Sally Beauty Holdings
196 hedge funds and large institutions have $1.42B invested in Sally Beauty Holdings in 2023 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 65 increasing their positions, 72 reducing their positions, and 42 closing their positions.
491% more call options, than puts
Call options by funds: $3.05M | Put options by funds: $516K
10% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 72
3.96% less ownership
Funds ownership: 111.06% → 107.1% (-4%)
9% less funds holding
Funds holding: 216 → 196 (-20)
23% less capital invested
Capital invested by funds: $1.86B → $1.42B (-$435M)
45% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 42
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$28.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.3M |
| 3 |
CP
CenterBook Partners
Greenwich,
Connecticut
|
+$5.91M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$5.19M |
| 5 |
NCM
Nine27 Capital Management
New York
|
+$3.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$21.6M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$12.7M |
| 3 |
D.E. Shaw & Co
New York
|
-$10.3M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$6.69M |
| 5 |
Goldman Sachs
New York
|
-$6.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PI
226
PEAK6 Investments
Chicago,
Illinois
| – | -$143K | -11,256 | Closed |
|
|
VRS
227
Virginia Retirement Systems
Richmond,
Virginia
| – | -$164K | -10,500 | Closed |
|
|
GC
228
Guggenheim Capital
Chicago,
Illinois
| – | -$157K | -10,081 | Closed |
|
229
Verition Fund Management
Greenwich,
Connecticut
| – | -$156K | -10,040 | Closed |
|
230
Cerity Partners
New York
| – | -$759K | -1,342 | Closed |
|
|
TWA
231
TCI Wealth Advisors
Tucson,
Arizona
| – | -$9.6K | -616 | Closed |
|
|
SWM
232
Spire Wealth Management
Mclean,
Virginia
| – | -$3.9K | -250 | Closed |
|
|
AAS
233
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$3.12K | -200 | Closed |
|
|
BIA
234
Bell Investment Advisors
Oakland,
California
| – | -$1.96K | -126 | Closed |
|
|
BTI
235
Blue Trust Inc
Alpharetta,
Georgia
| – | -$1K | -84 | Closed |
|
|
SC
236
Schubert & Co
Mckinney,
Texas
| – | -$748 | -48 | Closed |
|
|
PA
237
Parallel Advisors
San Francisco,
California
| – | -$374 | -24 | Closed |
|
SBH Hedge Fund Activity: Q2 2023 in Review
196 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Sally Beauty Holdings (SBH) for Q2 2023, worth a combined $1.42B — down 23% from $1.86B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of SBH and 23 opened new positions — a net loss of 19 holders — while 72 trimmed existing stakes and 65 added.
The largest buyer was Citigroup, adding an estimated $28.3M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $21.6M sold.
- 196 institutional investors held Sally Beauty Holdings (SBH) as of Q2 2023, down from 216 in Q1 2023.
- Funds reported $1.42B of Sally Beauty Holdings stock for Q2 2023, down 23% quarter-over-quarter.
- 23 funds opened new Sally Beauty Holdings positions in Q2 2023 and 42 closed out, a net change of -19 holders.
- The largest Sally Beauty Holdings buyer in Q2 2023 was Citigroup, an estimated $28.3M added.
- The largest Sally Beauty Holdings seller in Q2 2023 was Balyasny Asset Management, an estimated $21.6M sold.
Based on aggregated 13F filings for Q2 2023.