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1,119 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, 406 increasing their positions, 393 reducing their positions, and 98 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: 406 | Existing positions reduced: 393

0.07% more ownership

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

2% less funds holding

Funds holding: 1,1381,119 (-19)

5% less capital invested

Capital invested by funds: $11.9B → $11.3B (-$640M)

10% less first-time investments, than exits

New positions opened: 88 | Existing positions closed: 98

27% less funds holding in top 10

Funds holding in top 10: 2619 (-7)

Holders
1,119
Holders Change
-19
Holders Change %
-1.67%
% of All Funds
17.53%
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
406
Reduced
393
Closed
98
Calls
$1.07B
Puts
$751M
Net Calls
+$322M
Net Calls Change
+$185M

BP Hedge Fund Activity: Q2 2023 in Review

1,119 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in BP (BP) for Q2 2023, worth a combined $11.3B — down 5.4% from $11.9B a quarter earlier.

Sellers outnumbered buyers: 98 funds closed out of BP and 88 opened new positions — a net loss of 10 holders — while 393 trimmed existing stakes and 406 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.

  • 1,119 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 5.4% quarter-over-quarter.
  • 88 funds opened new BP positions in Q2 2023 and 98 closed out, a net change of -10 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.