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250 hedge funds and large institutions have $2.3B invested in KBR in 2014 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 83 increasing their positions, 98 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

207% more call options, than puts

Call options by funds: $48.8M | Put options by funds: $15.9M

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

4.54% more ownership

Funds ownership: 88.93%93.47% (+4.5%)

5% less capital invested

Capital invested by funds: $2.43B → $2.3B (-$133M)

12% less funds holding

Funds holding: 285250 (-35)

15% less repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 98

46% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 71

Holders
250
Holders Change
-35
Holders Change %
-12.28%
% of All Funds
6.67%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.11%
New
38
Increased
83
Reduced
98
Closed
71
Calls
$48.8M
Puts
$15.9M
Net Calls
+$32.9M
Net Calls Change
+$12M
Name Holding Trade Value Shares
Change
Change in
Stake
Balyasny Asset Management
1
Balyasny Asset Management
Illinois
$182M +$173M +9,641,317 +876%
PIM
2
Platinum Investment Management
Australia
$157M +$61M +3,402,931 +58%
Vanguard Group
3
Vanguard Group
Pennsylvania
$147M +$1.12M +62,297 +0.7%
HCM
4
Huber Capital Management
California
$138M +$34.8M +1,941,037 +31%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$133M +$36.9M +2,056,340 +35%
Barrow, Hanley, Mewhinney & Strauss
6
Barrow, Hanley, Mewhinney & Strauss
Texas
$122M -$1.02M -56,882 -0.8%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$71.5M -$10.7M -598,750 -12%
BFA
8
BlackRock Fund Advisors
California
$71M +$3.29M +183,343 +5%
Capital Research Global Investors
9
Capital Research Global Investors
California
$70.3M -$10.7M -596,200 -13%
BIT
10
BlackRock Institutional Trust
California
$66.2M -$2.84M -158,123 -4%
State Street
11
State Street
Massachusetts
$63.8M -$14.8M -823,050 -18%
RA
12
Royce & Associates
New York
$48.5M +$2.57M +143,580 +5%
GAM
13
Gotham Asset Management
New York
$48M +$49.3M +2,748,658 +3,404%
Franklin Resources
14
Franklin Resources
California
$41.4M -$54M -3,013,084 -55%
Pzena Investment Management
15
Pzena Investment Management
New York
$39.8M +$11M +614,225 +35%
Neuberger Berman Group
16
Neuberger Berman Group
New York
$37M +$11.7M +651,888 +43%
AM
17
Appaloosa Management
Florida
$34.6M -$10.2M -570,027 -22%
Hotchkis & Wiley Capital Management
18
Hotchkis & Wiley Capital Management
California
$32.7M +$34.6M +1,930,317 New
Bank of New York Mellon
19
Bank of New York Mellon
New York
$29.3M +$659K +36,752 +2%
HCM
20
Highfields Capital Management
Massachusetts
$27.9M
H
21
Hexavest
Quebec, Canada
$27.5M +$565K +31,490 +2%
AQR Capital Management
22
AQR Capital Management
Connecticut
$25.7M +$7.56M +421,400 +39%
Norges Bank
23
Norges Bank
Norway
$23.9M +$3.87M +215,826 +18%
CIM
24
Corbyn Investment Management
Maryland
$23.6M +$311K +17,350 +1%
Two Sigma Investments
25
Two Sigma Investments
New York
$22.9M -$2.27M -126,427 -9%

KBR Hedge Fund Activity: Q4 2014 in Review

250 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in KBR (KBR) for Q4 2014, worth a combined $2.3B — down 5.5% from $2.43B a quarter earlier.

Sellers outnumbered buyers: 71 funds closed out of KBR and 38 opened new positions — a net loss of 33 holders — while 98 trimmed existing stakes and 83 added.

The largest buyer was Balyasny Asset Management, adding an estimated $173M. The largest seller was Franklin Resources, cutting an estimated $54M.

  • 250 institutional investors held KBR (KBR) as of Q4 2014, down from 285 in Q3 2014.
  • Funds reported $2.3B of KBR stock for Q4 2014, down 5.5% quarter-over-quarter.
  • 38 funds opened new KBR positions in Q4 2014 and 71 closed out, a net change of -33 holders.
  • The largest KBR buyer in Q4 2014 was Balyasny Asset Management, an estimated $173M added.
  • The largest KBR seller in Q4 2014 was Franklin Resources, an estimated $54M sold.

Based on aggregated 13F filings for Q4 2014.