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Boston Properties

480 hedge funds and large institutions have $8.5B invested in Boston Properties in 2023 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 218 increasing their positions, 142 reducing their positions, and 82 closing their positions.

New
Increased
Maintained
Reduced
Closed

54% more repeat investments, than reductions

Existing positions increased: 218 | Existing positions reduced: 142

2.61% more ownership

Funds ownership: 97.33%99.95% (+2.6%)

8% less funds holding

Funds holding: 519480 (-39)

15% less call options, than puts

Call options by funds: $143M | Put options by funds: $169M

17% less capital invested

Capital invested by funds: $10.2B → $8.5B (-$1.68B)

32% less first-time investments, than exits

New positions opened: 56 | Existing positions closed: 82

57% less funds holding in top 10

Funds holding in top 10: 73 (-4)

Holders
480
Holders Change
-39
Holders Change %
-7.51%
% of All Funds
7.65%
Holding in Top 10
3
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-57.14%
% of All Funds
0.05%
New
56
Increased
218
Reduced
142
Closed
82
Calls
$143M
Puts
$169M
Net Calls
-$25.6M
Net Calls Change
-$106M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.28B +$6.35M +97,268 +0.4%
BlackRock
2
BlackRock
New York
$1.01B +$31.5M +481,975 +3%
Norges Bank
3
Norges Bank
Norway
$687M
State Street
4
State Street
Massachusetts
$640M +$34.5M +528,634 +5%
AAMU
5
APG Asset Management US
New York
$398M -$5.85M -89,669 -1%
JP Morgan Chase
6
JP Morgan Chase
New York
$364M -$74.9M -1,147,450 -15%
Capital Research Global Investors
7
Capital Research Global Investors
California
$339M +$112M +1,719,545 +38%
First Eagle Investment Management
8
First Eagle Investment Management
New York
$203M -$5.76M -88,222 -2%
Invesco
9
Invesco
Georgia
$182M +$49.8M +763,497 +29%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$179M +$5.06M +77,527 +2%
Allspring Global Investments
11
Allspring Global Investments
North Carolina
$176M +$20.9M +320,342 +11%
Northern Trust
12
Northern Trust
Illinois
$157M +$28.5M +437,158 +18%
Legal & General Group
13
Legal & General Group
United Kingdom
$122M +$11.8M +181,488 +9%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$115M +$3.46M +53,003 +3%
Principal Financial Group
15
Principal Financial Group
Iowa
$104M +$112M +1,709,663 +801%
SM
16
Senvest Management
New York
$98.4M +$33.3M +510,995 +39%
Morgan Stanley
17
Morgan Stanley
New York
$97.6M +$43.6M +667,884 +59%
Bank of America
18
Bank of America
North Carolina
$94M +$20.7M +316,830 +22%
UBS AM
19
UBS AM
Illinois
$82M +$6.12M +93,723 +7%
Charles Schwab
20
Charles Schwab
California
$81.6M +$2.42M +37,132 +3%
Citadel Advisors
21
Citadel Advisors
Florida
$67M +$71.3M +1,092,053 +748%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$66.3M +$4.46M +68,282 +6%
CCM
23
Cullen Capital Management
New York
$57.6M +$22.1M +338,139 +47%
N
24
Nuveen
North Carolina
$57.6M +$3.46M +53,023 +5%
HRES
25
Heitman Real Estate Securities
Illinois
$50.9M +$16.2M +248,902 +36%

BXP Hedge Fund Activity: Q1 2023 in Review

480 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Boston Properties (BXP) for Q1 2023, worth a combined $8.5B — down 17% from $10.2B a quarter earlier.

Sellers outnumbered buyers: 82 funds closed out of BXP and 56 opened new positions — a net loss of 26 holders — while 142 trimmed existing stakes and 218 added.

The largest buyer was Capital Research Global Investors, adding an estimated $112M. The largest seller was JP Morgan Chase, cutting an estimated $74.9M.

  • 480 institutional investors held Boston Properties (BXP) as of Q1 2023, down from 519 in Q4 2022.
  • Funds reported $8.5B of Boston Properties stock for Q1 2023, down 17% quarter-over-quarter.
  • 56 funds opened new Boston Properties positions in Q1 2023 and 82 closed out, a net change of -26 holders.
  • The largest Boston Properties buyer in Q1 2023 was Capital Research Global Investors, an estimated $112M added.
  • The largest Boston Properties seller in Q1 2023 was JP Morgan Chase, an estimated $74.9M sold.

Based on aggregated 13F filings for Q1 2023.