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325 hedge funds and large institutions have $3.52B invested in KBR in 2014 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 110 increasing their positions, 132 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more funds holding in top 10

Funds holding in top 10: 25 (+3)

77% more call options, than puts

Call options by funds: $38.7M | Put options by funds: $21.8M

4% less funds holding

Funds holding: 338325 (-13)

3.98% less ownership

Funds ownership: 93.3%89.33% (-4%)

12% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 50

17% less repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 132

20% less capital invested

Capital invested by funds: $4.4B → $3.52B (-$875M)

Holders
325
Holders Change
-13
Holders Change %
-3.85%
% of All Funds
9.38%
Holding in Top 10
5
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+150%
% of All Funds
0.14%
New
44
Increased
110
Reduced
132
Closed
50
Calls
$38.7M
Puts
$21.8M
Net Calls
+$16.8M
Net Calls Change
-$59.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$293M -$127M -4,205,425 -28%
Vanguard Group
2
Vanguard Group
Pennsylvania
$217M +$8.48M +281,087 +4%
Barrow, Hanley, Mewhinney & Strauss
3
Barrow, Hanley, Mewhinney & Strauss
Texas
$179M +$65.5M +2,170,866 +48%
State Street
4
State Street
Massachusetts
$127M -$26.7M -885,992 -16%
Capital Research Global Investors
5
Capital Research Global Investors
California
$127M -$2.87M -95,000 -2%
BIT
6
BlackRock Institutional Trust
California
$109M -$4.52M -149,880 -4%
BFA
7
BlackRock Fund Advisors
California
$100M -$13.3M -442,124 -11%
Goldman Sachs
8
Goldman Sachs
New York
$95.9M -$24.7M -819,203 -19%
Franklin Resources
9
Franklin Resources
California
$90.2M +$102M +3,381,072 New
Allianz Asset Management
10
Allianz Asset Management
Germany
$80.1M -$1.36M -44,934 -1%
TCIM
11
TIAA CREF Investment Management
New York
$76.9M +$35.2M +1,166,161 +68%
CI
12
Cambiar Investors
Colorado
$76.1M -$8.26M -273,583 -9%
AM
13
Appaloosa Management
Florida
$68M
MAM
14
Marketfield Asset Management
New York
$66.7M -$73.2M -2,426,409 -49%
PIM
15
Perkins Investment Management
Illinois
$58.1M -$10.1M -334,616 -13%
Millennium Management
16
Millennium Management
New York
$57.9M +$45.9M +1,520,218 +234%
SONJCPFA
17
State of New Jersey Common Pension Fund A
New Jersey
$50.7M +$33.2M +1,100,750 +138%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$46.7M -$2.26M -74,746 -4%
HCM
19
Huber Capital Management
California
$46.2M +$33.1M +1,098,377 +174%
Two Sigma Investments
20
Two Sigma Investments
New York
$43.3M +$20.7M +685,512 +73%
RA
21
Royce & Associates
New York
$41.9M +$710K +23,520 +2%
Neuberger Berman Group
22
Neuberger Berman Group
New York
$41.6M +$9.49M +314,596 +25%
AWG
23
Alpha Wave Global
New York
$40.4M +$45.7M +1,515,000 New
Northern Trust
24
Northern Trust
Illinois
$40.1M -$1.56M -51,613 -3%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$39.8M -$5.83M -193,102 -11%

KBR Hedge Fund Activity: Q1 2014 in Review

325 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in KBR (KBR) for Q1 2014, worth a combined $3.52B — down 20% from $4.4B a quarter earlier.

Sellers outnumbered buyers: 50 funds closed out of KBR and 44 opened new positions — a net loss of 6 holders — while 132 trimmed existing stakes and 110 added.

The largest buyer was Franklin Resources, opening a new position worth an estimated $102M. The largest seller was Wellington Management Group, cutting an estimated $127M.

  • 325 institutional investors held KBR (KBR) as of Q1 2014, down from 338 in Q4 2013.
  • Funds reported $3.52B of KBR stock for Q1 2014, down 20% quarter-over-quarter.
  • 44 funds opened new KBR positions in Q1 2014 and 50 closed out, a net change of -6 holders.
  • The largest KBR buyer in Q1 2014 was Franklin Resources, an estimated $102M added.
  • The largest KBR seller in Q1 2014 was Wellington Management Group, an estimated $127M sold.

Based on aggregated 13F filings for Q1 2014.