Sally Beauty Holdings
199 hedge funds and large institutions have $4.46B invested in Sally Beauty Holdings in 2014 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 77 increasing their positions, 72 reducing their positions, and 36 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
11% more capital invested
Capital invested by funds: $4.01B → $4.46B (+$446M)
2.86% more ownership
Funds ownership: 102.12% → 104.98% (+2.9%)
7% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 72
4% less funds holding
Funds holding: 208 → 199 (-9)
22% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 36
94% less call options, than puts
Call options by funds: $1M | Put options by funds: $16.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Scharf Investments
Los Gatos,
California
|
+$67.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$31.6M |
| 3 |
UIM
USS Investment Management
London,
United Kingdom
|
+$25.6M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$24.9M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$23.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGC
Merchants' Gate Capital
New York
|
-$40M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$37.5M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
-$36.2M |
| 4 |
Millennium Management
New York
|
-$22.3M |
| 5 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
-$20.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
226
Clinton Group
New York
| – | -$362K | -14,446 | Closed |
|
|
EMG
227
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$321K | -12,800 | Closed |
|
|
SFP
228
Santa Fe Partners
Santa Fe,
New Mexico
| – | -$274K | -10,919 | Closed |
|
|
PTC
229
Philadelphia Trust Company
Philadelphia,
Pennsylvania
| – | -$251K | -10,000 | Closed |
|
|
DTL
230
Dynamic Technology Lab
Singapore
| – | -$241K | -9,613 | Closed |
|
|
NI
231
Numeric Investors
Boston,
Massachusetts
| – | -$236K | -9,400 | Closed |
|
232
Group One Trading
Chicago,
Illinois
| – | -$76.9K | -2,900 | Closed |
|
|
IPC
233
Independent Portfolio Consultants
Boca Raton,
Florida
| – | -$42K | -1,686 | Closed |
|
|
PCM
234
Prelude Capital Management
New York
| – | -$38K | -1,500 | Closed |
|
235
Envestnet Asset Management
Chicago,
Illinois
| – | -$6K | -220 | Closed |
|
236
Bessemer Group
Woodbridge,
New Jersey
| – | -$2K | -86 | Closed |
|
SBH Hedge Fund Activity: Q3 2014 in Review
199 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Sally Beauty Holdings (SBH) for Q3 2014, worth a combined $4.46B — up 11% from $4.01B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of SBH and 28 opened new positions — a net loss of 8 holders — while 72 trimmed existing stakes and 77 added.
The largest buyer was Scharf Investments, opening a new position worth an estimated $67.3M. The largest seller was Merchants' Gate Capital, exiting entirely with an estimated $40M sold.
- 199 institutional investors held Sally Beauty Holdings (SBH) as of Q3 2014, down from 208 in Q2 2014.
- Funds reported $4.46B of Sally Beauty Holdings stock for Q3 2014, up 11% quarter-over-quarter.
- 28 funds opened new Sally Beauty Holdings positions in Q3 2014 and 36 closed out, a net change of -8 holders.
- The largest Sally Beauty Holdings buyer in Q3 2014 was Scharf Investments, an estimated $67.3M added.
- The largest Sally Beauty Holdings seller in Q3 2014 was Merchants' Gate Capital, an estimated $40M sold.
Based on aggregated 13F filings for Q3 2014.