Sabre
SABR
270 hedge funds and large institutions have $5.41B invested in Sabre in 2017 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 101 increasing their positions, 100 reducing their positions, and 53 closing their positions.
1% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 100
6.29% less ownership
Funds ownership: 113.46% → 107.17% (-6.3%)
10% less funds holding
Funds holding: 299 → 270 (-29)
21% less capital invested
Capital invested by funds: $6.85B → $5.41B (-$1.44B)
31% less call options, than puts
Call options by funds: $1.49M | Put options by funds: $2.15M
42% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 53
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$79.5M |
| 2 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$71M |
| 3 |
BBHC
Brown Brothers Harriman & Co
New York
|
+$63.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$38.5M |
| 5 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$26.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$169M |
| 2 |
BlackRock
New York
|
-$77.8M |
| 3 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$41.8M |
| 4 |
Two Sigma Investments
New York
|
-$37.1M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$32.8M |
SABR Hedge Fund Activity: Q3 2017 in Review
270 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Sabre (SABR) for Q3 2017, worth a combined $5.41B — down 21% from $6.85B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of SABR and 31 opened new positions — a net loss of 22 holders — while 100 trimmed existing stakes and 101 added.
The largest buyer was Causeway Capital Management, adding an estimated $79.5M. The largest seller was T. Rowe Price Associates, cutting an estimated $169M.
- 270 institutional investors held Sabre (SABR) as of Q3 2017, down from 299 in Q2 2017.
- Funds reported $5.41B of Sabre stock for Q3 2017, down 21% quarter-over-quarter.
- 31 funds opened new Sabre positions in Q3 2017 and 53 closed out, a net change of -22 holders.
- The largest Sabre buyer in Q3 2017 was Causeway Capital Management, an estimated $79.5M added.
- The largest Sabre seller in Q3 2017 was T. Rowe Price Associates, an estimated $169M sold.
Based on aggregated 13F filings for Q3 2017.