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H&R Block

464 hedge funds and large institutions have $10.8B invested in H&R Block in 2015 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 156 increasing their positions, 161 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

138% more funds holding in top 10

Funds holding in top 10: 819 (+11)

71% more call options, than puts

Call options by funds: $366M | Put options by funds: $214M

51% more capital invested

Capital invested by funds: $7.15B → $10.8B (+$3.63B)

42% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 53

5% more funds holding

Funds holding: 444464 (+20)

1.96% more ownership

Funds ownership: 87.78%89.74% (+2%)

3% less repeat investments, than reductions

Existing positions increased: 156 | Existing positions reduced: 161

Holders
464
Holders Change
+20
Holders Change %
+4.5%
% of All Funds
12.95%
Holding in Top 10
19
Holding in Top 10 Change
+11
Holding in Top 10 Change %
+137.5%
% of All Funds
0.53%
New
75
Increased
156
Reduced
161
Closed
53
Calls
$366M
Puts
$214M
Net Calls
+$152M
Net Calls Change
-$77.4M
Name Holding Trade Value Shares
Change
Change in
Stake
LTI
1
Laffer Tengler Investments
Tennessee
$1.82B -$1.7M -50,320 Closed
Vanguard Group
2
Vanguard Group
Pennsylvania
$832M -$27M -798,710 -3%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$614M +$46.1M +1,361,350 +9%
Caisse de Depot et Placement du Quebec (CDPQ)
4
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$476M +$41.9M +1,236,100 +10%
State Street
5
State Street
Massachusetts
$410M +$799K +23,590 +0.2%
AIG
6
American International Group
New York
$341M +$1.27M +37,565 +0.4%
First Manhattan
7
First Manhattan
New York
$278M +$8.71M +257,146 +3%
BIT
8
BlackRock Institutional Trust
California
$258M -$1.39M -41,117 -0.6%
Boston Partners
9
Boston Partners
Massachusetts
$238M -$10.1M -298,888 -4%
BG
10
BlackRock Group
United Kingdom
$231M +$43.6M +1,288,764 +25%
First Eagle Investment Management
11
First Eagle Investment Management
New York
$209M -$2.82M -83,375 -1%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$202M -$60.3M -1,780,980 -24%
Artisan Partners
13
Artisan Partners
Wisconsin
$187M -$71.1M -2,100,336 -29%
CGI
14
CI Global Investments
California
$184M -$46.3M -1,367,943 -21%
Northern Trust
15
Northern Trust
Illinois
$154M -$2.36M -69,715 -2%
BFA
16
BlackRock Fund Advisors
California
$148M +$2.99M +88,230 +2%
SC
17
Samlyn Capital
New York
$107M +$100M +2,962,750 New
OC
18
Orange Capital
New York
$105M +$36.9M +1,089,245 +60%
Morgan Stanley
19
Morgan Stanley
New York
$105M -$13.5M -399,598 -12%
BA
20
BlackRock Advisors
Delaware
$99.7M +$34.9M +1,030,983 +60%
CS
21
Credit Suisse
Switzerland
$99.3M +$77.1M +2,275,573 +486%
Citigroup
22
Citigroup
New York
$97.8M +$86.6M +2,558,156 +1,779%
Victory Capital Management
23
Victory Capital Management
Texas
$97.4M -$23.3M -689,007 -20%
Goldman Sachs
24
Goldman Sachs
New York
$96.9M -$1.44M -42,428 -2%
Norges Bank
25
Norges Bank
Norway
$95.3M

HRB Hedge Fund Activity: Q3 2015 in Review

464 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in H&R Block (HRB) for Q3 2015, worth a combined $10.8B — up 51% from $7.15B a quarter earlier.

Buyers outnumbered sellers: 75 funds opened new HRB positions and 53 closed out — a net gain of 22 holders — while 156 added to existing stakes and 161 trimmed.

The largest buyer was Samlyn Capital, opening a new position worth an estimated $100M. The largest seller was Matrix Capital Management Company, exiting entirely with an estimated $107M sold.

  • 464 institutional investors held H&R Block (HRB) as of Q3 2015, up from 444 in Q2 2015.
  • Funds reported $10.8B of H&R Block stock for Q3 2015, up 51% quarter-over-quarter.
  • 75 funds opened new H&R Block positions in Q3 2015 and 53 closed out, a net change of +22 holders.
  • The largest H&R Block buyer in Q3 2015 was Samlyn Capital, an estimated $100M added.
  • The largest H&R Block seller in Q3 2015 was Matrix Capital Management Company, an estimated $107M sold.

Based on aggregated 13F filings for Q3 2015.