ConocoPhillips
COP
1,308 hedge funds and large institutions have $31.7B invested in ConocoPhillips in 2016 Q1 according to their latest regulatory filings, with 88 funds opening new positions, 454 increasing their positions, 627 reducing their positions, and 144 closing their positions.
54% more funds holding in top 10
Funds holding in top 10: 13 → 20 (+7)
6% less call options, than puts
Call options by funds: $654M | Put options by funds: $696M
3.16% less ownership
Funds ownership: 66.8% → 63.64% (-3.2%)
5% less funds holding
Funds holding: 1,380 → 1,308 (-72)
18% less capital invested
Capital invested by funds: $38.5B → $31.7B (-$6.81B)
28% less repeat investments, than reductions
Existing positions increased: 454 | Existing positions reduced: 627
39% less first-time investments, than exits
New positions opened: 88 | Existing positions closed: 144
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$671M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$171M |
| 3 |
Millennium Management
New York
|
+$164M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$164M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$103M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$649M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$558M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$280M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$191M |
| 5 |
EIP
Epoch Investment Partners
New York
|
-$181M |
COP Hedge Fund Activity: Q1 2016 in Review
1,308 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in ConocoPhillips (COP) for Q1 2016, worth a combined $31.7B — down 18% from $38.5B a quarter earlier.
Sellers outnumbered buyers: 144 funds closed out of COP and 88 opened new positions — a net loss of 56 holders — while 627 trimmed existing stakes and 454 added.
The largest buyer was Fidelity Investments, adding an estimated $671M. The largest seller was Bank of America, cutting an estimated $649M.
- 1,308 institutional investors held ConocoPhillips (COP) as of Q1 2016, down from 1,380 in Q4 2015.
- Funds reported $31.7B of ConocoPhillips stock for Q1 2016, down 18% quarter-over-quarter.
- 88 funds opened new ConocoPhillips positions in Q1 2016 and 144 closed out, a net change of -56 holders.
- The largest ConocoPhillips buyer in Q1 2016 was Fidelity Investments, an estimated $671M added.
- The largest ConocoPhillips seller in Q1 2016 was Bank of America, an estimated $649M sold.
Based on aggregated 13F filings for Q1 2016.