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187 hedge funds and large institutions have $350M invested in GoPro in 2016 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 45 increasing their positions, 69 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

38.45% more ownership

Funds ownership: 0%38.45% (+38%)

10% less funds holding

Funds holding: 208187 (-21)

35% less repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 69

37% less first-time investments, than exits

New positions opened: 31 | Existing positions closed: 49

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

54% less capital invested

Capital invested by funds: $755M → $350M (-$405M)

55% less call options, than puts

Call options by funds: $61.5M | Put options by funds: $138M

Holders
187
Holders Change
-21
Holders Change %
-10.1%
% of All Funds
4.67%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
31
Increased
45
Reduced
69
Closed
49
Calls
$61.5M
Puts
$138M
Net Calls
-$76.5M
Net Calls Change
-$7.64M
Name Holding Trade Value Shares
Change
Change in
Stake
BA
51
BlackRock Advisors
Delaware
$810K +$462K +40,278 +76%
Royal Bank of Canada
52
Royal Bank of Canada
Ontario, Canada
$801K -$109K -9,533 -9%
RJA
53
Raymond James & Associates
Florida
$780K +$34.3K +2,988 +3%
Citigroup
54
Citigroup
New York
$753K -$395K -34,392 -28%
Creative Planning
55
Creative Planning
Kansas
$717K +$2.02K +176 +0.2%
JG
56
Jefferies Group
New York
$699K -$748K -65,200 -45%
Millennium Management
57
Millennium Management
New York
$679K +$463K +40,350 +107%
SMH
58
Sanders Morris Harris
Texas
$660K +$287K +25,000 +49%
HSBC Holdings
59
HSBC Holdings
United Kingdom
$634K +$649K +56,599 +350%
State Board of Administration of Florida Retirement System
60
State Board of Administration of Florida Retirement System
Florida
$629K
MSE
61
MUFG Securities EMEA
United Kingdom
$620K +$802K +69,910 +5,382%
Manulife (Manufacturers Life Insurance)
62
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$608K +$1.42K +124 +0.2%
MLICM
63
Metropolitan Life Insurance Company (MetLife)
New York
$599K -$57.9K -5,047 -7%
VKH
64
Virtu KCG Holdings
New York
$541K -$92.1K -8,029 -11%
LPL Financial
65
LPL Financial
California
$511K -$120K -10,447 -15%
BG
66
BlackRock Group
United Kingdom
$510K +$135K +11,750 +25%
AIG
67
American International Group
New York
$506K -$1.72K -150 -0.3%
Stifel Financial
68
Stifel Financial
Missouri
$505K -$48.1K -4,190 -7%
Norges Bank
69
Norges Bank
Norway
$492K -$3.16M -275,308 -83%
Balyasny Asset Management
70
Balyasny Asset Management
Illinois
$436K +$574K +50,000 New
Ameriprise
71
Ameriprise
Minnesota
$428K -$8.97M -782,196 -94%
HLA
72
Hamilton Lane Advisors
Pennsylvania
$428K -$115K -10,000 -17%
N
73
Natixis
France
$391K -$1.95M -169,910 -79%
BPGAM
74
BTG Pactual Global Asset Management
Bermuda
$372K -$1.33M -116,078 -73%
VOYA Investment Management
75
VOYA Investment Management
Georgia
$372K

GPRO Hedge Fund Activity: Q4 2016 in Review

187 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in GoPro (GPRO) for Q4 2016, worth a combined $350M — down 54% from $755M a quarter earlier.

Sellers outnumbered buyers: 49 funds closed out of GPRO and 31 opened new positions — a net loss of 18 holders — while 69 trimmed existing stakes and 45 added.

The largest buyer was Bank of Montreal, adding an estimated $8.7M. The largest seller was Fidelity Investments, exiting entirely with an estimated $19.3M sold.

  • 187 institutional investors held GoPro (GPRO) as of Q4 2016, down from 208 in Q3 2016.
  • Funds reported $350M of GoPro stock for Q4 2016, down 54% quarter-over-quarter.
  • 31 funds opened new GoPro positions in Q4 2016 and 49 closed out, a net change of -18 holders.
  • The largest GoPro buyer in Q4 2016 was Bank of Montreal, an estimated $8.7M added.
  • The largest GoPro seller in Q4 2016 was Fidelity Investments, an estimated $19.3M sold.

Based on aggregated 13F filings for Q4 2016.