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728 hedge funds and large institutions have $21.1B invested in GSK in 2014 Q4 according to their latest regulatory filings, with 106 funds opening new positions, 282 increasing their positions, 242 reducing their positions, and 70 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more call options, than puts

Call options by funds: $202M | Put options by funds: $124M

61% more capital invested

Capital invested by funds: $13.1B → $21.1B (+$7.96B)

51% more first-time investments, than exits

New positions opened: 106 | Existing positions closed: 70

29% more funds holding in top 10

Funds holding in top 10: 79 (+2)

17% more repeat investments, than reductions

Existing positions increased: 282 | Existing positions reduced: 242

4% more funds holding

Funds holding: 701728 (+27)

0.24% less ownership

Funds ownership: 4.41%4.18% (-0.24%)

Holders
728
Holders Change
+27
Holders Change %
+3.85%
% of All Funds
19.41%
Holding in Top 10
9
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+28.57%
% of All Funds
0.24%
New
106
Increased
282
Reduced
242
Closed
70
Calls
$202M
Puts
$124M
Net Calls
+$77.4M
Net Calls Change
+$12.2M
Name Holding Trade Value Shares
Change
Change in
Stake
LTI
1
Laffer Tengler Investments
Tennessee
$10.2B -$10.4M -185,718 Closed
Dodge & Cox
2
Dodge & Cox
California
$1.02B -$655M -11,703,888 -38%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$587M +$10.6M +188,872 +2%
Hotchkis & Wiley Capital Management
4
Hotchkis & Wiley Capital Management
California
$522M +$63.1M +1,127,457 +13%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$484M +$74.5M +1,331,432 +17%
Fisher Asset Management
6
Fisher Asset Management
Washington
$460M -$32.4M -578,872 -6%
State Street
7
State Street
Massachusetts
$458M -$3.37M -60,294 -0.7%
Wells Fargo
8
Wells Fargo
California
$411M +$26.1M +467,323 +6%
T. Rowe Price Associates
9
T. Rowe Price Associates
Maryland
$358M +$2.26M +40,376 +0.6%
Invesco
10
Invesco
Georgia
$341M +$10.9M +195,108 +3%
Allianz Asset Management
11
Allianz Asset Management
Germany
$321M -$2.59M -46,340 -0.8%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$268M -$6.3M -112,691 -2%
WRF
13
Waddell & Reed Financial
Kansas
$266M +$238M +4,252,424 +588%
Renaissance Technologies
14
Renaissance Technologies
New York
$257M -$36.7M -656,640 -12%
Federated Hermes
15
Federated Hermes
Pennsylvania
$230M +$20.3M +363,525 +9%
Primecap Management
16
Primecap Management
California
$208M -$62.7K -1,120 -0%
Morgan Stanley
17
Morgan Stanley
New York
$179M -$6.15M -109,883 -3%
Bank of America
18
Bank of America
North Carolina
$178M -$302M -5,401,868 -62%
BIP
19
Brandes Investment Partners
California
$140M -$5.99M -107,150 -4%
SOMRS
20
State of Michigan Retirement System
Michigan
$137M +$119M +2,134,400 +489%
Macquarie Group
21
Macquarie Group
Australia
$137M -$10.1M -180,293 -7%
MAA
22
Managed Account Advisors
New Jersey
$109M -$81.3M -1,453,165 -42%
JP Morgan Chase
23
JP Morgan Chase
New York
$102M +$21.5M +384,166 +25%
ClearBridge Investments
24
ClearBridge Investments
New York
$98.2M -$5.98M -106,922 -5%
BTS
25
BB&T Securities
Virginia
$96.1M +$2.01M +35,989 +25%

GSK Hedge Fund Activity: Q4 2014 in Review

728 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in GSK (GSK) for Q4 2014, worth a combined $21.1B — up 61% from $13.1B a quarter earlier.

Buyers outnumbered sellers: 106 funds opened new GSK positions and 70 closed out — a net gain of 36 holders — while 282 added to existing stakes and 242 trimmed.

The largest buyer was Waddell & Reed Financial, adding an estimated $238M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $740M sold.

  • 728 institutional investors held GSK (GSK) as of Q4 2014, up from 701 in Q3 2014.
  • Funds reported $21.1B of GSK stock for Q4 2014, up 61% quarter-over-quarter.
  • 106 funds opened new GSK positions in Q4 2014 and 70 closed out, a net change of +36 holders.
  • The largest GSK buyer in Q4 2014 was Waddell & Reed Financial, an estimated $238M added.
  • The largest GSK seller in Q4 2014 was Americafirst Capital Management, an estimated $740M sold.

Based on aggregated 13F filings for Q4 2014.