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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
Vanguard Group
1
Vanguard Group
Pennsylvania
$55M +$3.15M +274,934 +5%
BFA
2
BlackRock Fund Advisors
California
$27.6M +$5.95M +518,679 +20%
BIT
3
BlackRock Institutional Trust
California
$21.7M -$774K -67,471 -3%
BRC
4
Blue Ridge Capital
New York
$15.3M -$1.89M -165,000 -9%
State Street
5
State Street
Massachusetts
$15.1M +$971K +84,601 +5%
Morgan Stanley
6
Morgan Stanley
New York
$14.4M +$320K +27,890 +2%
Barclays
7
Barclays
United Kingdom
$12.9M +$6.58M +573,655 +63%
Susquehanna International Group
8
Susquehanna International Group
Pennsylvania
$12.5M -$326K -28,424 -2%
PA
9
Pinnacle Associates
New York
$12.1M -$1.82M -158,740 -10%
Bank of Montreal
10
Bank of Montreal
Ontario, Canada
$10.4M +$8.7M +757,886 +262%
Northern Trust
11
Northern Trust
Illinois
$10.4M +$803K +70,008 +6%
SC
12
Sageview Capital
Connecticut
$8.71M
Geode Capital Management
13
Geode Capital Management
Massachusetts
$6.39M +$600K +52,259 +8%
WC
14
Weatherbie Capital
Massachusetts
$6.39M +$3.15M +274,674 +60%
CA
15
Commerzbank Aktiengesellschaft
Germany
$6.33M +$5.41M +471,340 +185%
JP Morgan Chase
16
JP Morgan Chase
New York
$5.13M +$6.71M +584,461 +14,238%
Bank of America
17
Bank of America
North Carolina
$5.11M -$2.18M -190,159 -24%
SC
18
Sculptor Capital
New York
$4.93M +$420K +36,600 +7%
CS
19
Credit Suisse
Switzerland
$4.74M -$485K -42,305 -7%
First Eagle Investment Management
20
First Eagle Investment Management
New York
$4.72M +$599K +52,200 +11%
HCM
21
Hodges Capital Management
Texas
$4.62M +$2.78M +242,400 +84%
Citadel Advisors
22
Citadel Advisors
Florida
$4.3M +$3.03M +263,999 +115%
UBS Group
23
UBS Group
Switzerland
$4.18M +$245K +21,318 +5%
Goldman Sachs
24
Goldman Sachs
New York
$4.01M +$2.2M +191,744 +71%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$3.89M -$3.37K -294 -0.1%

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.