Broadridge
534 hedge funds and large institutions have $6.82B invested in Broadridge in 2016 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 169 increasing their positions, 201 reducing their positions, and 29 closing their positions.
114% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 29
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
6% more funds holding
Funds holding: 506 → 534 (+28)
3.41% less ownership
Funds ownership: 88.48% → 85.07% (-3.4%)
16% less repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 201
37% less capital inflows, than outflows
Capital inflows: $448M | Capital outflows: $709M
76% less call options, than puts
Call options by funds: $2.88M | Put options by funds: $11.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$30M |
| 2 |
Renaissance Technologies
New York
|
+$28.7M |
| 3 |
AMI Asset Management
Los Angeles,
California
|
+$24.9M |
| 4 |
Sawgrass Asset Management
Ponte Vedra Beach,
Florida
|
+$22M |
| 5 |
State Street
Boston,
Massachusetts
|
+$19.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$142M |
| 2 |
RCM
Riverhead Capital Management
Wilmington,
Delaware
|
-$54.1M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$41.4M |
| 4 |
Analytic Investors
Los Angeles,
California
|
-$39.1M |
| 5 |
Vaughan Nelson Investment Management
Houston,
Texas
|
-$38.6M |
BR Hedge Fund Activity: Q3 2016 in Review
534 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Broadridge (BR) for Q3 2016, worth a combined $6.82B — up 0.64% from $6.77B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new BR positions and 29 closed out — a net gain of 33 holders — while 169 added to existing stakes and 201 trimmed.
The largest buyer was Invesco, adding an estimated $30M. The largest seller was Wells Fargo, cutting an estimated $142M.
- 534 institutional investors held Broadridge (BR) as of Q3 2016, up from 506 in Q2 2016.
- Funds reported $6.82B of Broadridge stock for Q3 2016, up 0.64% quarter-over-quarter.
- 62 funds opened new Broadridge positions in Q3 2016 and 29 closed out, a net change of +33 holders.
- The largest Broadridge buyer in Q3 2016 was Invesco, an estimated $30M added.
- The largest Broadridge seller in Q3 2016 was Wells Fargo, an estimated $142M sold.
Based on aggregated 13F filings for Q3 2016.