Popular Inc
BPOP
199 hedge funds and large institutions have $2.55B invested in Popular Inc in 2014 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 54 increasing their positions, 75 reducing their positions, and 26 closing their positions.
65% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 26
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
9% more capital invested
Capital invested by funds: $2.35B → $2.55B (+$200M)
8% more funds holding
Funds holding: 184 → 199 (+15)
28% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 75
74% less call options, than puts
Call options by funds: $22M | Put options by funds: $84.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Palestra Capital Management
New York
|
+$28.9M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$24.2M |
| 3 |
AGCJ
Alden Global Capital (Jersey)
St. Helier,
Jersey
|
+$19.9M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$17.5M |
| 5 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$17.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCMC
Matrix Capital Management Company
Portsmouth,
New Hampshire
|
-$28.5M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$23.2M |
| 3 |
VM
Valinor Management
New York
|
-$21.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$21.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$19.2M |
BPOP Hedge Fund Activity: Q1 2014 in Review
199 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Popular Inc (BPOP) for Q1 2014, worth a combined $2.55B — up 8.5% from $2.35B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new BPOP positions and 26 closed out — a net gain of 17 holders — while 54 added to existing stakes and 75 trimmed.
The largest buyer was Palestra Capital Management, opening a new position worth an estimated $28.9M. The largest seller was Matrix Capital Management Company, cutting an estimated $28.5M.
- 199 institutional investors held Popular Inc (BPOP) as of Q1 2014, up from 184 in Q4 2013.
- Funds reported $2.55B of Popular Inc stock for Q1 2014, up 8.5% quarter-over-quarter.
- 43 funds opened new Popular Inc positions in Q1 2014 and 26 closed out, a net change of +17 holders.
- The largest Popular Inc buyer in Q1 2014 was Palestra Capital Management, an estimated $28.9M added.
- The largest Popular Inc seller in Q1 2014 was Matrix Capital Management Company, an estimated $28.5M sold.
Based on aggregated 13F filings for Q1 2014.