Molson Coors Class B
TAP
541 hedge funds and large institutions have $10.7B invested in Molson Coors Class B in 2014 Q4 according to their latest regulatory filings, with 76 funds opening new positions, 187 increasing their positions, 212 reducing their positions, and 44 closing their positions.
99% more call options, than puts
Call options by funds: $415M | Put options by funds: $209M
73% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 44
8% more capital invested
Capital invested by funds: $9.9B → $10.7B (+$813M)
5% more funds holding
Funds holding: 517 → 541 (+24)
0.92% less ownership
Funds ownership: 82.78% → 81.86% (-0.92%)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
12% less repeat investments, than reductions
Existing positions increased: 187 | Existing positions reduced: 212
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCMGA
York Capital Management Global Advisors
New York
|
+$211M |
| 2 |
Goldman Sachs
New York
|
+$139M |
| 3 |
JP Morgan Chase
New York
|
+$129M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$66.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$42.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$150M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$97.2M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$85.3M |
| 4 |
SCA
Southpoint Capital Advisors
New York
|
-$67M |
| 5 |
Bank of New York Mellon
New York
|
-$59.1M |
TAP Hedge Fund Activity: Q4 2014 in Review
541 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Molson Coors Class B (TAP) for Q4 2014, worth a combined $10.7B — up 8.2% from $9.9B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new TAP positions and 44 closed out — a net gain of 32 holders — while 187 added to existing stakes and 212 trimmed.
The largest buyer was York Capital Management Global Advisors, opening a new position worth an estimated $211M. The largest seller was Lazard Asset Management, cutting an estimated $150M.
- 541 institutional investors held Molson Coors Class B (TAP) as of Q4 2014, up from 517 in Q3 2014.
- Funds reported $10.7B of Molson Coors Class B stock for Q4 2014, up 8.2% quarter-over-quarter.
- 76 funds opened new Molson Coors Class B positions in Q4 2014 and 44 closed out, a net change of +32 holders.
- The largest Molson Coors Class B buyer in Q4 2014 was York Capital Management Global Advisors, an estimated $211M added.
- The largest Molson Coors Class B seller in Q4 2014 was Lazard Asset Management, an estimated $150M sold.
Based on aggregated 13F filings for Q4 2014.