Babcock & Wilcox
117 hedge funds and large institutions have $285M invested in Babcock & Wilcox in 2018 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 52 increasing their positions, 22 reducing their positions, and 18 closing their positions.
136% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 22
94% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 18
89% more capital invested
Capital invested by funds: $150M → $285M (+$135M)
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
17% more funds holding
Funds holding: 100 → 117 (+17)
0.72% less ownership
Funds ownership: 7.82% → 7.1% (-0.72%)
52% less call options, than puts
Call options by funds: $478K | Put options by funds: $993K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPH
Steel Partners Holdings
New York
|
+$61M |
| 2 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$30M |
| 3 |
D.E. Shaw & Co
New York
|
+$17.1M |
| 4 |
Neuberger Berman Group
New York
|
+$13.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lonestar Capital Management
San Francisco,
California
|
-$7.14M |
| 2 |
CTC
Chai Trust Company
Chicago,
Illinois
|
-$2.19M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.1M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$1.61M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$1.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GT
126
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$10K | -184 | Closed |
|
127
Citigroup
New York
| – | -$7K | -153 | Closed |
|
128
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | -16 | Closed |
|
|
GWS
129
Glassman Wealth Services
Vienna,
Virginia
| – | +$372 | +14 | +280% |
|
|
SWP
130
Strategic Wealth Partners
Independence,
Ohio
| – | +$398 | +15 | New |
|
BW Hedge Fund Activity: Q2 2018 in Review
117 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Babcock & Wilcox (BW) for Q2 2018, worth a combined $285M — up 89% from $150M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new BW positions and 18 closed out — a net gain of 17 holders — while 52 added to existing stakes and 22 trimmed.
The largest buyer was Steel Partners Holdings, adding an estimated $61M. The largest seller was Lonestar Capital Management, exiting entirely with an estimated $7.14M sold.
- 117 institutional investors held Babcock & Wilcox (BW) as of Q2 2018, up from 100 in Q1 2018.
- Funds reported $285M of Babcock & Wilcox stock for Q2 2018, up 89% quarter-over-quarter.
- 35 funds opened new Babcock & Wilcox positions in Q2 2018 and 18 closed out, a net change of +17 holders.
- The largest Babcock & Wilcox buyer in Q2 2018 was Steel Partners Holdings, an estimated $61M added.
- The largest Babcock & Wilcox seller in Q2 2018 was Lonestar Capital Management, an estimated $7.14M sold.
Based on aggregated 13F filings for Q2 2018.