Qorvo
QRVO
540 hedge funds and large institutions have $8.8B invested in Qorvo in 2023 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 167 increasing their positions, 209 reducing their positions, and 83 closing their positions.
14% more capital invested
Capital invested by funds: $7.74B → $8.8B (+$1.06B)
1.56% more ownership
Funds ownership: 85.75% → 87.31% (+1.6%)
6% less funds holding
Funds holding: 572 → 540 (-32)
13% less call options, than puts
Call options by funds: $80.1M | Put options by funds: $92.5M
20% less repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 209
23% less first-time investments, than exits
New positions opened: 64 | Existing positions closed: 83
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$123M |
| 2 |
JP Morgan Chase
New York
|
+$75.7M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$61M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$47.1M |
| 5 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$29.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$110M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$108M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$43.5M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$41.7M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$36.3M |
QRVO Hedge Fund Activity: Q1 2023 in Review
540 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Qorvo (QRVO) for Q1 2023, worth a combined $8.8B — up 14% from $7.74B a quarter earlier.
Sellers outnumbered buyers: 83 funds closed out of QRVO and 64 opened new positions — a net loss of 19 holders — while 209 trimmed existing stakes and 167 added.
The largest buyer was Neuberger Berman Group, adding an estimated $123M. The largest seller was Baupost Group, cutting an estimated $110M.
- 540 institutional investors held Qorvo (QRVO) as of Q1 2023, down from 572 in Q4 2022.
- Funds reported $8.8B of Qorvo stock for Q1 2023, up 14% quarter-over-quarter.
- 64 funds opened new Qorvo positions in Q1 2023 and 83 closed out, a net change of -19 holders.
- The largest Qorvo buyer in Q1 2023 was Neuberger Berman Group, an estimated $123M added.
- The largest Qorvo seller in Q1 2023 was Baupost Group, an estimated $110M sold.
Based on aggregated 13F filings for Q1 2023.