Babcock & Wilcox
145 hedge funds and large institutions have $419M invested in Babcock & Wilcox in 2017 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 49 increasing their positions, 52 reducing their positions, and 27 closing their positions.
0.75% less ownership
Funds ownership: 9.92% → 9.18% (-0.75%)
6% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 52
5% less funds holding
Funds holding: 153 → 145 (-8)
11% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 27
31% less call options, than puts
Call options by funds: $249K | Put options by funds: $361K
48% less capital invested
Capital invested by funds: $802M → $419M (-$382M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$42.2M |
| 2 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$12.7M |
| 3 |
AIM
Atlantic Investment Management
New York
|
+$11.3M |
| 4 |
DDPIC
Deroy & Devereaux Private Investment Counsel
Bloomfield Hills,
Michigan
|
+$11.1M |
| 5 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Daruma Capital Management
New York
|
-$34.7M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$14.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$10.8M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$8.75M |
| 5 |
SAM
Silvercrest Asset Management
New York
|
-$8.42M |
BW Hedge Fund Activity: Q1 2017 in Review
145 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Babcock & Wilcox (BW) for Q1 2017, worth a combined $419M — down 48% from $802M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of BW and 24 opened new positions — a net loss of 3 holders — while 52 trimmed existing stakes and 49 added.
The largest buyer was BlackRock, adding an estimated $42.2M. The largest seller was Daruma Capital Management, cutting an estimated $34.7M.
- 145 institutional investors held Babcock & Wilcox (BW) as of Q1 2017, down from 153 in Q4 2016.
- Funds reported $419M of Babcock & Wilcox stock for Q1 2017, down 48% quarter-over-quarter.
- 24 funds opened new Babcock & Wilcox positions in Q1 2017 and 27 closed out, a net change of -3 holders.
- The largest Babcock & Wilcox buyer in Q1 2017 was BlackRock, an estimated $42.2M added.
- The largest Babcock & Wilcox seller in Q1 2017 was Daruma Capital Management, an estimated $34.7M sold.
Based on aggregated 13F filings for Q1 2017.