Boston Properties
BXP
487 hedge funds and large institutions have $11.9B invested in Boston Properties in 2020 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 173 increasing their positions, 195 reducing their positions, and 66 closing their positions.
1.85% less ownership
Funds ownership: 97.25% → 95.4% (-1.9%)
5% less funds holding
Funds holding: 512 → 487 (-25)
11% less repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 195
13% less capital invested
Capital invested by funds: $13.7B → $11.9B (-$1.74B)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
30% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 66
48% less call options, than puts
Call options by funds: $66.9M | Put options by funds: $129M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCI Fund Management
London,
United Kingdom
|
+$318M |
| 2 |
First Eagle Investment Management
New York
|
+$169M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$121M |
| 4 |
Gates Foundation Trust
Kirkland,
Washington
|
+$95.9M |
| 5 |
JP Morgan Chase
New York
|
+$79.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$226M |
| 2 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$123M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$85.9M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
-$74M |
| 5 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$64.7M |
BXP Hedge Fund Activity: Q3 2020 in Review
487 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Boston Properties (BXP) for Q3 2020, worth a combined $11.9B — down 13% from $13.7B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of BXP and 46 opened new positions — a net loss of 20 holders — while 195 trimmed existing stakes and 173 added.
The largest buyer was TCI Fund Management, adding an estimated $318M. The largest seller was Fidelity Investments, cutting an estimated $226M.
- 487 institutional investors held Boston Properties (BXP) as of Q3 2020, down from 512 in Q2 2020.
- Funds reported $11.9B of Boston Properties stock for Q3 2020, down 13% quarter-over-quarter.
- 46 funds opened new Boston Properties positions in Q3 2020 and 66 closed out, a net change of -20 holders.
- The largest Boston Properties buyer in Q3 2020 was TCI Fund Management, an estimated $318M added.
- The largest Boston Properties seller in Q3 2020 was Fidelity Investments, an estimated $226M sold.
Based on aggregated 13F filings for Q3 2020.