BorgWarner
482 hedge funds and large institutions have $12.9B invested in BorgWarner in 2014 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 154 increasing their positions, 230 reducing their positions, and 34 closing their positions.
44% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 34
15% more funds holding in top 10
Funds holding in top 10: 13 → 15 (+2)
7% more capital invested
Capital invested by funds: $12.1B → $12.9B (+$849M)
2% more funds holding
Funds holding: 472 → 482 (+10)
3.14% less ownership
Funds ownership: 107.68% → 104.54% (-3.1%)
27% less call options, than puts
Call options by funds: $16.9M | Put options by funds: $23.2M
33% less repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 230
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$77.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$61.3M |
| 3 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$56.9M |
| 4 |
1IC
1919 Investment Counsel
Baltimore,
Maryland
|
+$44.2M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$36.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Westfield Capital Management
Boston,
Massachusetts
|
-$125M |
| 2 |
AT
Alliance Trust
Dundee, Scotland,
United Kingdom
|
-$52.6M |
| 3 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$45.9M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$38M |
| 5 |
State Street
Boston,
Massachusetts
|
-$37.3M |
BWA Hedge Fund Activity: Q1 2014 in Review
482 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in BorgWarner (BWA) for Q1 2014, worth a combined $12.9B — up 7% from $12.1B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new BWA positions and 34 closed out — a net gain of 15 holders — while 154 added to existing stakes and 230 trimmed.
The largest buyer was American Century Companies, adding an estimated $77.5M. The largest seller was Westfield Capital Management, cutting an estimated $125M.
- 482 institutional investors held BorgWarner (BWA) as of Q1 2014, up from 472 in Q4 2013.
- Funds reported $12.9B of BorgWarner stock for Q1 2014, up 7% quarter-over-quarter.
- 49 funds opened new BorgWarner positions in Q1 2014 and 34 closed out, a net change of +15 holders.
- The largest BorgWarner buyer in Q1 2014 was American Century Companies, an estimated $77.5M added.
- The largest BorgWarner seller in Q1 2014 was Westfield Capital Management, an estimated $125M sold.
Based on aggregated 13F filings for Q1 2014.