BP
1,201 hedge funds and large institutions have $12.2B invested in BP in 2024 Q1 according to their latest regulatory filings, with 123 funds opening new positions, 406 increasing their positions, 422 reducing their positions, and 90 closing their positions.
37% more first-time investments, than exits
New positions opened: 123 | Existing positions closed: 90
6% more capital invested
Capital invested by funds: $11.5B → $12.2B (+$740M)
2% more funds holding
Funds holding: 1,183 → 1,201 (+18)
0.03% more ownership
Funds ownership: 1.89% → 1.92% (+0.03%)
4% less repeat investments, than reductions
Existing positions increased: 406 | Existing positions reduced: 422
9% less funds holding in top 10
Funds holding in top 10: 22 → 20 (-2)
11% less call options, than puts
Call options by funds: $784M | Put options by funds: $877M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$429M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$176M |
| 3 |
MIP
Mondrian Investment Partners
London,
United Kingdom
|
+$63.5M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$57.2M |
| 5 |
D.E. Shaw & Co
New York
|
+$54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$469M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$257M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$107M |
| 4 |
Optiver Holding
Amsterdam,
Netherlands
|
-$68.2M |
| 5 |
Jane Street
New York
|
-$67.7M |
BP Hedge Fund Activity: Q1 2024 in Review
1,201 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in BP (BP) for Q1 2024, worth a combined $12.2B — up 6.4% from $11.5B a quarter earlier.
Buyers outnumbered sellers: 123 funds opened new BP positions and 90 closed out — a net gain of 33 holders — while 406 added to existing stakes and 422 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $429M. The largest seller was Acadian Asset Management, cutting an estimated $469M.
- 1,201 institutional investors held BP (BP) as of Q1 2024, up from 1,183 in Q4 2023.
- Funds reported $12.2B of BP stock for Q1 2024, up 6.4% quarter-over-quarter.
- 123 funds opened new BP positions in Q1 2024 and 90 closed out, a net change of +33 holders.
- The largest BP buyer in Q1 2024 was Morgan Stanley, an estimated $429M added.
- The largest BP seller in Q1 2024 was Acadian Asset Management, an estimated $469M sold.
Based on aggregated 13F filings for Q1 2024.