H&R Block
HRB
404 hedge funds and large institutions have $4.74B invested in H&R Block in 2016 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 158 increasing their positions, 129 reducing their positions, and 76 closing their positions.
142% more call options, than puts
Call options by funds: $51.5M | Put options by funds: $21.3M
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
22% more repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 129
2.47% more ownership
Funds ownership: 90.98% → 93.45% (+2.5%)
6% less funds holding
Funds holding: 429 → 404 (-25)
12% less capital invested
Capital invested by funds: $5.4B → $4.74B (-$660M)
28% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 76
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$96M |
| 2 |
Millennium Management
New York
|
+$53.9M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$46.1M |
| 4 |
Morgan Stanley
New York
|
+$44M |
| 5 |
T
TOBAM
Paris,
France
|
+$35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Manhattan
New York
|
-$136M |
| 2 |
SCM
Smead Capital Management
Phoenix,
Arizona
|
-$62.4M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$52.8M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$40.1M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$36.2M |
HRB Hedge Fund Activity: Q2 2016 in Review
404 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in H&R Block (HRB) for Q2 2016, worth a combined $4.74B — down 12% from $5.4B a quarter earlier.
Sellers outnumbered buyers: 76 funds closed out of HRB and 55 opened new positions — a net loss of 21 holders — while 129 trimmed existing stakes and 158 added.
The largest buyer was Fidelity Investments, adding an estimated $96M. The largest seller was First Manhattan, cutting an estimated $136M.
- 404 institutional investors held H&R Block (HRB) as of Q2 2016, down from 429 in Q1 2016.
- Funds reported $4.74B of H&R Block stock for Q2 2016, down 12% quarter-over-quarter.
- 55 funds opened new H&R Block positions in Q2 2016 and 76 closed out, a net change of -21 holders.
- The largest H&R Block buyer in Q2 2016 was Fidelity Investments, an estimated $96M added.
- The largest H&R Block seller in Q2 2016 was First Manhattan, an estimated $136M sold.
Based on aggregated 13F filings for Q2 2016.