Boston Properties
404 hedge funds and large institutions have $16B invested in Boston Properties in 2013 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 139 increasing their positions, 160 reducing their positions, and 24 closing their positions.
410% more call options, than puts
Call options by funds: $180M | Put options by funds: $35.3M
88% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 24
9% more funds holding in top 10
Funds holding in top 10: 23 → 25 (+2)
5% more funds holding
Funds holding: 384 → 404 (+20)
1.33% more ownership
Funds ownership: 101.02% → 102.36% (+1.3%)
3% less capital invested
Capital invested by funds: $16.4B → $16B (-$423M)
13% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 160
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$90.4M |
| 2 |
EARNEST Partners
Atlanta,
Georgia
|
+$43.6M |
| 3 |
Barclays
London,
United Kingdom
|
+$41.6M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$39.3M |
| 5 |
Daiwa Securities Group
Tokyo,
Japan
|
+$39.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$127M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$94.5M |
| 3 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$85.3M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$79.8M |
| 5 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$63.8M |
BXP Hedge Fund Activity: Q4 2013 in Review
404 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Boston Properties (BXP) for Q4 2013, worth a combined $16B — down 2.6% from $16.4B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new BXP positions and 24 closed out — a net gain of 21 holders — while 139 added to existing stakes and 160 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $90.4M. The largest seller was CBRE Investment Management Listed Real Assets, cutting an estimated $127M.
- 404 institutional investors held Boston Properties (BXP) as of Q4 2013, up from 384 in Q3 2013.
- Funds reported $16B of Boston Properties stock for Q4 2013, down 2.6% quarter-over-quarter.
- 45 funds opened new Boston Properties positions in Q4 2013 and 24 closed out, a net change of +21 holders.
- The largest Boston Properties buyer in Q4 2013 was Cohen & Steers, an estimated $90.4M added.
- The largest Boston Properties seller in Q4 2013 was CBRE Investment Management Listed Real Assets, an estimated $127M sold.
Based on aggregated 13F filings for Q4 2013.