KeyCorp
797 hedge funds and large institutions have $11B invested in KeyCorp in 2023 Q4 according to their latest regulatory filings, with 142 funds opening new positions, 248 increasing their positions, 300 reducing their positions, and 57 closing their positions.
149% more first-time investments, than exits
New positions opened: 142 | Existing positions closed: 57
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
88% more call options, than puts
Call options by funds: $156M | Put options by funds: $83.2M
37% more capital invested
Capital invested by funds: $8.01B → $11B (+$2.97B)
11% more funds holding
Funds holding: 720 → 797 (+77)
2.01% more ownership
Funds ownership: 79.41% → 81.42% (+2%)
17% less repeat investments, than reductions
Existing positions increased: 248 | Existing positions reduced: 300
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$300M |
| 2 |
Millennium Management
New York
|
+$148M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$61.6M |
| 4 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$53.1M |
| 5 |
ZIG
Zurich Insurance Group
Zurich,
Switzerland
|
+$40.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$151M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$67.1M |
| 3 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$66.4M |
| 4 |
BlackRock
New York
|
-$59.7M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$55.8M |
KEY Hedge Fund Activity: Q4 2023 in Review
797 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in KeyCorp (KEY) for Q4 2023, worth a combined $11B — up 37% from $8.01B a quarter earlier.
Buyers outnumbered sellers: 142 funds opened new KEY positions and 57 closed out — a net gain of 85 holders — while 248 added to existing stakes and 300 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $300M. The largest seller was Capital International Investors, exiting entirely with an estimated $151M sold.
- 797 institutional investors held KeyCorp (KEY) as of Q4 2023, up from 720 in Q3 2023.
- Funds reported $11B of KeyCorp stock for Q4 2023, up 37% quarter-over-quarter.
- 142 funds opened new KeyCorp positions in Q4 2023 and 57 closed out, a net change of +85 holders.
- The largest KeyCorp buyer in Q4 2023 was Morgan Stanley, an estimated $300M added.
- The largest KeyCorp seller in Q4 2023 was Capital International Investors, an estimated $151M sold.
Based on aggregated 13F filings for Q4 2023.