Popular Inc
BPOP
306 hedge funds and large institutions have $5.5B invested in Popular Inc in 2024 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 94 increasing their positions, 113 reducing their positions, and 26 closing their positions.
249% more call options, than puts
Call options by funds: $5.69M | Put options by funds: $1.63M
88% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 26
7% more funds holding
Funds holding: 285 → 306 (+21)
6% more capital invested
Capital invested by funds: $5.18B → $5.5B (+$321M)
0.98% less ownership
Funds ownership: 87.38% → 86.4% (-0.98%)
17% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 113
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$46M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$43.3M |
| 3 |
Millennium Management
New York
|
+$36.2M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$32.2M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$30.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$189M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$52.8M |
| 3 |
PCM
Polaris Capital Management
Boston,
Massachusetts
|
-$19.3M |
| 4 |
RIP
Rhino Investment Partners
West Conshohocken,
Pennsylvania
|
-$18M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$17.2M |
BPOP Hedge Fund Activity: Q1 2024 in Review
306 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Popular Inc (BPOP) for Q1 2024, worth a combined $5.5B — up 6.2% from $5.18B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new BPOP positions and 26 closed out — a net gain of 23 holders — while 94 added to existing stakes and 113 trimmed.
The largest buyer was Massachusetts Financial Services, opening a new position worth an estimated $46M. The largest seller was First Trust Advisors, cutting an estimated $189M.
- 306 institutional investors held Popular Inc (BPOP) as of Q1 2024, up from 285 in Q4 2023.
- Funds reported $5.5B of Popular Inc stock for Q1 2024, up 6.2% quarter-over-quarter.
- 49 funds opened new Popular Inc positions in Q1 2024 and 26 closed out, a net change of +23 holders.
- The largest Popular Inc buyer in Q1 2024 was Massachusetts Financial Services, an estimated $46M added.
- The largest Popular Inc seller in Q1 2024 was First Trust Advisors, an estimated $189M sold.
Based on aggregated 13F filings for Q1 2024.