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H&R Block

450 hedge funds and large institutions have $5.48B invested in H&R Block in 2017 Q4 according to their latest regulatory filings, with 78 funds opening new positions, 156 increasing their positions, 141 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

59% more first-time investments, than exits

New positions opened: 78 | Existing positions closed: 49

11% more repeat investments, than reductions

Existing positions increased: 156 | Existing positions reduced: 141

6% more funds holding

Funds holding: 425450 (+25)

3.28% more ownership

Funds ownership: 96.96%100.24% (+3.3%)

2% more capital invested

Capital invested by funds: $5.38B → $5.48B (+$102M)

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

61% less call options, than puts

Call options by funds: $43.4M | Put options by funds: $112M

Holders
450
Holders Change
+25
Holders Change %
+5.88%
% of All Funds
10.21%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.05%
New
78
Increased
156
Reduced
141
Closed
49
Calls
$43.4M
Puts
$112M
Net Calls
-$68.4M
Net Calls Change
-$29.1M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$723M -$46.9M -1,805,340 -6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$704M +$37.8M +1,457,870 +6%
Caisse de Depot et Placement du Quebec (CDPQ)
3
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$315M -$23.3M -896,708 -7%
State Street
4
State Street
Massachusetts
$275M -$2.21M -85,099 -0.8%
Bank of New York Mellon
5
Bank of New York Mellon
New York
$172M +$5.17M +199,162 +3%
First Eagle Investment Management
6
First Eagle Investment Management
New York
$166M +$1.18M +45,319 +0.7%
AQR Capital Management
7
AQR Capital Management
Connecticut
$135M +$23.5M +906,272 +21%
Schroder Investment Management Group
8
Schroder Investment Management Group
United Kingdom
$120M +$44.2M +1,703,381 +59%
APG Asset Management
9
APG Asset Management
Netherlands
$108M +$22.3M +859,300 +21%
AAMU
10
Amundi Asset Management US
Massachusetts
$106M +$105M +4,051,627 New
Norges Bank
11
Norges Bank
Norway
$102M
JAM
12
Jupiter Asset Management
United Kingdom
$101M +$2.8M +108,000 +3%
TSW
13
Thompson Siegel & Walmsley
Virginia
$89.1M +$1.09M +42,061 +1%
Northern Trust
14
Northern Trust
Illinois
$84.9M +$2.59M +99,914 +3%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$78.4M -$4.21M -162,067 -5%
Artisan Partners
16
Artisan Partners
Wisconsin
$77.3M -$1.02M -39,281 -1%
JP Morgan Chase
17
JP Morgan Chase
New York
$71.6M +$19.1M +734,291 +37%
American Century Companies
18
American Century Companies
Missouri
$57.4M -$3.35M -129,111 -6%
PAM
19
Panagora Asset Management
Massachusetts
$51.9M -$10M -385,795 -16%
Invesco
20
Invesco
Georgia
$49.8M -$7.5M -289,105 -13%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$49M +$24.4M +940,615 +101%
Bank of America
22
Bank of America
North Carolina
$46.8M +$776K +29,886 +2%
Lord, Abbett & Co
23
Lord, Abbett & Co
New Jersey
$46.5M -$3.44M -132,400 -7%
Morgan Stanley
24
Morgan Stanley
New York
$45.6M +$5.3M +204,327 +13%
UBS AM
25
UBS AM
Illinois
$43.6M +$3.75M +144,409 +9%

HRB Hedge Fund Activity: Q4 2017 in Review

450 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in H&R Block (HRB) for Q4 2017, worth a combined $5.48B — up 1.9% from $5.38B a quarter earlier.

Buyers outnumbered sellers: 78 funds opened new HRB positions and 49 closed out — a net gain of 29 holders — while 156 added to existing stakes and 141 trimmed.

The largest buyer was Amundi Asset Management US, opening a new position worth an estimated $105M. The largest seller was Credit Agricole, exiting entirely with an estimated $64.1M sold.

  • 450 institutional investors held H&R Block (HRB) as of Q4 2017, up from 425 in Q3 2017.
  • Funds reported $5.48B of H&R Block stock for Q4 2017, up 1.9% quarter-over-quarter.
  • 78 funds opened new H&R Block positions in Q4 2017 and 49 closed out, a net change of +29 holders.
  • The largest H&R Block buyer in Q4 2017 was Amundi Asset Management US, an estimated $105M added.
  • The largest H&R Block seller in Q4 2017 was Credit Agricole, an estimated $64.1M sold.

Based on aggregated 13F filings for Q4 2017.