Qorvo
QRVO
375 hedge funds and large institutions have $6.59B invested in Qorvo in 2016 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 123 increasing their positions, 134 reducing their positions, and 39 closing their positions.
67% more call options, than puts
Call options by funds: $87.5M | Put options by funds: $52.5M
49% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 39
6% more capital invested
Capital invested by funds: $6.22B → $6.59B (+$369M)
4% more funds holding
Funds holding: 359 → 375 (+16)
8% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 134
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$272M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$132M |
| 3 |
CAM
Contour Asset Management
New York
|
+$38.6M |
| 4 |
CF
Cypress Funds
Los Angeles,
California
|
+$22.4M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$19.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$53M |
| 2 |
RCM
Roystone Capital Management
New York
|
-$49M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$39.1M |
| 4 |
SCA
Southpoint Capital Advisors
New York
|
-$27.6M |
| 5 |
NM
Nokota Management
New York
|
-$25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAIA
401
Park Avenue Institutional Advisers
New York
| – | -$45K | -814 | Closed |
|
|
JSAM
402
J. Safra Asset Management
New York
| – | -$33K | -597 | Closed |
|
|
CCA
403
Checchi Capital Advisers
Beverly Hills,
California
| – | -$23K | -409 | Closed |
|
404
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$23K | -405 | Closed |
|
|
CCA
405
Catalyst Capital Advisors
Huntington,
New York
| – | -$14K | -245 | Closed |
|
|
PHK
406
Point72 Hong Kong
Hong Kong
| – | -$7K | -121 | Closed |
|
|
FPFS
407
First Personal Financial Services
Charlotte,
North Carolina
| – | -$2K | -30 | Closed |
|
408
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1K | -25 | Closed |
|
|
AF
409
Allworth Financial
Folsom,
California
| – | -$1K | -23 | Closed |
|
|
SCM
410
Southport Capital Management
Chattanooga,
Tennessee
| – | -$1K | -14 | Closed |
|
QRVO Hedge Fund Activity: Q3 2016 in Review
375 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Qorvo (QRVO) for Q3 2016, worth a combined $6.59B — up 5.9% from $6.22B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new QRVO positions and 39 closed out — a net gain of 19 holders — while 123 added to existing stakes and 134 trimmed.
The largest buyer was Vulcan Value Partners, opening a new position worth an estimated $272M. The largest seller was Systematic Financial Management, cutting an estimated $53M.
- 375 institutional investors held Qorvo (QRVO) as of Q3 2016, up from 359 in Q2 2016.
- Funds reported $6.59B of Qorvo stock for Q3 2016, up 5.9% quarter-over-quarter.
- 58 funds opened new Qorvo positions in Q3 2016 and 39 closed out, a net change of +19 holders.
- The largest Qorvo buyer in Q3 2016 was Vulcan Value Partners, an estimated $272M added.
- The largest Qorvo seller in Q3 2016 was Systematic Financial Management, an estimated $53M sold.
Based on aggregated 13F filings for Q3 2016.