H&R Block
396 hedge funds and large institutions have $4.32B invested in H&R Block in 2023 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 117 increasing their positions, 161 reducing their positions, and 75 closing their positions.
5.52% less ownership
Funds ownership: 94.41% → 88.89% (-5.5%)
6% less funds holding
Funds holding: 422 → 396 (-26)
15% less capital invested
Capital invested by funds: $5.07B → $4.32B (-$749M)
23% less call options, than puts
Call options by funds: $27.7M | Put options by funds: $36M
27% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 161
31% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 75
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$48.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$35.3M |
| 3 |
Millennium Management
New York
|
+$33.2M |
| 4 |
Man Group
London,
United Kingdom
|
+$21.1M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$20.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$155M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$39M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$33.6M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$33M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$28.9M |
HRB Hedge Fund Activity: Q2 2023 in Review
396 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in H&R Block (HRB) for Q2 2023, worth a combined $4.32B — down 15% from $5.07B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of HRB and 52 opened new positions — a net loss of 23 holders — while 161 trimmed existing stakes and 117 added.
The largest buyer was Lazard Asset Management, adding an estimated $48.9M. The largest seller was Wellington Management Group, cutting an estimated $155M.
- 396 institutional investors held H&R Block (HRB) as of Q2 2023, down from 422 in Q1 2023.
- Funds reported $4.32B of H&R Block stock for Q2 2023, down 15% quarter-over-quarter.
- 52 funds opened new H&R Block positions in Q2 2023 and 75 closed out, a net change of -23 holders.
- The largest H&R Block buyer in Q2 2023 was Lazard Asset Management, an estimated $48.9M added.
- The largest H&R Block seller in Q2 2023 was Wellington Management Group, an estimated $155M sold.
Based on aggregated 13F filings for Q2 2023.