Burford Capital
BUR
119 hedge funds and large institutions have $4.72B invested in Burford Capital in 2023 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 38 increasing their positions, 27 reducing their positions, and 12 closing their positions.
183% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 12
41% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 27
35% more call options, than puts
Call options by funds: $13.5M | Put options by funds: $10M
27% more funds holding in top 10
Funds holding in top 10: 11 → 14 (+3)
21% more funds holding
Funds holding: 98 → 119 (+21)
12% more capital invested
Capital invested by funds: $4.22B → $4.72B (+$497M)
0.75% more ownership
Funds ownership: 36.92% → 37.66% (+0.75%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Helikon Investments
London,
United Kingdom
|
+$19.3M |
| 2 |
Citigroup
New York
|
+$15.3M |
| 3 |
D.E. Shaw & Co
New York
|
+$14.2M |
| 4 |
Millennium Management
New York
|
+$12.9M |
| 5 |
MGM
Miura Global Management
New York
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCP
Bayberry Capital Partners
New York
|
-$34.1M |
| 2 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$23.8M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$14.9M |
| 4 |
BCM
Basswood Capital Management
New York
|
-$8.25M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$7.35M |
BUR Hedge Fund Activity: Q2 2023 in Review
119 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Burford Capital (BUR) for Q2 2023, worth a combined $4.72B — up 12% from $4.22B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new BUR positions and 12 closed out — a net gain of 22 holders — while 38 added to existing stakes and 27 trimmed.
The largest buyer was Helikon Investments, opening a new position worth an estimated $19.3M. The largest seller was Bayberry Capital Partners, cutting an estimated $34.1M.
- 119 institutional investors held Burford Capital (BUR) as of Q2 2023, up from 98 in Q1 2023.
- Funds reported $4.72B of Burford Capital stock for Q2 2023, up 12% quarter-over-quarter.
- 34 funds opened new Burford Capital positions in Q2 2023 and 12 closed out, a net change of +22 holders.
- The largest Burford Capital buyer in Q2 2023 was Helikon Investments, an estimated $19.3M added.
- The largest Burford Capital seller in Q2 2023 was Bayberry Capital Partners, an estimated $34.1M sold.
Based on aggregated 13F filings for Q2 2023.