H&R Block
467 hedge funds and large institutions have $6.12B invested in H&R Block in 2023 Q4 according to their latest regulatory filings, with 103 funds opening new positions, 125 increasing their positions, 161 reducing their positions, and 41 closing their positions.
151% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 41
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
14% more funds holding
Funds holding: 410 → 467 (+57)
7% more capital invested
Capital invested by funds: $5.72B → $6.12B (+$403M)
4% less call options, than puts
Call options by funds: $43.3M | Put options by funds: $45M
2.47% less ownership
Funds ownership: 90.39% → 87.91% (-2.5%)
22% less repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 161
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$32M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$28.1M |
| 3 |
Man Group
London,
United Kingdom
|
+$25.2M |
| 4 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$19.8M |
| 5 |
BWC
Blue Whale Capital
London,
United Kingdom
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$71M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$56.3M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$42.9M |
| 4 |
State Street
Boston,
Massachusetts
|
-$27.5M |
| 5 |
BlackRock
New York
|
-$24M |
HRB Hedge Fund Activity: Q4 2023 in Review
467 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in H&R Block (HRB) for Q4 2023, worth a combined $6.12B — up 7% from $5.72B a quarter earlier.
Buyers outnumbered sellers: 103 funds opened new HRB positions and 41 closed out — a net gain of 62 holders — while 125 added to existing stakes and 161 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $32M. The largest seller was Lazard Asset Management, cutting an estimated $71M.
- 467 institutional investors held H&R Block (HRB) as of Q4 2023, up from 410 in Q3 2023.
- Funds reported $6.12B of H&R Block stock for Q4 2023, up 7% quarter-over-quarter.
- 103 funds opened new H&R Block positions in Q4 2023 and 41 closed out, a net change of +62 holders.
- The largest H&R Block buyer in Q4 2023 was Royal Bank of Canada, an estimated $32M added.
- The largest H&R Block seller in Q4 2023 was Lazard Asset Management, an estimated $71M sold.
Based on aggregated 13F filings for Q4 2023.