GoPro
GPRO
207 hedge funds and large institutions have $1.05B invested in GoPro in 2021 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 51 increasing their positions, 64 reducing their positions, and 42 closing their positions.
85% more call options, than puts
Call options by funds: $91.2M | Put options by funds: $49.2M
56% more capital invested
Capital invested by funds: $673M → $1.05B (+$380M)
7.14% more ownership
Funds ownership: 66.65% → 73.79% (+7.1%)
10% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 42
1% more funds holding
Funds holding: 205 → 207 (+2)
20% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 64
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$70.4M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$58.1M |
| 3 |
Renaissance Technologies
New York
|
+$22.8M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$19M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
-$45.1M |
| 2 |
PCM
Prentice Capital Management
Greenwich,
Connecticut
|
-$38.4M |
| 3 |
CA
Corriente Advisors
Fort Worth,
Texas
|
-$27.7M |
| 4 |
FA
Friess Associates
Greenville,
Delaware
|
-$21.7M |
| 5 |
Millennium Management
New York
|
-$15.3M |
GPRO Hedge Fund Activity: Q1 2021 in Review
207 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in GoPro (GPRO) for Q1 2021, worth a combined $1.05B — up 56% from $673M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new GPRO positions and 42 closed out — a net gain of 4 holders — while 51 added to existing stakes and 64 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $70.4M. The largest seller was Maverick Capital, cutting an estimated $45.1M.
- 207 institutional investors held GoPro (GPRO) as of Q1 2021, up from 205 in Q4 2020.
- Funds reported $1.05B of GoPro stock for Q1 2021, up 56% quarter-over-quarter.
- 46 funds opened new GoPro positions in Q1 2021 and 42 closed out, a net change of +4 holders.
- The largest GoPro buyer in Q1 2021 was Fidelity Investments, an estimated $70.4M added.
- The largest GoPro seller in Q1 2021 was Maverick Capital, an estimated $45.1M sold.
Based on aggregated 13F filings for Q1 2021.