Burford Capital
BUR
98 hedge funds and large institutions have $4.22B invested in Burford Capital in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 37 increasing their positions, 23 reducing their positions, and 6 closing their positions.
625% more call options, than puts
Call options by funds: $20.8M | Put options by funds: $2.86M
267% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 6
76% more capital invested
Capital invested by funds: $2.4B → $4.22B (+$1.83B)
61% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 23
57% more funds holding in top 10
Funds holding in top 10: 7 → 11 (+4)
20% more funds holding
Funds holding: 82 → 98 (+16)
1.14% less ownership
Funds ownership: 38.06% → 36.92% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$13.8M |
| 2 |
GRIM
Greenhaven Road Investment Management
Greenwich,
Connecticut
|
+$8.89M |
| 3 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$6.78M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$6.55M |
| 5 |
BCM
Basswood Capital Management
New York
|
+$3.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$46.9M |
| 2 |
JP Morgan Chase
New York
|
-$19.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$11.2M |
| 4 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
-$6.14M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Jane Street
New York
| – | -$105K | -12,989 | Closed |
|
|
ACM
102
Aquatic Capital Management
Chicago,
Illinois
| – | -$37K | -4,500 | Closed |
|
103
Rockefeller Capital Management
New York
| – | -$21K | -2,673 | Closed |
|
104
UBS Group
Zurich,
Switzerland
| – | -$5.49K | -674 | Closed |
|
BUR Hedge Fund Activity: Q1 2023 in Review
98 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Burford Capital (BUR) for Q1 2023, worth a combined $4.22B — up 76% from $2.4B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new BUR positions and 6 closed out — a net gain of 16 holders — while 37 added to existing stakes and 23 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $13.8M. The largest seller was CI Investments Inc, cutting an estimated $46.9M.
- 98 institutional investors held Burford Capital (BUR) as of Q1 2023, up from 82 in Q4 2022.
- Funds reported $4.22B of Burford Capital stock for Q1 2023, up 76% quarter-over-quarter.
- 22 funds opened new Burford Capital positions in Q1 2023 and 6 closed out, a net change of +16 holders.
- The largest Burford Capital buyer in Q1 2023 was Bank of Montreal, an estimated $13.8M added.
- The largest Burford Capital seller in Q1 2023 was CI Investments Inc, an estimated $46.9M sold.
Based on aggregated 13F filings for Q1 2023.