Babcock & Wilcox
100 hedge funds and large institutions have $150M invested in Babcock & Wilcox in 2018 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 41 increasing their positions, 24 reducing their positions, and 25 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 24
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
19% more call options, than puts
Call options by funds: $3.88M | Put options by funds: $3.26M
0.93% more ownership
Funds ownership: 77.25% → 78.18% (+0.93%)
7% less funds holding
Funds holding: 107 → 100 (-7)
20% less capital invested
Capital invested by funds: $187M → $150M (-$36.9M)
28% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPH
Steel Partners Holdings
New York
|
+$28.4M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.57M |
| 3 |
Millennium Management
New York
|
+$4.16M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$1.94M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCA
VIEX Capital Advisors
Sunny Isles Beach,
Florida
|
-$13.9M |
| 2 |
LCM
Lonestar Capital Management
San Francisco,
California
|
-$8.73M |
| 3 |
D.E. Shaw & Co
New York
|
-$6.4M |
| 4 |
EC
Engaged Capital
Newport Beach,
California
|
-$3.55M |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$3M |
BW Hedge Fund Activity: Q1 2018 in Review
100 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Babcock & Wilcox (BW) for Q1 2018, worth a combined $150M — down 20% from $187M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of BW and 18 opened new positions — a net loss of 7 holders — while 24 trimmed existing stakes and 41 added.
The largest buyer was Steel Partners Holdings, adding an estimated $28.4M. The largest seller was VIEX Capital Advisors, cutting an estimated $13.9M.
- 100 institutional investors held Babcock & Wilcox (BW) as of Q1 2018, down from 107 in Q4 2017.
- Funds reported $150M of Babcock & Wilcox stock for Q1 2018, down 20% quarter-over-quarter.
- 18 funds opened new Babcock & Wilcox positions in Q1 2018 and 25 closed out, a net change of -7 holders.
- The largest Babcock & Wilcox buyer in Q1 2018 was Steel Partners Holdings, an estimated $28.4M added.
- The largest Babcock & Wilcox seller in Q1 2018 was VIEX Capital Advisors, an estimated $13.9M sold.
Based on aggregated 13F filings for Q1 2018.