Sabre
SABR
297 hedge funds and large institutions have $7.94B invested in Sabre in 2016 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 120 increasing their positions, 92 reducing their positions, and 43 closing their positions.
203% more call options, than puts
Call options by funds: $3.13M | Put options by funds: $1.03M
65% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 43
30% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 92
13% more funds holding in top 10
Funds holding in top 10: 15 → 17 (+2)
10% more funds holding
Funds holding: 271 → 297 (+26)
5% less capital invested
Capital invested by funds: $8.34B → $7.94B (-$406M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Scopia Capital Management
New York
|
+$164M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$158M |
| 3 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$107M |
| 4 |
JP Morgan Chase
New York
|
+$59.3M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$55.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TGHSA
TPG Group Holdings (SBS) Advisors
Fort Worth,
Texas
|
-$839M |
| 2 |
SLG
Silver Lake Group
Menlo Park,
California
|
-$728M |
| 3 |
FAM
Fred Alger Management
New York
|
-$48.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$39.1M |
| 5 |
Goldman Sachs
New York
|
-$26.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PG
326
PEAK6 Group
Chicago,
Illinois
| – | -$297K | -10,604 | Closed |
|
|
WSTAM
327
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| – | -$282K | -10,100 | Closed |
|
328
Handelsbanken Fonder
Stockholm,
Sweden
| – | -$276K | -9,865 | Closed |
|
|
BRWA
329
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$242K | -8,638 | Closed |
|
330
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$227K | -8,500 | Closed |
|
|
TSS
331
Two Sigma Securities
New York
| – | -$233K | -8,346 | Closed |
|
332
Walleye Trading
New York
| – | -$116K | -4,346 | Closed |
|
|
MAM
333
Mizuho Asset Management
Tokyo,
Japan
| – | -$76K | -2,726 | Closed |
|
334
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$67K | -2,400 | Closed |
|
|
PMFA
335
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$34K | -1,200 | Closed |
|
|
CG
336
Cutler Group
San Francisco,
California
| – | -$14.8K | -555 | Closed |
|
|
GT
337
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$5K | -180 | Closed |
|
|
WA
338
WFG Advisors
Dallas,
Texas
| – | +$53 | +2 | New |
|
SABR Hedge Fund Activity: Q1 2016 in Review
297 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Sabre (SABR) for Q1 2016, worth a combined $7.94B — down 4.9% from $8.34B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new SABR positions and 43 closed out — a net gain of 28 holders — while 120 added to existing stakes and 92 trimmed.
The largest buyer was Scopia Capital Management, opening a new position worth an estimated $164M. The largest seller was TPG Group Holdings (SBS) Advisors, cutting an estimated $839M.
- 297 institutional investors held Sabre (SABR) as of Q1 2016, up from 271 in Q4 2015.
- Funds reported $7.94B of Sabre stock for Q1 2016, down 4.9% quarter-over-quarter.
- 71 funds opened new Sabre positions in Q1 2016 and 43 closed out, a net change of +28 holders.
- The largest Sabre buyer in Q1 2016 was Scopia Capital Management, an estimated $164M added.
- The largest Sabre seller in Q1 2016 was TPG Group Holdings (SBS) Advisors, an estimated $839M sold.
Based on aggregated 13F filings for Q1 2016.