GoPro
GPRO
222 hedge funds and large institutions have $476M invested in GoPro in 2019 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 51 increasing their positions, 60 reducing their positions, and 31 closing their positions.
82% more capital invested
Capital invested by funds: $262M → $476M (+$214M)
39% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 31
9.92% more ownership
Funds ownership: 54.06% → 63.98% (+9.9%)
5% more funds holding
Funds holding: 211 → 222 (+11)
15% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 60
44% less call options, than puts
Call options by funds: $23.7M | Put options by funds: $42.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$19.5M |
| 2 |
JP Morgan Chase
New York
|
+$10.1M |
| 3 |
Two Sigma Investments
New York
|
+$10M |
| 4 |
Millennium Management
New York
|
+$8.76M |
| 5 |
MC
Maverick Capital
Dallas,
Texas
|
+$8.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$7.98M |
| 2 |
Morgan Stanley
New York
|
-$6.94M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$5.79M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$4.22M |
| 5 |
Barclays
London,
United Kingdom
|
-$3.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
226
Tower Research Capital (TRC)
New York
| – | -$968 | -173 | -87% |
|
|
OWA
227
One Wealth Advisors
San Francisco,
California
| – | +$140 | +25 | New |
|
|
IRC
228
Investors Research Corp
Atlanta,
Georgia
| – | +$179 | +32 | New |
|
|
SF
229
Synovus Financial
Columbus,
Georgia
| – | +$179 | +32 | New |
|
230
Fidelity Investments
Boston,
Massachusetts
| – | +$280 | +50 | New |
|
GPRO Hedge Fund Activity: Q1 2019 in Review
222 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in GoPro (GPRO) for Q1 2019, worth a combined $476M — up 82% from $262M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new GPRO positions and 31 closed out — a net gain of 12 holders — while 51 added to existing stakes and 60 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $19.5M. The largest seller was Gilder Gagnon Howe & Co, exiting entirely with an estimated $7.98M sold.
- 222 institutional investors held GoPro (GPRO) as of Q1 2019, up from 211 in Q4 2018.
- Funds reported $476M of GoPro stock for Q1 2019, up 82% quarter-over-quarter.
- 43 funds opened new GoPro positions in Q1 2019 and 31 closed out, a net change of +12 holders.
- The largest GoPro buyer in Q1 2019 was D.E. Shaw & Co, an estimated $19.5M added.
- The largest GoPro seller in Q1 2019 was Gilder Gagnon Howe & Co, an estimated $7.98M sold.
Based on aggregated 13F filings for Q1 2019.