Broadridge
367 hedge funds and large institutions have $4.35B invested in Broadridge in 2014 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 124 increasing their positions, 127 reducing their positions, and 25 closing their positions.
132% more call options, than puts
Call options by funds: $7.83M | Put options by funds: $3.37M
72% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 25
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
11% more capital invested
Capital invested by funds: $3.9B → $4.35B (+$447M)
5% more funds holding
Funds holding: 351 → 367 (+16)
2% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 127
1.57% less ownership
Funds ownership: 87.45% → 85.88% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$39.7M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$19.5M |
| 3 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
+$14.1M |
| 4 |
GAM
Gotham Asset Management
New York
|
+$12M |
| 5 |
Morgan Stanley
New York
|
+$9.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$61.3M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$16.6M |
| 3 |
BlackRock
New York
|
-$12.5M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$12.3M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$9.63M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCA
376
SAC Capital Advisors
Stamford,
Connecticut
| – | -$444K | -11,945 | Closed |
|
|
SCM
377
Sterling Capital Management
Charlotte,
North Carolina
| – | -$367K | -9,885 | Closed |
|
378
Neuberger Berman Group
New York
| – | -$315K | -8,487 | Closed |
|
|
CG
379
Clinton Group
New York
| – | -$300K | -8,086 | Closed |
|
380
Stifel Financial
St. Louis,
Missouri
| – | -$300K | -8,056 | Closed |
|
|
NG
381
NatWest Group
Edinburgh, Scotland,
United Kingdom
| – | -$291K | -7,820 | Closed |
|
|
ZDA
382
Zweig-DiMenna Associates
New York
| – | -$245K | -6,600 | Closed |
|
|
PNC
383
Park National Corp
Newark,
Ohio
| – | -$200K | -5,386 | Closed |
|
|
TC
384
TradeLink Capital
Chicago,
Illinois
| – | -$195K | -5,261 | Closed |
|
385
Parallax Volatility Advisers
San Francisco,
California
| – | -$43.2K | -1,104 | Closed |
|
|
PP
386
Palladium Partners
Norfolk,
Virginia
| – | -$8K | -225 | Closed |
|
|
WA
387
WealthTrust-Arizona
Scottsdale,
Arizona
| – | -$6K | -175 | Closed |
|
|
GI
388
Gradient Investments
Arden Hills,
Minnesota
| – | -$1K | -29 | Closed |
|
BR Hedge Fund Activity: Q2 2014 in Review
367 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Broadridge (BR) for Q2 2014, worth a combined $4.35B — up 11% from $3.9B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new BR positions and 25 closed out — a net gain of 18 holders — while 124 added to existing stakes and 127 trimmed.
The largest buyer was Norges Bank, adding an estimated $39.7M. The largest seller was Artisan Partners, exiting entirely with an estimated $61.3M sold.
- 367 institutional investors held Broadridge (BR) as of Q2 2014, up from 351 in Q1 2014.
- Funds reported $4.35B of Broadridge stock for Q2 2014, up 11% quarter-over-quarter.
- 43 funds opened new Broadridge positions in Q2 2014 and 25 closed out, a net change of +18 holders.
- The largest Broadridge buyer in Q2 2014 was Norges Bank, an estimated $39.7M added.
- The largest Broadridge seller in Q2 2014 was Artisan Partners, an estimated $61.3M sold.
Based on aggregated 13F filings for Q2 2014.