Burlington
BURL
436 hedge funds and large institutions have $13.7B invested in Burlington in 2020 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 145 increasing their positions, 183 reducing their positions, and 55 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
30% more capital invested
Capital invested by funds: $10.6B → $13.7B (+$3.13B)
16% more call options, than puts
Call options by funds: $120M | Put options by funds: $104M
4.46% more ownership
Funds ownership: 101.36% → 105.82% (+4.5%)
9% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 55
0% more funds holding
Funds holding: 434 → 436 (+2)
21% less repeat investments, than reductions
Existing positions increased: 145 | Existing positions reduced: 183
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$191M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$99.6M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$90.2M |
| 4 |
MCM
Melvin Capital Management
New York
|
+$84.8M |
| 5 |
JP Morgan Chase
New York
|
+$78.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$143M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$118M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$39.3M |
| 4 |
ClearBridge Investments
New York
|
-$36.2M |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$34.7M |
BURL Hedge Fund Activity: Q2 2020 in Review
436 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Burlington (BURL) for Q2 2020, worth a combined $13.7B — up 30% from $10.6B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new BURL positions and 55 closed out — a net gain of 5 holders — while 145 added to existing stakes and 183 trimmed.
The largest buyer was Adage Capital Partners, adding an estimated $191M. The largest seller was AllianceBernstein, cutting an estimated $143M.
- 436 institutional investors held Burlington (BURL) as of Q2 2020, up from 434 in Q1 2020.
- Funds reported $13.7B of Burlington stock for Q2 2020, up 30% quarter-over-quarter.
- 60 funds opened new Burlington positions in Q2 2020 and 55 closed out, a net change of +5 holders.
- The largest Burlington buyer in Q2 2020 was Adage Capital Partners, an estimated $191M added.
- The largest Burlington seller in Q2 2020 was AllianceBernstein, an estimated $143M sold.
Based on aggregated 13F filings for Q2 2020.