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H&R Block

428 hedge funds and large institutions have $5.33B invested in H&R Block in 2016 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 166 increasing their positions, 146 reducing their positions, and 68 closing their positions.

New
Increased
Maintained
Reduced
Closed

120% more call options, than puts

Call options by funds: $43.5M | Put options by funds: $19.8M

14% more repeat investments, than reductions

Existing positions increased: 166 | Existing positions reduced: 146

6.34% more ownership

Funds ownership: 85.21%91.55% (+6.3%)

5% less funds holding

Funds holding: 449428 (-21)

24% less first-time investments, than exits

New positions opened: 52 | Existing positions closed: 68

36% less capital invested

Capital invested by funds: $8.35B → $5.33B (-$3.02B)

82% less funds holding in top 10

Funds holding in top 10: 112 (-9)

Holders
428
Holders Change
-21
Holders Change %
-4.68%
% of All Funds
11.4%
Holding in Top 10
2
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-81.82%
% of All Funds
0.05%
New
52
Increased
166
Reduced
146
Closed
68
Calls
$43.5M
Puts
$19.8M
Net Calls
+$23.7M
Net Calls Change
-$939K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$567M -$31.6M -1,005,216 -4%
Caisse de Depot et Placement du Quebec (CDPQ)
2
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$491M +$103M +3,284,815 +21%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$336M -$14.4M -457,404 -3%
Bank of America
4
Bank of America
North Carolina
$271M +$91.6M +2,917,526 +40%
State Street
5
State Street
Massachusetts
$266M -$2.67M -85,135 -0.8%
First Manhattan
6
First Manhattan
New York
$206M +$2.25M +71,701 +0.9%
BG
7
BlackRock Group
United Kingdom
$192M +$23.7M +754,530 +12%
BIT
8
BlackRock Institutional Trust
California
$166M -$3.44M -109,399 -2%
First Eagle Investment Management
9
First Eagle Investment Management
New York
$151M +$629K +20,012 +0.4%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$130M +$22.4M +712,280 +17%
LCOV
11
London Company of Virginia
Virginia
$127M +$18.9M +601,996 +14%
Northern Trust
12
Northern Trust
Illinois
$114M +$4.1M +130,555 +3%
BFA
13
BlackRock Fund Advisors
California
$97.3M -$2.35M -74,873 -2%
Artisan Partners
14
Artisan Partners
Wisconsin
$94.7M +$10.5M +335,020 +10%
BA
15
BlackRock Advisors
Delaware
$92.2M +$20.9M +664,969 +24%
SCM
16
Smead Capital Management
Arizona
$74.9M -$10.4M -331,891 -10%
Norges Bank
17
Norges Bank
Norway
$59.4M
TSW
18
Thompson Siegel & Walmsley
Virginia
$59.3M +$30.6M +974,751 +77%
BIM
19
BlackRock Investment Management
Delaware
$59.2M +$13.2M +420,787 +23%
WHG
20
Westwood Holdings Group
Texas
$52.8M +$51.6M +1,643,568 +461%
VNIM
21
Vaughan Nelson Investment Management
Texas
$51.3M +$60.9M +1,939,950 New
Victory Capital Management
22
Victory Capital Management
Texas
$47.7M -$9.9M -315,057 -15%
CGI
23
CI Global Investments
California
$46.9M -$95M -3,023,900 -63%
Fidelity International
24
Fidelity International
Bermuda
$45.1M -$178K -5,678 -0.3%
BlackRock
25
BlackRock
New York
$44.3M +$6.51M +207,269 +14%

HRB Hedge Fund Activity: Q1 2016 in Review

428 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in H&R Block (HRB) for Q1 2016, worth a combined $5.33B — down 36% from $8.35B a quarter earlier.

Sellers outnumbered buyers: 68 funds closed out of HRB and 52 opened new positions — a net loss of 16 holders — while 146 trimmed existing stakes and 166 added.

The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), adding an estimated $103M. The largest seller was CI Global Investments, cutting an estimated $95M.

  • 428 institutional investors held H&R Block (HRB) as of Q1 2016, down from 449 in Q4 2015.
  • Funds reported $5.33B of H&R Block stock for Q1 2016, down 36% quarter-over-quarter.
  • 52 funds opened new H&R Block positions in Q1 2016 and 68 closed out, a net change of -16 holders.
  • The largest H&R Block buyer in Q1 2016 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $103M added.
  • The largest H&R Block seller in Q1 2016 was CI Global Investments, an estimated $95M sold.

Based on aggregated 13F filings for Q1 2016.