Babcock & Wilcox
163 hedge funds and large institutions have $734M invested in Babcock & Wilcox in 2016 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 74 increasing their positions, 40 reducing their positions, and 27 closing their positions.
85% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 40
0.01% more ownership
Funds ownership: 9.83% → 9.84% (+0.01%)
2% less funds holding
Funds holding: 167 → 163 (-4)
11% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 27
31% less capital invested
Capital invested by funds: $1.07B → $734M (-$333M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $3K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$13.5M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
+$13.3M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$11.4M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$10.7M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$9.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
-$53.5M |
| 2 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$22.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$22.6M |
| 4 |
KCM
Kingstown Capital Management
New York
|
-$16.6M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$9.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
176
Highbridge Capital Management
New York
| – | -$270K | -1,262 | Closed |
|
177
Los Angeles Capital Management
Los Angeles,
California
| – | -$261K | -1,221 | Closed |
|
|
EMG
178
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$231K | -1,080 | Closed |
|
|
RJA
179
Raymond James & Associates
St Petersburg,
Florida
| – | -$228K | -1,067 | Closed |
|
180
Brown Advisory
Baltimore,
Maryland
| – | -$207K | -965 | Closed |
|
|
URS
181
Utah Retirement Systems
Salt Lake City,
Utah
| – | -$203K | -947 | Closed |
|
|
MAM
182
Meeder Asset Management
Dublin,
Ohio
| – | -$162K | -758 | Closed |
|
183
SG Americas Securities
New York
| – | -$129K | -605 | Closed |
|
|
CG
184
Cutler Group
San Francisco,
California
| – | -$86K | -406 | Closed |
|
185
Public Employees Retirement Association of Colorado
Denver,
Colorado
| – | -$37K | -172 | Closed |
|
186
ClearBridge Investments
New York
| – | -$5K | -25 | Closed |
|
BW Hedge Fund Activity: Q2 2016 in Review
163 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Babcock & Wilcox (BW) for Q2 2016, worth a combined $734M — down 31% from $1.07B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of BW and 24 opened new positions — a net loss of 3 holders — while 40 trimmed existing stakes and 74 added.
The largest buyer was BlackRock Fund Advisors, adding an estimated $13.5M. The largest seller was Blue Harbour Group, cutting an estimated $53.5M.
- 163 institutional investors held Babcock & Wilcox (BW) as of Q2 2016, down from 167 in Q1 2016.
- Funds reported $734M of Babcock & Wilcox stock for Q2 2016, down 31% quarter-over-quarter.
- 24 funds opened new Babcock & Wilcox positions in Q2 2016 and 27 closed out, a net change of -3 holders.
- The largest Babcock & Wilcox buyer in Q2 2016 was BlackRock Fund Advisors, an estimated $13.5M added.
- The largest Babcock & Wilcox seller in Q2 2016 was Blue Harbour Group, an estimated $53.5M sold.
Based on aggregated 13F filings for Q2 2016.