Boston Properties
465 hedge funds and large institutions have $18.7B invested in Boston Properties in 2016 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 165 increasing their positions, 177 reducing their positions, and 53 closing their positions.
7% less repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 177
1.53% less ownership
Funds ownership: 98.32% → 96.78% (-1.5%)
3% less funds holding
Funds holding: 481 → 465 (-16)
9% less capital invested
Capital invested by funds: $20.6B → $18.7B (-$1.84B)
15% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 53
21% less call options, than puts
Call options by funds: $31M | Put options by funds: $39.4M
47% less funds holding in top 10
Funds holding in top 10: 15 → 8 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$100M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$83M |
| 3 |
Goldman Sachs
New York
|
+$77.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$68.3M |
| 5 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$59.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$142M |
| 2 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$82.8M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$69M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$68.9M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$47.2M |
BXP Hedge Fund Activity: Q4 2016 in Review
465 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Boston Properties (BXP) for Q4 2016, worth a combined $18.7B — down 9% from $20.6B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of BXP and 45 opened new positions — a net loss of 8 holders — while 177 trimmed existing stakes and 165 added.
The largest buyer was Bank of New York Mellon, adding an estimated $100M. The largest seller was JP Morgan Chase, cutting an estimated $142M.
- 465 institutional investors held Boston Properties (BXP) as of Q4 2016, down from 481 in Q3 2016.
- Funds reported $18.7B of Boston Properties stock for Q4 2016, down 9% quarter-over-quarter.
- 45 funds opened new Boston Properties positions in Q4 2016 and 53 closed out, a net change of -8 holders.
- The largest Boston Properties buyer in Q4 2016 was Bank of New York Mellon, an estimated $100M added.
- The largest Boston Properties seller in Q4 2016 was JP Morgan Chase, an estimated $142M sold.
Based on aggregated 13F filings for Q4 2016.