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338 hedge funds and large institutions have $4.4B invested in KBR in 2013 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 109 increasing their positions, 123 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

173% more call options, than puts

Call options by funds: $120M | Put options by funds: $44.1M

60% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 43

7% more funds holding

Funds holding: 316338 (+22)

1.45% more ownership

Funds ownership: 91.86%93.3% (+1.4%)

1% less capital invested

Capital invested by funds: $4.43B → $4.4B (-$31.6M)

11% less repeat investments, than reductions

Existing positions increased: 109 | Existing positions reduced: 123

67% less funds holding in top 10

Funds holding in top 10: 62 (-4)

Holders
338
Holders Change
+22
Holders Change %
+6.96%
% of All Funds
9.81%
Holding in Top 10
2
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-66.67%
% of All Funds
0.06%
New
69
Increased
109
Reduced
123
Closed
43
Calls
$120M
Puts
$44.1M
Net Calls
+$76.3M
Net Calls Change
+$68M
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$484M -$183M -5,516,893 -27%
Vanguard Group
2
Vanguard Group
Pennsylvania
$251M +$11.3M +339,220 +5%
State Street
3
State Street
Massachusetts
$180M +$27.2M +818,370 +17%
MAM
4
Marketfield Asset Management
New York
$157M +$164M +4,926,409 New
Capital Research Global Investors
5
Capital Research Global Investors
California
$154M
Barrow, Hanley, Mewhinney & Strauss
6
Barrow, Hanley, Mewhinney & Strauss
Texas
$145M +$49.3M +1,484,895 +48%
Goldman Sachs
7
Goldman Sachs
New York
$141M +$129M +3,869,578 +711%
BIT
8
BlackRock Institutional Trust
California
$135M +$12.9M +386,904 +10%
BFA
9
BlackRock Fund Advisors
California
$134M +$10.1M +303,264 +8%
CI
10
Cambiar Investors
Colorado
$99.7M -$2.22M -66,719 -2%
BA
11
BlackRock Advisors
Delaware
$98.4M -$68.7M -2,066,625 -40%
Allianz Asset Management
12
Allianz Asset Management
Germany
$97.2M +$1M +30,183 +1%
AM
13
Appaloosa Management
Florida
$81.3M +$13.7M +412,683 +19%
PIM
14
Perkins Investment Management
Illinois
$80.2M -$46.9M -1,411,317 -36%
BG
15
BlackRock Group
United Kingdom
$60.2M -$9.48M -285,344 -13%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$58.2M -$454K -13,650 -0.7%
TCIM
17
TIAA CREF Investment Management
New York
$54.7M +$6.16M +185,537 +12%
O
18
OppenheimerFunds
New York
$54.3M -$26.5M -797,255 -32%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$53.8M -$8.12M -244,342 -13%
CC
20
Carlson Capital
Texas
$53M +$36.8M +1,109,079 +200%
Morgan Stanley
21
Morgan Stanley
New York
$52.5M +$40.4M +1,216,133 +283%
Fidelity Investments
22
Fidelity Investments
Massachusetts
$52.3M -$20M -601,301 -27%
Northern Trust
23
Northern Trust
Illinois
$49.6M +$983K +29,579 +2%
RA
24
Royce & Associates
New York
$49.3M -$2.25M -67,800 -4%
PIM
25
Platinum Investment Management
Australia
$43.6M -$33.5M -1,008,000 -42%

KBR Hedge Fund Activity: Q4 2013 in Review

338 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in KBR (KBR) for Q4 2013, worth a combined $4.4B — down 0.71% from $4.43B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new KBR positions and 43 closed out — a net gain of 26 holders — while 109 added to existing stakes and 123 trimmed.

The largest buyer was Marketfield Asset Management, opening a new position worth an estimated $164M. The largest seller was Wellington Management Group, cutting an estimated $183M.

  • 338 institutional investors held KBR (KBR) as of Q4 2013, up from 316 in Q3 2013.
  • Funds reported $4.4B of KBR stock for Q4 2013, down 0.71% quarter-over-quarter.
  • 69 funds opened new KBR positions in Q4 2013 and 43 closed out, a net change of +26 holders.
  • The largest KBR buyer in Q4 2013 was Marketfield Asset Management, an estimated $164M added.
  • The largest KBR seller in Q4 2013 was Wellington Management Group, an estimated $183M sold.

Based on aggregated 13F filings for Q4 2013.