BorgWarner
524 hedge funds and large institutions have $6.6B invested in BorgWarner in 2018 Q4 according to their latest regulatory filings, with 70 funds opening new positions, 173 increasing their positions, 210 reducing their positions, and 96 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
0.63% less ownership
Funds ownership: 104.2% → 103.57% (-0.63%)
5% less funds holding
Funds holding: 552 → 524 (-28)
18% less repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 210
20% less capital invested
Capital invested by funds: $8.19B → $6.6B (-$1.6B)
27% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 96
42% less call options, than puts
Call options by funds: $9M | Put options by funds: $15.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$58.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$57.2M |
| 3 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
+$41.6M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$33.5M |
| 5 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$32.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$193M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$69.2M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$56.3M |
| 4 |
BlackRock
New York
|
-$27.9M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$23.8M |
BWA Hedge Fund Activity: Q4 2018 in Review
524 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in BorgWarner (BWA) for Q4 2018, worth a combined $6.6B — down 20% from $8.19B a quarter earlier.
Sellers outnumbered buyers: 96 funds closed out of BWA and 70 opened new positions — a net loss of 26 holders — while 210 trimmed existing stakes and 173 added.
The largest buyer was Harris Associates, adding an estimated $58.3M. The largest seller was Capital International Investors, exiting entirely with an estimated $193M sold.
- 524 institutional investors held BorgWarner (BWA) as of Q4 2018, down from 552 in Q3 2018.
- Funds reported $6.6B of BorgWarner stock for Q4 2018, down 20% quarter-over-quarter.
- 70 funds opened new BorgWarner positions in Q4 2018 and 96 closed out, a net change of -26 holders.
- The largest BorgWarner buyer in Q4 2018 was Harris Associates, an estimated $58.3M added.
- The largest BorgWarner seller in Q4 2018 was Capital International Investors, an estimated $193M sold.
Based on aggregated 13F filings for Q4 2018.