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Sally Beauty Holdings

252 hedge funds and large institutions have $2.5B invested in Sally Beauty Holdings in 2018 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 88 increasing their positions, 83 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

93% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 30

25% more call options, than puts

Call options by funds: $1.86M | Put options by funds: $1.49M

12% more funds holding

Funds holding: 225252 (+27)

6% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 83

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3.25% less ownership

Funds ownership: 125.64%122.39% (-3.3%)

10% less capital invested

Capital invested by funds: $2.77B → $2.5B (-$275M)

Holders
252
Holders Change
+27
Holders Change %
+12%
% of All Funds
5.61%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
58
Increased
88
Reduced
83
Closed
30
Calls
$1.86M
Puts
$1.49M
Net Calls
+$366K
Net Calls Change
+$11.3M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$242M +$4.46M +238,504 +2%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$232M -$55.6M -2,969,751 -18%
ACM
3
Atlanta Capital Management
Georgia
$215M -$4.19M -224,190 -2%
Vanguard Group
4
Vanguard Group
Pennsylvania
$190M +$5.21M +278,224 +3%
ACH
5
ArrowMark Colorado Holdings
Colorado
$183M -$46.1M -2,461,507 -19%
CIP
6
Champlain Investment Partners
Vermont
$127M +$5.12M +273,380 +4%
Massachusetts Financial Services
7
Massachusetts Financial Services
Massachusetts
$115M -$49.1M -2,622,494 -28%
Nordea Investment Management
8
Nordea Investment Management
Sweden
$85.9M -$3.26M -174,391 -3%
State Street
9
State Street
Massachusetts
$76M -$6.57M -350,912 -7%
Kayne Anderson Rudnick Investment Management
10
Kayne Anderson Rudnick Investment Management
California
$66.9M +$13.5K +723 +0%
BAM
11
Burgundy Asset Management
Ontario, Canada
$60.4M -$9.06M -483,950 -12%
Janus Henderson Group
12
Janus Henderson Group
United Kingdom
$56.4M -$45M -2,404,471 -42%
LSV Asset Management
13
LSV Asset Management
Illinois
$54.6M +$4.15M +221,700 +7%
D.E. Shaw & Co
14
D.E. Shaw & Co
New York
$45.7M +$21.1M +1,130,288 +73%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$43.2M +$2.24M +119,901 +5%
Arrowstreet Capital
16
Arrowstreet Capital
Massachusetts
$41.2M +$15M +804,051 +50%
Northern Trust
17
Northern Trust
Illinois
$34.1M +$186K +9,944 +0.5%
AAM
18
Ardevora Asset Management
United Kingdom
$31.6M +$34.7M +1,853,200 New
Bank of New York Mellon
19
Bank of New York Mellon
New York
$31.2M -$2.19M -116,929 -6%
AQR Capital Management
20
AQR Capital Management
Connecticut
$25.8M +$23.1M +1,235,888 +448%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$24.4M +$2.36M +125,922 +10%
Norges Bank
22
Norges Bank
Norway
$23.1M -$2.58M -137,762 -9%
Deutsche Bank
23
Deutsche Bank
Germany
$18.3M +$5.06M +270,458 +34%
Bank of America
24
Bank of America
North Carolina
$15.6M -$340K -18,149 -2%
Wells Fargo
25
Wells Fargo
California
$15.4M +$723K +38,656 +4%

SBH Hedge Fund Activity: Q4 2018 in Review

252 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Sally Beauty Holdings (SBH) for Q4 2018, worth a combined $2.5B — down 9.9% from $2.77B a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new SBH positions and 30 closed out — a net gain of 28 holders — while 88 added to existing stakes and 83 trimmed.

The largest buyer was Ardevora Asset Management, opening a new position worth an estimated $34.7M. The largest seller was Fidelity Investments, cutting an estimated $55.6M.

  • 252 institutional investors held Sally Beauty Holdings (SBH) as of Q4 2018, up from 225 in Q3 2018.
  • Funds reported $2.5B of Sally Beauty Holdings stock for Q4 2018, down 9.9% quarter-over-quarter.
  • 58 funds opened new Sally Beauty Holdings positions in Q4 2018 and 30 closed out, a net change of +28 holders.
  • The largest Sally Beauty Holdings buyer in Q4 2018 was Ardevora Asset Management, an estimated $34.7M added.
  • The largest Sally Beauty Holdings seller in Q4 2018 was Fidelity Investments, an estimated $55.6M sold.

Based on aggregated 13F filings for Q4 2018.