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Costco

1,601 hedge funds and large institutions have $74.4B invested in Costco in 2018 Q3 according to their latest regulatory filings, with 127 funds opening new positions, 605 increasing their positions, 605 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

98% more first-time investments, than exits

New positions opened: 127 | Existing positions closed: 64

19% more funds holding in top 10

Funds holding in top 10: 7286 (+14)

12% more capital invested

Capital invested by funds: $66.3B → $74.4B (+$8.11B)

3% more funds holding

Funds holding: 1,5511,601 (+50)

0% more repeat investments, than reductions

Existing positions increased: 605 | Existing positions reduced: 605

0.5% less ownership

Funds ownership: 72.64%72.14% (-0.5%)

36% less call options, than puts

Call options by funds: $1.07B | Put options by funds: $1.66B

Holders
1,601
Holders Change
+50
Holders Change %
+3.22%
% of All Funds
36.6%
Holding in Top 10
86
Holding in Top 10 Change
+14
Holding in Top 10 Change %
+19.44%
% of All Funds
1.97%
New
127
Increased
605
Reduced
605
Closed
64
Calls
$1.07B
Puts
$1.66B
Net Calls
-$591M
Net Calls Change
-$209M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$8.33B +$35.8M +158,722 +0.4%
BlackRock
2
BlackRock
New York
$6.59B +$207M +919,651 +3%
State Street
3
State Street
Massachusetts
$4.06B +$125M +555,267 +3%
Capital Research Global Investors
4
Capital Research Global Investors
California
$2.57B -$238M -1,055,673 -9%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$2.49B +$10.8M +48,021 +0.5%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$2.42B -$293M -1,302,065 -11%
Capital World Investors
7
Capital World Investors
California
$2.33B +$240M +1,064,167 +12%
Bank of America
8
Bank of America
North Carolina
$1.63B +$7.46M +33,126 +0.5%
Jennison Associates
9
Jennison Associates
New York
$1.5B -$26.6M -117,953 -2%
Northern Trust
10
Northern Trust
Illinois
$1.42B -$45.3M -201,239 -3%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$1.32B +$44.2M +196,292 +4%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$1.29B -$98.8M -438,437 -7%
AllianceBernstein
13
AllianceBernstein
Tennessee
$1.11B -$103M -456,393 -9%
Invesco
14
Invesco
Georgia
$1.1B +$27.7M +122,915 +3%
Berkshire Hathaway
15
Berkshire Hathaway
Nebraska
$1.02B
Morgan Stanley
16
Morgan Stanley
New York
$962M -$30.1M -133,483 -3%
Wells Fargo
17
Wells Fargo
California
$922M -$68.9M -306,000 -7%
Norges Bank
18
Norges Bank
Norway
$921M +$970K +4,307 +0.1%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$723M -$16.5M -73,412 -2%
TCIM
20
TIAA CREF Investment Management
New York
$718M -$8.74M -38,797 -1%
Fisher Asset Management
21
Fisher Asset Management
Washington
$630M +$18.7M +82,875 +3%
Goldman Sachs
22
Goldman Sachs
New York
$625M +$111M +492,803 +23%
Massachusetts Financial Services
23
Massachusetts Financial Services
Massachusetts
$620M -$1.23M -5,446 -0.2%
Ameriprise
24
Ameriprise
Minnesota
$589M -$208M -922,092 -33%
Capital International Investors
25
Capital International Investors
California
$571M +$119M +527,864 +28%

COST Hedge Fund Activity: Q3 2018 in Review

1,601 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Costco (COST) for Q3 2018, worth a combined $74.4B — up 12% from $66.3B a quarter earlier.

Buyers outnumbered sellers: 127 funds opened new COST positions and 64 closed out — a net gain of 63 holders — while 605 added to existing stakes and 605 trimmed.

The largest buyer was AQR Capital Management, adding an estimated $345M. The largest seller was Magellan Asset Management, exiting entirely with an estimated $816M sold.

  • 1,601 institutional investors held Costco (COST) as of Q3 2018, up from 1,551 in Q2 2018.
  • Funds reported $74.4B of Costco stock for Q3 2018, up 12% quarter-over-quarter.
  • 127 funds opened new Costco positions in Q3 2018 and 64 closed out, a net change of +63 holders.
  • The largest Costco buyer in Q3 2018 was AQR Capital Management, an estimated $345M added.
  • The largest Costco seller in Q3 2018 was Magellan Asset Management, an estimated $816M sold.

Based on aggregated 13F filings for Q3 2018.