Popular Inc
BPOP
232 hedge funds and large institutions have $3.89B invested in Popular Inc in 2018 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 76 increasing their positions, 74 reducing their positions, and 29 closing their positions.
59% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 29
45% more call options, than puts
Call options by funds: $27.4M | Put options by funds: $18.8M
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
17% more capital invested
Capital invested by funds: $3.32B → $3.89B (+$569M)
6% more funds holding
Funds holding: 219 → 232 (+13)
3% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 74
0.2% less ownership
Funds ownership: 91.59% → 91.39% (-0.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Polaris Capital Management
Boston,
Massachusetts
|
+$39.9M |
| 2 |
TCP
Tourbillon Capital Partners
New York
|
+$34.7M |
| 3 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$33.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$23.8M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$22.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
-$63.4M |
| 2 |
State Street
Boston,
Massachusetts
|
-$46.4M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$36.6M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$22.3M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$19.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
M&T Bank
Buffalo,
New York
| – | -$266K | -7,485 | Closed |
|
|
QSS
252
Quantitative Systematic Strategies
Ponte Vedra Beach,
Florida
| – | -$247K | -6,970 | Closed |
|
|
IR
253
Invictus RG
Hamilton,
Bermuda
| – | -$228K | -6,421 | Closed |
|
254
Walleye Trading
New York
| – | -$254K | -6,194 | Closed |
|
|
DCM
255
Delpha Capital Management
New York
| – | -$42K | -1,182 | Closed |
|
|
STA
256
Summit Trail Advisors
New York
| – | -$19K | -453 | Closed |
|
|
AIL
257
AGF Investments LLC
Toronto,
Ontario, Canada
| – | -$14K | -381 | Closed |
|
|
HIM
258
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$6K | -180 | Closed |
|
|
NSB
259
Norway Savings Bank
Portland,
Maine
| – | -$4K | -119 | Closed |
|
260
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$3K | -90 | Closed |
|
|
RFC
261
Regions Financial Corp
Birmingham,
Alabama
| – | -$2K | -48 | Closed |
|
BPOP Hedge Fund Activity: Q1 2018 in Review
232 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Popular Inc (BPOP) for Q1 2018, worth a combined $3.89B — up 17% from $3.32B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new BPOP positions and 29 closed out — a net gain of 17 holders — while 76 added to existing stakes and 74 trimmed.
The largest buyer was Polaris Capital Management, adding an estimated $39.9M. The largest seller was Ninety One (UK), cutting an estimated $63.4M.
- 232 institutional investors held Popular Inc (BPOP) as of Q1 2018, up from 219 in Q4 2017.
- Funds reported $3.89B of Popular Inc stock for Q1 2018, up 17% quarter-over-quarter.
- 46 funds opened new Popular Inc positions in Q1 2018 and 29 closed out, a net change of +17 holders.
- The largest Popular Inc buyer in Q1 2018 was Polaris Capital Management, an estimated $39.9M added.
- The largest Popular Inc seller in Q1 2018 was Ninety One (UK), an estimated $63.4M sold.
Based on aggregated 13F filings for Q1 2018.