Costco
COST
990 hedge funds and large institutions have $36.6B invested in Costco in 2014 Q1 according to their latest regulatory filings, with 76 funds opening new positions, 426 increasing their positions, 342 reducing their positions, and 72 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 426 | Existing positions reduced: 342
6% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 72
1% less funds holding
Funds holding: 996 → 990 (-6)
7% less capital invested
Capital invested by funds: $39.4B → $36.6B (-$2.8B)
11% less funds holding in top 10
Funds holding in top 10: 27 → 24 (-3)
21% less call options, than puts
Call options by funds: $371M | Put options by funds: $471M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$269M |
| 2 |
JP Morgan Chase
New York
|
+$136M |
| 3 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$95.2M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$87.7M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$396M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$188M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$187M |
| 4 |
Renaissance Technologies
New York
|
-$184M |
| 5 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$129M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WCM
1051
Windsor Capital Management
Phoenix,
Arizona
| – | -$24K | -200 | Closed |
|
|
SHWM
1052
Smith & Howard Wealth Management
Atlanta,
Georgia
| – | -$18K | -150 | Closed |
|
|
BCI
1053
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$16K | -134 | Closed |
|
|
OSAM
1054
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$13K | -112 | Closed |
|
1055
Group One Trading
Chicago,
Illinois
| – | -$12K | -100 | Closed |
|
|
ITIM
1056
Indiana Trust & Investment Management
Mishawaka,
Indiana
| – | -$11K | -95 | Closed |
|
|
EU
1057
Emory University
Atlanta,
Georgia
| – | -$7K | -62 | Closed |
|
|
FA
1058
Financial Advantage
Columbia,
Maryland
| – | -$6K | -52 | Closed |
|
|
LWA
1059
Lenox Wealth Advisors
New York
| – | -$6K | -50 | Closed |
|
|
PMFA
1060
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$2K | -14 | Closed |
|
|
BWFA
1061
Baltimore-Washington Financial Advisors
Columbia,
Maryland
| – | -$1K | -10 | Closed |
|
|
FPCG
1062
Fort Pitt Capital Group
Pittsburgh,
Pennsylvania
| – | -$202 | -2 | Closed |
|
COST Hedge Fund Activity: Q1 2014 in Review
990 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Costco (COST) for Q1 2014, worth a combined $36.6B — down 7.1% from $39.4B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new COST positions and 72 closed out — a net gain of 4 holders — while 426 added to existing stakes and 342 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $269M. The largest seller was Capital World Investors, cutting an estimated $396M.
- 990 institutional investors held Costco (COST) as of Q1 2014, down from 996 in Q4 2013.
- Funds reported $36.6B of Costco stock for Q1 2014, down 7.1% quarter-over-quarter.
- 76 funds opened new Costco positions in Q1 2014 and 72 closed out, a net change of +4 holders.
- The largest Costco buyer in Q1 2014 was Neuberger Berman Group, an estimated $269M added.
- The largest Costco seller in Q1 2014 was Capital World Investors, an estimated $396M sold.
Based on aggregated 13F filings for Q1 2014.