GoPro
GPRO
181 hedge funds and large institutions have $339M invested in GoPro in 2019 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 57 increasing their positions, 41 reducing their positions, and 50 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 41
11.22% less ownership
Funds ownership: 63.35% → 52.13% (-11%)
15% less funds holding
Funds holding: 212 → 181 (-31)
18% less call options, than puts
Call options by funds: $27.7M | Put options by funds: $33.9M
20% less capital invested
Capital invested by funds: $422M → $339M (-$82.7M)
60% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$8.62M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$6.64M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$4.69M |
| 4 |
TGM
Tenzing Global Management
San Francisco,
California
|
+$4.46M |
| 5 |
BlackRock
New York
|
+$3.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$13.3M |
| 2 |
Two Sigma Advisers
New York
|
-$12.6M |
| 3 |
Millennium Management
New York
|
-$10.7M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$8.49M |
| 5 |
Renaissance Technologies
New York
|
-$8.39M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Credit Agricole
Montrouge Cedex,
France
| – | -$11K | -2,000 | Closed |
|
|
CFG
202
Citizens Financial Group
Providence,
Rhode Island
| – | -$10K | -1,900 | Closed |
|
|
TPWA
203
TRUE Private Wealth Advisors
Salem,
Oregon
| – | -$5K | -1,000 | Closed |
|
|
AP
204
Arlington Partners
Birmingham,
Alabama
| – | -$5K | -926 | Closed |
|
|
PCM
205
Prelude Capital Management
New York
| – | -$3.29K | -700 | Closed |
|
|
RFA
206
Reilly Financial Advisors
La Mesa,
California
| – | -$2K | -330 | Closed |
|
|
CAGAS
207
Capital Advisory Group Advisory Services
Bloomington,
Minnesota
| – | -$2K | -320 | Closed |
|
|
FRA
208
Front Row Advisors
Tiburon,
California
| – | -$1K | -200 | Closed |
|
|
EWM
209
Executive Wealth Management
Brighton,
Michigan
| – | -$1K | -100 | Closed |
|
|
FPFS
210
First Personal Financial Services
Charlotte,
North Carolina
| – | -$1K | -100 | Closed |
|
|
FA
211
Fortis Advisors
Wayne,
Pennsylvania
| – | -$1K | -100 | Closed |
|
|
AF
212
Advisornet Financial
Minnetonka,
Minnesota
| – | +$235 | +50 | New |
|
GPRO Hedge Fund Activity: Q3 2019 in Review
181 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in GoPro (GPRO) for Q3 2019, worth a combined $339M — down 20% from $422M a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of GPRO and 20 opened new positions — a net loss of 30 holders — while 41 trimmed existing stakes and 57 added.
The largest buyer was JP Morgan Chase, adding an estimated $8.62M. The largest seller was Two Sigma Investments, exiting entirely with an estimated $13.3M sold.
- 181 institutional investors held GoPro (GPRO) as of Q3 2019, down from 212 in Q2 2019.
- Funds reported $339M of GoPro stock for Q3 2019, down 20% quarter-over-quarter.
- 20 funds opened new GoPro positions in Q3 2019 and 50 closed out, a net change of -30 holders.
- The largest GoPro buyer in Q3 2019 was JP Morgan Chase, an estimated $8.62M added.
- The largest GoPro seller in Q3 2019 was Two Sigma Investments, an estimated $13.3M sold.
Based on aggregated 13F filings for Q3 2019.