GoPro
GPRO
212 hedge funds and large institutions have $407M invested in GoPro in 2016 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 59 increasing their positions, 74 reducing their positions, and 46 closing their positions.
4% less funds holding
Funds holding: 220 → 212 (-8)
11% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 46
20% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 74
33% less call options, than puts
Call options by funds: $87.9M | Put options by funds: $131M
46% less capital invested
Capital invested by funds: $760M → $407M (-$352M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$22.7M |
| 2 |
Capital Fund Management (CFM)
Paris,
France
|
+$18.1M |
| 3 |
Barclays
London,
United Kingdom
|
+$14.2M |
| 4 |
Renaissance Technologies
New York
|
+$3.68M |
| 5 |
JP Morgan Chase
New York
|
+$2.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
-$32.2M |
| 2 |
HCM
Hoplite Capital Management
New York
|
-$19.6M |
| 3 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$14.9M |
| 4 |
SC
Samlyn Capital
New York
|
-$14.6M |
| 5 |
Two Sigma Investments
New York
|
-$12.2M |
GPRO Hedge Fund Activity: Q1 2016 in Review
212 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in GoPro (GPRO) for Q1 2016, worth a combined $407M — down 46% from $760M a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of GPRO and 41 opened new positions — a net loss of 5 holders — while 74 trimmed existing stakes and 59 added.
The largest buyer was AQR Capital Management, adding an estimated $22.7M. The largest seller was Coatue Management, cutting an estimated $32.2M.
- 212 institutional investors held GoPro (GPRO) as of Q1 2016, down from 220 in Q4 2015.
- Funds reported $407M of GoPro stock for Q1 2016, down 46% quarter-over-quarter.
- 41 funds opened new GoPro positions in Q1 2016 and 46 closed out, a net change of -5 holders.
- The largest GoPro buyer in Q1 2016 was AQR Capital Management, an estimated $22.7M added.
- The largest GoPro seller in Q1 2016 was Coatue Management, an estimated $32.2M sold.
Based on aggregated 13F filings for Q1 2016.