Babcock & Wilcox
129 hedge funds and large institutions have $540M invested in Babcock & Wilcox in 2017 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 49 increasing their positions, 38 reducing their positions, and 32 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 38
29% more capital invested
Capital invested by funds: $419M → $540M (+$121M)
11% more call options, than puts
Call options by funds: $764K | Put options by funds: $686K
0.23% more ownership
Funds ownership: 9.18% → 9.41% (+0.23%)
11% less funds holding
Funds holding: 145 → 129 (-16)
44% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 32
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$11.2M |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
+$7.13M |
| 3 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$6.26M |
| 4 |
MFP
Michael F. Price
|
+$6M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$4.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$13.1M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.25M |
| 3 |
AIM
Atlantic Investment Management
New York
|
-$6.75M |
| 4 |
DCM
Daruma Capital Management
New York
|
-$5.87M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$2.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
151
Cullen Capital Management
New York
| – | -$114K | -1,220 | Closed |
|
152
Millennium Management
New York
| – | -$107K | -1,149 | Closed |
|
|
EMG
153
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$94K | -1,010 | Closed |
|
|
NIT
154
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$90K | -962 | Closed |
|
155
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$4K | -42 | Closed |
|
|
MAM
156
Meeder Asset Management
Dublin,
Ohio
| – | -$2K | -23 | Closed |
|
|
CFG
157
Citizens Financial Group
Providence,
Rhode Island
| – | -$1K | -15 | Closed |
|
BW Hedge Fund Activity: Q2 2017 in Review
129 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Babcock & Wilcox (BW) for Q2 2017, worth a combined $540M — up 29% from $419M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of BW and 18 opened new positions — a net loss of 14 holders — while 38 trimmed existing stakes and 49 added.
The largest buyer was Nuveen, adding an estimated $11.2M. The largest seller was Wells Fargo, cutting an estimated $13.1M.
- 129 institutional investors held Babcock & Wilcox (BW) as of Q2 2017, down from 145 in Q1 2017.
- Funds reported $540M of Babcock & Wilcox stock for Q2 2017, up 29% quarter-over-quarter.
- 18 funds opened new Babcock & Wilcox positions in Q2 2017 and 32 closed out, a net change of -14 holders.
- The largest Babcock & Wilcox buyer in Q2 2017 was Nuveen, an estimated $11.2M added.
- The largest Babcock & Wilcox seller in Q2 2017 was Wells Fargo, an estimated $13.1M sold.
Based on aggregated 13F filings for Q2 2017.