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1,182 hedge funds and large institutions have $12B invested in BP in 2023 Q4 according to their latest regulatory filings, with 161 funds opening new positions, 382 increasing their positions, 432 reducing their positions, and 93 closing their positions.

New
Increased
Maintained
Reduced
Closed

73% more first-time investments, than exits

New positions opened: 161 | Existing positions closed: 93

4% more funds holding

Funds holding: 1,1361,182 (+46)

2% more call options, than puts

Call options by funds: $982M | Put options by funds: $959M

0.06% more ownership

Funds ownership: 1.91%1.97% (+0.06%)

6% less capital invested

Capital invested by funds: $12.7B → $12B (-$700M)

12% less repeat investments, than reductions

Existing positions increased: 382 | Existing positions reduced: 432

19% less funds holding in top 10

Funds holding in top 10: 2722 (-5)

Holders
1,182
Holders Change
+46
Holders Change %
+4.05%
% of All Funds
17.23%
Holding in Top 10
22
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-18.52%
% of All Funds
0.32%
New
161
Increased
382
Reduced
432
Closed
93
Calls
$982M
Puts
$959M
Net Calls
+$22.6M
Net Calls Change
-$141M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$961M +$481M +13,133,467 +94%
State Street
2
State Street
Massachusetts
$780M +$21.2M +578,226 +3%
Fisher Asset Management
3
Fisher Asset Management
Washington
$679M +$29.3M +799,006 +4%
Arrowstreet Capital
4
Arrowstreet Capital
Massachusetts
$653M -$105M -2,853,928 -13%
Acadian Asset Management
5
Acadian Asset Management
Massachusetts
$614M +$22.3M +610,180 +4%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$431M +$3.22M +87,881 +0.7%
BlackRock
7
BlackRock
New York
$396M -$12.8M -348,653 -3%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$373M -$18.6M -508,172 -5%
Boston Partners
9
Boston Partners
Massachusetts
$323M -$29.4M -801,571 -8%
Goldman Sachs
10
Goldman Sachs
New York
$320M -$7.34M -200,507 -2%
Bank of America
11
Bank of America
North Carolina
$315M +$162K +4,432 +0%
Millennium Management
12
Millennium Management
New York
$270M +$170M +4,636,682 +155%
T. Rowe Price Associates
13
T. Rowe Price Associates
Maryland
$217M -$44.7M -1,221,043 -17%
Point72 Asset Management
14
Point72 Asset Management
Connecticut
$187M -$38.7M -1,056,744 -17%
BNP Paribas Financial Markets
15
BNP Paribas Financial Markets
France
$173M +$732K +19,999 +0.4%
Citadel Advisors
16
Citadel Advisors
Florida
$156M -$127M -3,459,626 -44%
MIP
17
Mondrian Investment Partners
United Kingdom
$146M +$80.4M +2,196,369 +114%
Bank of Montreal
18
Bank of Montreal
Ontario, Canada
$141M +$64.9M +1,773,363 +81%
AGA
19
Altrinsic Global Advisors
Connecticut
$135M -$6.32M -172,583 -4%
Lazard Asset Management
20
Lazard Asset Management
New York
$127M +$10.7M +292,588 +9%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$121M +$18.2M +495,699 +17%
HSBC Holdings
22
HSBC Holdings
United Kingdom
$117M +$90.7M +2,476,255 +296%
Capital International Investors
23
Capital International Investors
California
$116M +$21.5M +588,029 +22%
Wells Fargo
24
Wells Fargo
California
$111M +$1.01M +27,602 +0.9%
Optiver Holding
25
Optiver Holding
Netherlands
$95.1M +$98.4M +2,686,164 New

BP Hedge Fund Activity: Q4 2023 in Review

1,182 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in BP (BP) for Q4 2023, worth a combined $12B — down 5.5% from $12.7B a quarter earlier.

Buyers outnumbered sellers: 161 funds opened new BP positions and 93 closed out — a net gain of 68 holders — while 382 added to existing stakes and 432 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $481M. The largest seller was Citadel Advisors, cutting an estimated $127M.

  • 1,182 institutional investors held BP (BP) as of Q4 2023, up from 1,136 in Q3 2023.
  • Funds reported $12B of BP stock for Q4 2023, down 5.5% quarter-over-quarter.
  • 161 funds opened new BP positions in Q4 2023 and 93 closed out, a net change of +68 holders.
  • The largest BP buyer in Q4 2023 was Morgan Stanley, an estimated $481M added.
  • The largest BP seller in Q4 2023 was Citadel Advisors, an estimated $127M sold.

Based on aggregated 13F filings for Q4 2023.