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Burford Capital

65 hedge funds and large institutions have $638M invested in Burford Capital in 2021 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 6

75% more funds holding in top 10

Funds holding in top 10: 47 (+3)

52% more capital invested

Capital invested by funds: $419M → $638M (+$219M)

33.19% more ownership

Funds ownership: 0%33.19% (+33%)

31% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 13

24% more call options, than puts

Call options by funds: $252K | Put options by funds: $204K

23% more funds holding

Funds holding: 5365 (+12)

Holders
65
Holders Change
+12
Holders Change %
+22.64%
% of All Funds
1.14%
Holding in Top 10
7
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+75%
% of All Funds
0.12%
New
18
Increased
17
Reduced
13
Closed
6
Calls
$252K
Puts
$204K
Net Calls
+$48K
Net Calls Change
+$48K
Name Holding Trade Value Shares
Change
Change in
Stake
CI Investments Inc
1
CI Investments Inc
Ontario, Canada
$88.4M +$10.7M +1,218,914 +14%
BPC
2
Banque Pictet & Cie
Switzerland
$66.3M +$67.1M +7,647,727 New
PNAA
3
Pictet North America Advisors
Switzerland
$66.3M +$67.1M +7,647,727 New
Ameriprise
4
Ameriprise
Minnesota
$62.1M +$12.7M +1,443,067 +26%
RA
5
Rovida Advisors
Florida
$40.6M +$41.2M +4,693,435 New
Teacher Retirement System of Texas
6
Teacher Retirement System of Texas
Texas
$40.5M
Bank of Montreal
7
Bank of Montreal
Ontario, Canada
$36.6M -$215K -24,541 -0.7%
OAG
8
Orbis Allan Gray
Bermuda
$21M +$98.7K +11,250 +0.5%
PCM
9
PenderFund Capital Management
British Columbia, Canada
$20.5M +$4.52M +515,707 +40%
Ninety One (UK)
10
Ninety One (UK)
United Kingdom
$19.4M -$437K -49,807 -2%
Bank of America
11
Bank of America
North Carolina
$15.8M +$1.17M +133,146 +8%
Mackenzie Financial
12
Mackenzie Financial
Ontario, Canada
$15.2M +$14.8M +1,686,713 New
BlackRock
13
BlackRock
New York
$14.2M +$3.85M +438,803 +38%
SA
14
Sycale Advisors
New York
$13.8M +$3.37M +384,532 +34%
Janus Henderson Group
15
Janus Henderson Group
United Kingdom
$13.4M +$13.6M +1,550,379 New
TAM
16
Timucuan Asset Management
Florida
$11M
Federated Hermes
17
Federated Hermes
Pennsylvania
$9.05M -$232K -26,408 -3%
SCM
18
Stonehill Capital Management
New York
$8.9M
VAM
19
Velanne Asset Management
United Kingdom
$7.29M -$190K -21,683 -3%
NONA
20
Ninety One North America
New York
$7.16M -$189K -21,599 -3%
JP Morgan Chase
21
JP Morgan Chase
New York
$7.01M -$4.17M -475,823 -38%
CS
22
Credit Suisse
Switzerland
$6.37M +$2.47M +281,945 +66%
JAM
23
Jupiter Asset Management
United Kingdom
$5.2M
Manulife (Manufacturers Life Insurance)
24
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$4.19M
SBH
25
Segall Bryant & Hamill
Illinois
$4.14M +$4.19M +477,547 New

BUR Hedge Fund Activity: Q1 2021 in Review

65 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Burford Capital (BUR) for Q1 2021, worth a combined $638M — up 52% from $419M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new BUR positions and 6 closed out — a net gain of 12 holders — while 17 added to existing stakes and 13 trimmed.

The largest buyer was Banque Pictet & Cie, opening a new position worth an estimated $67.1M. The largest seller was Berylson Capital Partners, exiting entirely with an estimated $7.96M sold.

  • 65 institutional investors held Burford Capital (BUR) as of Q1 2021, up from 53 in Q4 2020.
  • Funds reported $638M of Burford Capital stock for Q1 2021, up 52% quarter-over-quarter.
  • 18 funds opened new Burford Capital positions in Q1 2021 and 6 closed out, a net change of +12 holders.
  • The largest Burford Capital buyer in Q1 2021 was Banque Pictet & Cie, an estimated $67.1M added.
  • The largest Burford Capital seller in Q1 2021 was Berylson Capital Partners, an estimated $7.96M sold.

Based on aggregated 13F filings for Q1 2021.