Qorvo
QRVO
541 hedge funds and large institutions have $8.8B invested in Qorvo in 2023 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 166 increasing their positions, 209 reducing their positions, and 82 closing their positions.
14% more capital invested
Capital invested by funds: $7.74B → $8.8B (+$1.07B)
3.15% more ownership
Funds ownership: 84.15% → 87.31% (+3.2%)
5% less funds holding
Funds holding: 571 → 541 (-30)
13% less call options, than puts
Call options by funds: $80.1M | Put options by funds: $92.5M
21% less repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 209
21% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 82
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
541 of the 6,283 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: 82 funds closed out of QRVO and 65 opened new positions — a net loss of 17 holders — while 209 trimmed existing stakes and 166 added.
The largest buyer was Neuberger Berman Group, adding an estimated $123M. The largest seller was Baupost Group, cutting an estimated $110M.
- 541 institutional investors held Qorvo (QRVO) as of Q1 2023, down from 571 in Q4 2022.
- Funds reported $8.8B of Qorvo stock for Q1 2023, up 14% quarter-over-quarter.
- 65 funds opened new Qorvo positions in Q1 2023 and 82 closed out, a net change of -17 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.