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H&R Block

384 hedge funds and large institutions have $6.36B invested in H&R Block in 2013 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 148 increasing their positions, 135 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

74% more call options, than puts

Call options by funds: $142M | Put options by funds: $81.4M

32% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 37

2% more funds holding

Funds holding: 376384 (+8)

1.51% more ownership

Funds ownership: 85.81%87.32% (+1.5%)

10% more repeat investments, than reductions

Existing positions increased: 148 | Existing positions reduced: 135

2% less capital invested

Capital invested by funds: $6.49B → $6.36B (-$131M)

12% less funds holding in top 10

Funds holding in top 10: 1715 (-2)

Holders
384
Holders Change
+8
Holders Change %
+2.13%
% of All Funds
12.45%
Holding in Top 10
15
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-11.76%
% of All Funds
0.49%
New
49
Increased
148
Reduced
135
Closed
37
Calls
$142M
Puts
$81.4M
Net Calls
+$60.4M
Net Calls Change
-$23.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$729M +$190M +6,523,906 +31%
Vanguard Group
2
Vanguard Group
Pennsylvania
$507M +$44.1M +1,514,314 +9%
Viking Global Investors
3
Viking Global Investors
Connecticut
$433M -$168M -5,766,128 -26%
State Street
4
State Street
Massachusetts
$353M +$51.1M +1,755,378 +15%
Artisan Partners
5
Artisan Partners
Wisconsin
$254M -$13.1M -451,427 -5%
HCM
6
Hoplite Capital Management
New York
$222M +$37.6M +1,292,686 +18%
AIG
7
American International Group
New York
$195M +$327K +11,231 +0.2%
BIT
8
BlackRock Institutional Trust
California
$188M -$2.74M -94,046 -1%
JHIU
9
Janus Henderson Investors US
Colorado
$188M +$37.4M +1,285,332 +22%
First Eagle Investment Management
10
First Eagle Investment Management
New York
$150M +$2.21M +75,779 +1%
MCMC
11
Matrix Capital Management Company
New Hampshire
$149M +$17.5M +600,000 +12%
SC
12
Sculptor Capital
New York
$101M +$25.8M +886,217 +30%
Northern Trust
13
Northern Trust
Illinois
$98.4M -$9.85M -338,357 -8%
SCA
14
Southpoint Capital Advisors
New York
$93.3M +$14.6M +500,000 +17%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$92.2M -$53.8M -1,847,194 -35%
BFA
16
BlackRock Fund Advisors
California
$80.7M +$2.08M +71,295 +2%
Renaissance Technologies
17
Renaissance Technologies
New York
$70M +$28.7M +984,400 +60%
D.E. Shaw & Co
18
D.E. Shaw & Co
New York
$70M +$47.6M +1,633,684 +165%
Invesco
19
Invesco
Georgia
$69.5M +$248K +8,510 +0.3%
AA
20
Antipodean Advisors
New York
$67.6M -$46.5M -1,599,127 -39%
CC
21
Cannell & Co
New York
$66.4M +$16.7M +575,079 +30%
LPC
22
Lone Pine Capital
Connecticut
$61.4M -$155M -5,332,200 -70%
JP Morgan Chase
23
JP Morgan Chase
New York
$60.6M +$11.5M +394,877 +21%
Deutsche Bank
24
Deutsche Bank
Germany
$59.8M +$4.7M +161,320 +8%
Norges Bank
25
Norges Bank
Norway
$58.9M -$1.32M -45,186 -2%

HRB Hedge Fund Activity: Q3 2013 in Review

384 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in H&R Block (HRB) for Q3 2013, worth a combined $6.36B — down 2% from $6.49B a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new HRB positions and 37 closed out — a net gain of 12 holders — while 148 added to existing stakes and 135 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $190M. The largest seller was Viking Global Investors, cutting an estimated $168M.

  • 384 institutional investors held H&R Block (HRB) as of Q3 2013, up from 376 in Q2 2013.
  • Funds reported $6.36B of H&R Block stock for Q3 2013, down 2% quarter-over-quarter.
  • 49 funds opened new H&R Block positions in Q3 2013 and 37 closed out, a net change of +12 holders.
  • The largest H&R Block buyer in Q3 2013 was Fidelity Investments, an estimated $190M added.
  • The largest H&R Block seller in Q3 2013 was Viking Global Investors, an estimated $168M sold.

Based on aggregated 13F filings for Q3 2013.