BorgWarner
472 hedge funds and large institutions have $12.1B invested in BorgWarner in 2013 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 169 increasing their positions, 183 reducing their positions, and 28 closing their positions.
107% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 28
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
13% more capital invested
Capital invested by funds: $10.7B → $12.1B (+$1.36B)
6% more funds holding
Funds holding: 446 → 472 (+26)
8% less repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 183
18% less call options, than puts
Call options by funds: $29.8M | Put options by funds: $36.2M
101.86% less ownership
Funds ownership: 209.53% → 107.68% (-102%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$148M |
| 2 |
EARNEST Partners
Atlanta,
Georgia
|
+$115M |
| 3 |
CM
Castleark Management
Chicago,
Illinois
|
+$68.1M |
| 4 |
AT
Alliance Trust
Dundee, Scotland,
United Kingdom
|
+$49.5M |
| 5 |
TP
Theleme Partners
London,
United Kingdom
|
+$47.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$131M |
| 2 |
JP Morgan Chase
New York
|
-$98.3M |
| 3 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$90.7M |
| 4 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$65.4M |
| 5 |
FAM
Fred Alger Management
New York
|
-$49.5M |
BWA Hedge Fund Activity: Q4 2013 in Review
472 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in BorgWarner (BWA) for Q4 2013, worth a combined $12.1B — up 13% from $10.7B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new BWA positions and 28 closed out — a net gain of 30 holders — while 169 added to existing stakes and 183 trimmed.
The largest buyer was American Century Companies, adding an estimated $148M. The largest seller was Lord, Abbett & Co, cutting an estimated $131M.
- 472 institutional investors held BorgWarner (BWA) as of Q4 2013, up from 446 in Q3 2013.
- Funds reported $12.1B of BorgWarner stock for Q4 2013, up 13% quarter-over-quarter.
- 58 funds opened new BorgWarner positions in Q4 2013 and 28 closed out, a net change of +30 holders.
- The largest BorgWarner buyer in Q4 2013 was American Century Companies, an estimated $148M added.
- The largest BorgWarner seller in Q4 2013 was Lord, Abbett & Co, an estimated $131M sold.
Based on aggregated 13F filings for Q4 2013.