Blackstone
426 hedge funds and large institutions have $12.8B invested in Blackstone in 2014 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 193 increasing their positions, 112 reducing their positions, and 35 closing their positions.
72% more repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 112
29% more funds holding in top 10
Funds holding in top 10: 21 → 27 (+6)
23% more capital invested
Capital invested by funds: $10.4B → $12.8B (+$2.43B)
11% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 35
1% more funds holding
Funds holding: 423 → 426 (+3)
1.14% less ownership
Funds ownership: 60.37% → 59.23% (-1.1%)
66% less call options, than puts
Call options by funds: $274M | Put options by funds: $803M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$240M |
| 2 |
FAM
Fred Alger Management
New York
|
+$114M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$69.7M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$47.4M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$43.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$157M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$144M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$131M |
| 4 |
Citigroup
New York
|
-$105M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$97.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
451
Rotella Capital Management
Bellevue,
Washington
| – | -$214K | -6,522 | Closed |
|
|
PGIM
452
Pacific Global Investment Management
Glendale,
California
| – | -$211K | -6,432 | Closed |
|
|
ACM
453
Ashford Capital Management
Wilmington,
Delaware
| – | -$201K | -6,114 | Closed |
|
|
TA
454
Teton Advisors
Rye,
New York
| – | -$201K | -6,114 | Closed |
|
|
JG
455
Jefferies Group
New York
| – | -$195K | -5,998 | Closed |
|
|
PAS
456
Partnervest Advisory Services
Santa Barbara,
California
| – | -$78K | -2,388 | Closed |
|
|
WTB
457
Washington Trust Bank
Spokane,
Washington
| – | -$47K | -1,427 | Closed |
|
|
SF
458
Synovus Financial
Columbus,
Georgia
| – | -$30K | -917 | Closed |
|
|
AAC
459
Asset Advisors Corp
Augusta,
Georgia
| – | -$8K | -234 | Closed |
|
|
W
460
Wealthfront
Palo Alto,
California
| – | -$6K | -178 | Closed |
|
|
JT
461
Jump Trading
Chicago,
Illinois
| – | -$4.65K | -143 | Closed |
|
462
AllianceBernstein
Nashville,
Tennessee
| – | -$1K | -42 | Closed |
|
BX Hedge Fund Activity: Q3 2014 in Review
426 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Blackstone (BX) for Q3 2014, worth a combined $12.8B — up 23% from $10.4B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new BX positions and 35 closed out — a net gain of 4 holders — while 193 added to existing stakes and 112 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $240M. The largest seller was CI Investments Inc, exiting entirely with an estimated $157M sold.
- 426 institutional investors held Blackstone (BX) as of Q3 2014, up from 423 in Q2 2014.
- Funds reported $12.8B of Blackstone stock for Q3 2014, up 23% quarter-over-quarter.
- 39 funds opened new Blackstone positions in Q3 2014 and 35 closed out, a net change of +4 holders.
- The largest Blackstone buyer in Q3 2014 was Fidelity Investments, an estimated $240M added.
- The largest Blackstone seller in Q3 2014 was CI Investments Inc, an estimated $157M sold.
Based on aggregated 13F filings for Q3 2014.