H&R Block
422 hedge funds and large institutions have $5.07B invested in H&R Block in 2023 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 140 increasing their positions, 164 reducing their positions, and 75 closing their positions.
41% more call options, than puts
Call options by funds: $64.4M | Put options by funds: $45.8M
3.52% more ownership
Funds ownership: 90.89% → 94.41% (+3.5%)
2% less capital invested
Capital invested by funds: $5.16B → $5.07B (-$90.2M)
6% less funds holding
Funds holding: 451 → 422 (-29)
15% less repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 164
32% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 75
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$136M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$129M |
| 3 |
Lazard Asset Management
New York
|
+$76.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$30.2M |
| 5 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$26.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$56.1M |
| 2 |
State Street
Boston,
Massachusetts
|
-$42.6M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$38.3M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$30.2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$27.6M |
HRB Hedge Fund Activity: Q1 2023 in Review
422 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in H&R Block (HRB) for Q1 2023, worth a combined $5.07B — down 1.7% from $5.16B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of HRB and 51 opened new positions — a net loss of 24 holders — while 164 trimmed existing stakes and 140 added.
The largest buyer was Fidelity Investments, adding an estimated $136M. The largest seller was BlackRock, cutting an estimated $56.1M.
- 422 institutional investors held H&R Block (HRB) as of Q1 2023, down from 451 in Q4 2022.
- Funds reported $5.07B of H&R Block stock for Q1 2023, down 1.7% quarter-over-quarter.
- 51 funds opened new H&R Block positions in Q1 2023 and 75 closed out, a net change of -24 holders.
- The largest H&R Block buyer in Q1 2023 was Fidelity Investments, an estimated $136M added.
- The largest H&R Block seller in Q1 2023 was BlackRock, an estimated $56.1M sold.
Based on aggregated 13F filings for Q1 2023.