Santander
BSBR
136 hedge funds and large institutions have $2.12B invested in Santander in 2014 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 43 increasing their positions, 43 reducing their positions, and 34 closing their positions.
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
0% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 43
7% less funds holding
Funds holding: 146 → 136 (-10)
6.95% less ownership
Funds ownership: 62.19% → 55.24% (-7%)
15% less capital invested
Capital invested by funds: $2.5B → $2.12B (-$380M)
26% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 34
55% less call options, than puts
Call options by funds: $814K | Put options by funds: $1.82M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Manikay Partners
New York
|
+$51M |
| 2 |
Morgan Stanley
New York
|
+$50.9M |
| 3 |
AL
Airain Ltd
St. Peter Port,
Guernsey
|
+$22.3M |
| 4 |
Barclays
London,
United Kingdom
|
+$20.1M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TBC
Tweedy, Browne Co
Stamford,
Connecticut
|
-$174M |
| 2 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$104M |
| 3 |
ACM
Amber Capital Management
Grand Cayman,
Cayman Islands
|
-$31.8M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$31M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$27.8M |
BSBR Hedge Fund Activity: Q3 2014 in Review
136 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Santander (BSBR) for Q3 2014, worth a combined $2.12B — down 15% from $2.5B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of BSBR and 25 opened new positions — a net loss of 9 holders — while 43 trimmed existing stakes and 43 added.
The largest buyer was Manikay Partners, opening a new position worth an estimated $51M. The largest seller was Tweedy, Browne Co, cutting an estimated $174M.
- 136 institutional investors held Santander (BSBR) as of Q3 2014, down from 146 in Q2 2014.
- Funds reported $2.12B of Santander stock for Q3 2014, down 15% quarter-over-quarter.
- 25 funds opened new Santander positions in Q3 2014 and 34 closed out, a net change of -9 holders.
- The largest Santander buyer in Q3 2014 was Manikay Partners, an estimated $51M added.
- The largest Santander seller in Q3 2014 was Tweedy, Browne Co, an estimated $174M sold.
Based on aggregated 13F filings for Q3 2014.