BorgWarner
583 hedge funds and large institutions have $10B invested in BorgWarner in 2018 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 195 increasing their positions, 233 reducing their positions, and 80 closing their positions.
50% more call options, than puts
Call options by funds: $32.9M | Put options by funds: $21.9M
3% less capital invested
Capital invested by funds: $10.3B → $10B (-$315M)
1.41% less ownership
Funds ownership: 108.82% → 107.4% (-1.4%)
5% less funds holding
Funds holding: 612 → 583 (-29)
16% less repeat investments, than reductions
Existing positions increased: 195 | Existing positions reduced: 233
30% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 80
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$30.5M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
+$27M |
| 3 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$24.3M |
| 4 |
Renaissance Technologies
New York
|
+$22.6M |
| 5 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$20.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$54.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$36M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$35.4M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$21.6M |
| 5 |
State Street
Boston,
Massachusetts
|
-$21M |
BWA Hedge Fund Activity: Q1 2018 in Review
583 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in BorgWarner (BWA) for Q1 2018, worth a combined $10B — down 3.1% from $10.3B a quarter earlier.
Sellers outnumbered buyers: 80 funds closed out of BWA and 56 opened new positions — a net loss of 24 holders — while 233 trimmed existing stakes and 195 added.
The largest buyer was Janus Henderson Group, adding an estimated $30.5M. The largest seller was Goldman Sachs, cutting an estimated $54.3M.
- 583 institutional investors held BorgWarner (BWA) as of Q1 2018, down from 612 in Q4 2017.
- Funds reported $10B of BorgWarner stock for Q1 2018, down 3.1% quarter-over-quarter.
- 56 funds opened new BorgWarner positions in Q1 2018 and 80 closed out, a net change of -24 holders.
- The largest BorgWarner buyer in Q1 2018 was Janus Henderson Group, an estimated $30.5M added.
- The largest BorgWarner seller in Q1 2018 was Goldman Sachs, an estimated $54.3M sold.
Based on aggregated 13F filings for Q1 2018.