GoPro
GPRO
179 hedge funds and large institutions have $199M invested in GoPro in 2018 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 43 increasing their positions, 46 reducing their positions, and 36 closing their positions.
3.41% more ownership
Funds ownership: 34.27% → 37.68% (+3.4%)
3% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 36
0% more funds holding
Funds holding: 179 → 179 (0)
7% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 46
30% less capital invested
Capital invested by funds: $284M → $199M (-$84.6M)
60% less call options, than puts
Call options by funds: $16.3M | Put options by funds: $41.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5.85M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.48M |
| 3 |
Renaissance Technologies
New York
|
+$4.45M |
| 4 |
JP Morgan Chase
New York
|
+$3.95M |
| 5 |
BlackRock
New York
|
+$3.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
-$6.62M |
| 2 |
Millennium Management
New York
|
-$3.83M |
| 3 |
First Eagle Investment Management
New York
|
-$2.57M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$2.32M |
| 5 |
ARTA
A.R.T. Advisors
New York
|
-$2.25M |
GPRO Hedge Fund Activity: Q1 2018 in Review
179 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in GoPro (GPRO) for Q1 2018, worth a combined $199M — down 30% from $284M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new GPRO positions and 36 closed out — a net gain of 1 holder — while 43 added to existing stakes and 46 trimmed.
The largest buyer was Bank of America, adding an estimated $5.85M. The largest seller was Fred Alger Management, exiting entirely with an estimated $6.62M sold.
- 179 institutional investors held GoPro (GPRO) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $199M of GoPro stock for Q1 2018, down 30% quarter-over-quarter.
- 37 funds opened new GoPro positions in Q1 2018 and 36 closed out, a net change of +1 holder.
- The largest GoPro buyer in Q1 2018 was Bank of America, an estimated $5.85M added.
- The largest GoPro seller in Q1 2018 was Fred Alger Management, an estimated $6.62M sold.
Based on aggregated 13F filings for Q1 2018.