17
Citadel Advisors
Florida
$173M +$58.3M +1,575,317 +47%
T. Rowe Price Associates
18
T. Rowe Price Associates
Maryland
$169M +$23M +622,388 +15%
Citigroup
19
Citigroup
New York
$160M +$129M +3,481,758 +333%
AGA
20
Altrinsic Global Advisors
Connecticut
$145M -$2.47M -66,849 -2%
Point72 Asset Management
21
Point72 Asset Management
Connecticut
$124M +$68.4M +1,849,291 +111%
Wells Fargo
22
Wells Fargo
California
$115M +$7.11M +192,122 +6%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$103M +$8.63M +233,136 +9%
Capital International Investors
24
Capital International Investors
California
$91.5M +$77.6M +2,096,072 +402%
Renaissance Technologies
25
Renaissance Technologies
New York
$90.9M +$95.3M +2,575,782 New

BP Hedge Fund Activity: Q2 2023 in Review

1,120 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in BP (BP) for Q2 2023, worth a combined $11.3B — down 5.2% from $11.9B a quarter earlier.

Sellers outnumbered buyers: 97 funds closed out of BP and 88 opened new positions — a net loss of 9 holders — while 394 trimmed existing stakes and 407 added.

The largest buyer was Pale Fire Capital SE, opening a new position worth an estimated $234M. The largest seller was UBS Group, cutting an estimated $161M.

  • 1,120 institutional investors held BP (BP) as of Q2 2023, down from 1,138 in Q1 2023.
  • Funds reported $11.3B of BP stock for Q2 2023, down 5.2% quarter-over-quarter.
  • 88 funds opened new BP positions in Q2 2023 and 97 closed out, a net change of -9 holders.
  • The largest BP buyer in Q2 2023 was Pale Fire Capital SE, an estimated $234M added.
  • The largest BP seller in Q2 2023 was UBS Group, an estimated $161M sold.

Based on aggregated 13F filings for Q2 2023.