Qorvo
QRVO
584 hedge funds and large institutions have $11B invested in Qorvo in 2020 Q2 according to their latest regulatory filings, with 111 funds opening new positions, 188 increasing their positions, 213 reducing their positions, and 40 closing their positions.
178% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 40
91% more funds holding in top 10
Funds holding in top 10: 11 → 21 (+10)
32% more capital invested
Capital invested by funds: $8.34B → $11B (+$2.64B)
13% more funds holding
Funds holding: 516 → 584 (+68)
2.51% less ownership
Funds ownership: 89.4% → 86.89% (-2.5%)
12% less repeat investments, than reductions
Existing positions increased: 188 | Existing positions reduced: 213
16% less call options, than puts
Call options by funds: $105M | Put options by funds: $124M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
+$65.8M |
| 2 |
JP Morgan Chase
New York
|
+$63M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$59M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$49.6M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$49.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$238M |
| 2 |
Renaissance Technologies
New York
|
-$130M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$93.1M |
| 4 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$60.6M |
| 5 |
Goldman Sachs
New York
|
-$58.1M |
QRVO Hedge Fund Activity: Q2 2020 in Review
584 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Qorvo (QRVO) for Q2 2020, worth a combined $11B — up 32% from $8.34B a quarter earlier.
Buyers outnumbered sellers: 111 funds opened new QRVO positions and 40 closed out — a net gain of 71 holders — while 188 added to existing stakes and 213 trimmed.
The largest buyer was Jericho Capital Asset Management, opening a new position worth an estimated $65.8M. The largest seller was Capital Research Global Investors, cutting an estimated $238M.
- 584 institutional investors held Qorvo (QRVO) as of Q2 2020, up from 516 in Q1 2020.
- Funds reported $11B of Qorvo stock for Q2 2020, up 32% quarter-over-quarter.
- 111 funds opened new Qorvo positions in Q2 2020 and 40 closed out, a net change of +71 holders.
- The largest Qorvo buyer in Q2 2020 was Jericho Capital Asset Management, an estimated $65.8M added.
- The largest Qorvo seller in Q2 2020 was Capital Research Global Investors, an estimated $238M sold.
Based on aggregated 13F filings for Q2 2020.