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Burford Capital

142 hedge funds and large institutions have $5.1B invested in Burford Capital in 2024 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 41 increasing their positions, 42 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 23

10% more funds holding in top 10

Funds holding in top 10: 1011 (+1)

3% more funds holding

Funds holding: 138142 (+4)

1.13% more ownership

Funds ownership: 46.51%47.64% (+1.1%)

1% more capital invested

Capital invested by funds: $5.06B → $5.1B (+$38.4M)

2% less repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 42

37% less call options, than puts

Call options by funds: $12M | Put options by funds: $18.9M

Holders
142
Holders Change
+4
Holders Change %
+2.9%
% of All Funds
2.05%
Holding in Top 10
11
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+10%
% of All Funds
0.16%
New
28
Increased
41
Reduced
42
Closed
23
Calls
$12M
Puts
$18.9M
Net Calls
-$6.89M
Net Calls Change
+$13.8M
Name Holding Trade Value Shares
Change
Change in
Stake
MGP
1
M&G plc
United Kingdom
$1.78B +$16.8M +1,133,895 New
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$1.11B -$1.15M -77,291 -6%
CS
3
Credit Suisse
Switzerland
$594M -$19.4K -1,305 -0.3%
MCS
4
Mithaq Capital SPC
Saudi Arabia
$296M -$66.8M -4,501,067 -20%
Ameriprise
5
Ameriprise
Minnesota
$141M +$595K +40,130 +0.4%
Invesco
6
Invesco
Georgia
$137M -$4.75M -320,172 -4%
PNAA
7
Pictet North America Advisors
Switzerland
$120M
Teacher Retirement System of Texas
8
Teacher Retirement System of Texas
Texas
$107M
OAG
9
Orbis Allan Gray
Bermuda
$94.3M +$6.32M +425,932 +8%
Millennium Management
10
Millennium Management
New York
$51.4M +$33.9M +2,285,229 +245%
Barrow, Hanley, Mewhinney & Strauss
11
Barrow, Hanley, Mewhinney & Strauss
Texas
$48.2M -$345K -23,242 -0.8%
CI Investments Inc
12
CI Investments Inc
Ontario, Canada
$38.6M -$147K -9,936 -0.4%
BP
13
Bandera Partners
New York
$28.2M
Susquehanna International Group
14
Susquehanna International Group
Pennsylvania
$25.9M +$11.7M +788,437 +94%
GRIM
15
Greenhaven Road Investment Management
Connecticut
$25.9M +$593K +40,000 +3%
Jane Street
16
Jane Street
New York
$25.2M +$14M +945,917 +143%
SA
17
Sycale Advisors
New York
$24.9M +$5.24M +353,107 +29%
WAM
18
Weiss Asset Management
Massachusetts
$22.1M +$17.5M +1,177,465 +573%
Baillie Gifford & Co
19
Baillie Gifford & Co
United Kingdom
$20.8M +$10.4M +703,518 +113%
Janus Henderson Group
20
Janus Henderson Group
United Kingdom
$20.5M -$2.81M -189,196 -13%
OCAM
21
Onex Canada Asset Management
Ontario, Canada
$20.1M +$831K +56,047 +5%
TAM
22
Timucuan Asset Management
Florida
$17.6M
SO
23
STRS Ohio
Ohio
$16.9M +$16M +1,078,460 New
PCM
24
PenderFund Capital Management
British Columbia, Canada
$16.9M -$454K -30,592 -4%
GLCM
25
Greenlea Lane Capital Management
Connecticut
$16.5M +$266K +17,910 +2%

BUR Hedge Fund Activity: Q1 2024 in Review

142 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Burford Capital (BUR) for Q1 2024, worth a combined $5.1B — up 0.76% from $5.06B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new BUR positions and 23 closed out — a net gain of 5 holders — while 41 added to existing stakes and 42 trimmed.

The largest buyer was Millennium Management, adding an estimated $33.9M. The largest seller was Mithaq Capital SPC, cutting an estimated $66.8M.

  • 142 institutional investors held Burford Capital (BUR) as of Q1 2024, up from 138 in Q4 2023.
  • Funds reported $5.1B of Burford Capital stock for Q1 2024, up 0.76% quarter-over-quarter.
  • 28 funds opened new Burford Capital positions in Q1 2024 and 23 closed out, a net change of +5 holders.
  • The largest Burford Capital buyer in Q1 2024 was Millennium Management, an estimated $33.9M added.
  • The largest Burford Capital seller in Q1 2024 was Mithaq Capital SPC, an estimated $66.8M sold.

Based on aggregated 13F filings for Q1 2024.