Broadridge
509 hedge funds and large institutions have $6.69B invested in Broadridge in 2016 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 210 increasing their positions, 154 reducing their positions, and 61 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 210 | Existing positions reduced: 154
0.24% less ownership
Funds ownership: 85.06% → 84.82% (-0.24%)
1% less capital invested
Capital invested by funds: $6.77B → $6.69B (-$73M)
4% less funds holding
Funds holding: 532 → 509 (-23)
15% less call options, than puts
Call options by funds: $8.13M | Put options by funds: $9.54M
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
25% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$59M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$30.2M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$19M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$17.4M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$17.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$38.8M |
| 2 |
Renaissance Technologies
New York
|
-$28.5M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$14.1M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$12.4M |
| 5 |
GAM
Gotham Asset Management
New York
|
-$12.4M |
BR Hedge Fund Activity: Q4 2016 in Review
509 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Broadridge (BR) for Q4 2016, worth a combined $6.69B — down 1.1% from $6.77B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of BR and 46 opened new positions — a net loss of 15 holders — while 154 trimmed existing stakes and 210 added.
The largest buyer was Janus Henderson Investors US, adding an estimated $59M. The largest seller was Fidelity Investments, cutting an estimated $38.8M.
- 509 institutional investors held Broadridge (BR) as of Q4 2016, down from 532 in Q3 2016.
- Funds reported $6.69B of Broadridge stock for Q4 2016, down 1.1% quarter-over-quarter.
- 46 funds opened new Broadridge positions in Q4 2016 and 61 closed out, a net change of -15 holders.
- The largest Broadridge buyer in Q4 2016 was Janus Henderson Investors US, an estimated $59M added.
- The largest Broadridge seller in Q4 2016 was Fidelity Investments, an estimated $38.8M sold.
Based on aggregated 13F filings for Q4 2016.