Popular Inc
BPOP
274 hedge funds and large institutions have $3.64B invested in Popular Inc in 2023 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 81 increasing their positions, 114 reducing their positions, and 68 closing their positions.
9.38% more ownership
Funds ownership: 78.76% → 88.14% (+9.4%)
4% less capital invested
Capital invested by funds: $3.8B → $3.64B (-$156M)
11% less funds holding
Funds holding: 308 → 274 (-34)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
29% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 114
32% less call options, than puts
Call options by funds: $3.37M | Put options by funds: $4.95M
44% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$190M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$110M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$51.2M |
| 4 |
GAM
Goldentree Asset Management
New York
|
+$38.7M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$36.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$67.5M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$49.9M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$31M |
| 4 |
FAM
Fred Alger Management
New York
|
-$21.7M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$19.8M |
BPOP Hedge Fund Activity: Q1 2023 in Review
274 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Popular Inc (BPOP) for Q1 2023, worth a combined $3.64B — down 4.1% from $3.8B a quarter earlier.
Sellers outnumbered buyers: 68 funds closed out of BPOP and 38 opened new positions — a net loss of 30 holders — while 114 trimmed existing stakes and 81 added.
The largest buyer was First Trust Advisors, adding an estimated $190M. The largest seller was Millennium Management, cutting an estimated $67.5M.
- 274 institutional investors held Popular Inc (BPOP) as of Q1 2023, down from 308 in Q4 2022.
- Funds reported $3.64B of Popular Inc stock for Q1 2023, down 4.1% quarter-over-quarter.
- 38 funds opened new Popular Inc positions in Q1 2023 and 68 closed out, a net change of -30 holders.
- The largest Popular Inc buyer in Q1 2023 was First Trust Advisors, an estimated $190M added.
- The largest Popular Inc seller in Q1 2023 was Millennium Management, an estimated $67.5M sold.
Based on aggregated 13F filings for Q1 2023.