Boston Properties
389 hedge funds and large institutions have $17.8B invested in Boston Properties in 2014 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 149 increasing their positions, 147 reducing their positions, and 42 closing their positions.
12% more capital invested
Capital invested by funds: $16B → $17.8B (+$1.86B)
1% more repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 147
0.57% less ownership
Funds ownership: 102.36% → 101.79% (-0.57%)
6% less call options, than puts
Call options by funds: $41.5M | Put options by funds: $44.2M
4% less funds holding
Funds holding: 404 → 389 (-15)
8% less funds holding in top 10
Funds holding in top 10: 25 → 23 (-2)
26% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$141M |
| 2 |
ECM
EII Capital Management
New York
|
+$83.8M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$77.3M |
| 4 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$75.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$70.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$98.9M |
| 2 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$62.3M |
| 3 |
Morgan Stanley
New York
|
-$57.6M |
| 4 |
Daiwa Securities Group
Tokyo,
Japan
|
-$55.2M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$41.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
426
Parallax Volatility Advisers
San Francisco,
California
| – | -$45.9K | -421 | Closed |
|
|
CAM
427
Columbia Asset Management
Ann Arbor,
Michigan
| – | -$33K | -325 | Closed |
|
|
ST
428
Spot Trading
Chicago,
Illinois
| – | -$31K | -313 | Closed |
|
|
PL
429
Parkwood LLC
Cleveland,
Ohio
| – | -$16K | -164 | Closed |
|
|
CTC
430
Central Trust Company
Jefferson City,
Missouri
| – | -$2K | -20 | Closed |
|
|
BFEC
431
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$1K | -14 | Closed |
|
BXP Hedge Fund Activity: Q1 2014 in Review
389 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Boston Properties (BXP) for Q1 2014, worth a combined $17.8B — up 12% from $16B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of BXP and 31 opened new positions — a net loss of 11 holders — while 147 trimmed existing stakes and 149 added.
The largest buyer was Fidelity Investments, adding an estimated $141M. The largest seller was Cohen & Steers, cutting an estimated $98.9M.
- 389 institutional investors held Boston Properties (BXP) as of Q1 2014, down from 404 in Q4 2013.
- Funds reported $17.8B of Boston Properties stock for Q1 2014, up 12% quarter-over-quarter.
- 31 funds opened new Boston Properties positions in Q1 2014 and 42 closed out, a net change of -11 holders.
- The largest Boston Properties buyer in Q1 2014 was Fidelity Investments, an estimated $141M added.
- The largest Boston Properties seller in Q1 2014 was Cohen & Steers, an estimated $98.9M sold.
Based on aggregated 13F filings for Q1 2014.