BuzzFeed
BZFD
84 hedge funds and large institutions have $254M invested in BuzzFeed in 2021 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 19 increasing their positions, 11 reducing their positions, and 12 closing their positions.
73% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 11
67% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 12
26% more capital invested
Capital invested by funds: $202M → $254M (+$52.1M)
11% more funds holding
Funds holding: 76 → 84 (+8)
3.69% more ownership
Funds ownership: 18.07% → 21.75% (+3.7%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$8.73M |
| 2 |
Millennium Management
New York
|
+$8.66M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$7.42M |
| 4 |
SV
Starboard Value
New York
|
+$4.45M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$4.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kingstown Capital Management
New York
|
-$3.94M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$3.45M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$2.99M |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$2.77M |
| 5 |
Goldman Sachs
New York
|
-$2.75M |
BZFD Hedge Fund Activity: Q3 2021 in Review
84 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in BuzzFeed (BZFD) for Q3 2021, worth a combined $254M — up 26% from $202M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new BZFD positions and 12 closed out — a net gain of 8 holders — while 19 added to existing stakes and 11 trimmed.
The largest buyer was Magnetar Financial, opening a new position worth an estimated $8.73M. The largest seller was Kingstown Capital Management, exiting entirely with an estimated $3.94M sold.
- 84 institutional investors held BuzzFeed (BZFD) as of Q3 2021, up from 76 in Q2 2021.
- Funds reported $254M of BuzzFeed stock for Q3 2021, up 26% quarter-over-quarter.
- 20 funds opened new BuzzFeed positions in Q3 2021 and 12 closed out, a net change of +8 holders.
- The largest BuzzFeed buyer in Q3 2021 was Magnetar Financial, an estimated $8.73M added.
- The largest BuzzFeed seller in Q3 2021 was Kingstown Capital Management, an estimated $3.94M sold.
Based on aggregated 13F filings for Q3 2021.