HP
784 hedge funds and large institutions have $20.7B invested in HP in 2016 Q3 according to their latest regulatory filings, with 68 funds opening new positions, 308 increasing their positions, 276 reducing their positions, and 53 closing their positions.
57% more funds holding in top 10
Funds holding in top 10: 7 → 11 (+4)
28% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 53
22% more capital invested
Capital invested by funds: $17B → $20.7B (+$3.68B)
12% more repeat investments, than reductions
Existing positions increased: 308 | Existing positions reduced: 276
1% more funds holding
Funds holding: 778 → 784 (+6)
0.96% less ownership
Funds ownership: 79.55% → 78.59% (-0.96%)
30% less call options, than puts
Call options by funds: $134M | Put options by funds: $191M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$161M |
| 2 |
Goldman Sachs
New York
|
+$108M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$67.4M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$64.6M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$58.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$435M |
| 2 |
Dodge & Cox
San Francisco,
California
|
-$362M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$124M |
| 4 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$104M |
| 5 |
Pzena Investment Management
New York
|
-$51.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CT
826
Cambridge Trust
Cambridge,
Massachusetts
| – | -$133K | -10,581 | Closed |
|
|
MCM
827
MAI Capital Management
Independence,
Ohio
| – | -$130K | -10,332 | Closed |
|
|
SGK
828
Steigerwald Gordon & Koch
Leesburg,
Virginia
| – | -$127K | -10,149 | Closed |
|
|
ONB
829
Old National Bancorp
Evansville,
Indiana
| – | -$126K | -10,068 | Closed |
|
830
Acadian Asset Management
Boston,
Massachusetts
| – | -$126K | -10,010 | Closed |
|
|
EA
831
Euclid Advisors
Hartford,
Connecticut
| – | -$97K | -7,740 | Closed |
|
|
SIG
832
Schooner Investment Group
Wayne,
Pennsylvania
| – | -$64K | -5,000 | Closed |
|
|
SCM
833
Southport Capital Management
Chattanooga,
Tennessee
| – | -$61K | -4,885 | Closed |
|
|
KTC
834
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| – | -$17K | -1,326 | Closed |
|
|
UMA
835
USA Mutuals Advisors
Dallas,
Texas
| – | -$3K | -226 | Closed |
|
|
CIM
836
Contravisory Investment Management
Norwell,
Massachusetts
| – | -$2K | -150 | Closed |
|
|
CP
837
Corbenic Partners
Bethlehem,
Pennsylvania
| – | -$1.8K | -126 | -99% |
|
|
WC
838
Whitnell & Co
Oak Brook,
Illinois
| – | +$100 | +7 | New |
|
HPQ Hedge Fund Activity: Q3 2016 in Review
784 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in HP (HPQ) for Q3 2016, worth a combined $20.7B — up 22% from $17B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new HPQ positions and 53 closed out — a net gain of 15 holders — while 308 added to existing stakes and 276 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $161M. The largest seller was Franklin Resources, cutting an estimated $435M.
- 784 institutional investors held HP (HPQ) as of Q3 2016, up from 778 in Q2 2016.
- Funds reported $20.7B of HP stock for Q3 2016, up 22% quarter-over-quarter.
- 68 funds opened new HP positions in Q3 2016 and 53 closed out, a net change of +15 holders.
- The largest HP buyer in Q3 2016 was AQR Capital Management, an estimated $161M added.
- The largest HP seller in Q3 2016 was Franklin Resources, an estimated $435M sold.
Based on aggregated 13F filings for Q3 2016.