GoPro
GPRO
187 hedge funds and large institutions have $350M invested in GoPro in 2016 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 45 increasing their positions, 70 reducing their positions, and 49 closing their positions.
38.45% more ownership
Funds ownership: 0% → 38.45% (+38%)
11% less funds holding
Funds holding: 209 → 187 (-22)
36% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 70
39% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 49
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
55% less capital invested
Capital invested by funds: $771M → $350M (-$421M)
55% less call options, than puts
Call options by funds: $61.5M | Put options by funds: $138M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$8.7M |
| 2 |
JP Morgan Chase
New York
|
+$6.71M |
| 3 |
Barclays
London,
United Kingdom
|
+$6.58M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.95M |
| 5 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$5.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$19.3M |
| 2 |
D.E. Shaw & Co
New York
|
-$13.2M |
| 3 |
TA
Teachers Advisors
New York
|
-$10.6M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.97M |
| 5 |
TCM
Tekne Capital Management
New York
|
-$8.95M |
GPRO Hedge Fund Activity: Q4 2016 in Review
187 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in GoPro (GPRO) for Q4 2016, worth a combined $350M — down 55% from $771M a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of GPRO and 30 opened new positions — a net loss of 19 holders — while 70 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 209 in Q3 2016.
- Funds reported $350M of GoPro stock for Q4 2016, down 55% quarter-over-quarter.
- 30 funds opened new GoPro positions in Q4 2016 and 49 closed out, a net change of -19 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.