Boston Properties
494 hedge funds and large institutions have $14B invested in Boston Properties in 2020 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 193 increasing their positions, 177 reducing their positions, and 66 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 10 → 12 (+2)
11% more call options, than puts
Call options by funds: $18.6M | Put options by funds: $16.7M
9% more repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 177
0.18% more ownership
Funds ownership: 97.42% → 97.59% (+0.18%)
3% less funds holding
Funds holding: 508 → 494 (-14)
14% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 66
33% less capital invested
Capital invested by funds: $20.8B → $14B (-$6.8B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$223M |
| 2 |
ClearBridge Investments
New York
|
+$212M |
| 3 |
BlackRock
New York
|
+$130M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$99.5M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$67.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$141M |
| 2 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$127M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$96.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$94.9M |
| 5 |
Daiwa Securities Group
Tokyo,
Japan
|
-$83.5M |
BXP Hedge Fund Activity: Q1 2020 in Review
494 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Boston Properties (BXP) for Q1 2020, worth a combined $14B — down 33% from $20.8B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of BXP and 57 opened new positions — a net loss of 9 holders — while 177 trimmed existing stakes and 193 added.
The largest buyer was Wellington Management Group, adding an estimated $223M. The largest seller was Cohen & Steers, cutting an estimated $141M.
- 494 institutional investors held Boston Properties (BXP) as of Q1 2020, down from 508 in Q4 2019.
- Funds reported $14B of Boston Properties stock for Q1 2020, down 33% quarter-over-quarter.
- 57 funds opened new Boston Properties positions in Q1 2020 and 66 closed out, a net change of -9 holders.
- The largest Boston Properties buyer in Q1 2020 was Wellington Management Group, an estimated $223M added.
- The largest Boston Properties seller in Q1 2020 was Cohen & Steers, an estimated $141M sold.
Based on aggregated 13F filings for Q1 2020.