Molson Coors Class B
TAP
528 hedge funds and large institutions have $13.8B invested in Molson Coors Class B in 2017 Q4 according to their latest regulatory filings, with 97 funds opening new positions, 198 increasing their positions, 174 reducing their positions, and 74 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
31% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 74
14% more repeat investments, than reductions
Existing positions increased: 198 | Existing positions reduced: 174
4% more funds holding
Funds holding: 508 → 528 (+20)
0% less capital invested
Capital invested by funds: $13.8B → $13.8B (-$62.3M)
0.96% less ownership
Funds ownership: 86.97% → 86.01% (-0.96%)
45% less call options, than puts
Call options by funds: $64.3M | Put options by funds: $117M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IFP
Independent Franchise Partners
London,
United Kingdom
|
+$206M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
+$119M |
| 3 |
D.E. Shaw & Co
New York
|
+$71.7M |
| 4 |
JP Morgan Chase
New York
|
+$66.4M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$60M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$380M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$98.9M |
| 3 |
Millennium Management
New York
|
-$91.6M |
| 4 |
Bank of New York Mellon
New York
|
-$88.7M |
| 5 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$87.7M |
TAP Hedge Fund Activity: Q4 2017 in Review
528 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Molson Coors Class B (TAP) for Q4 2017, worth a combined $13.8B — down 0.45% from $13.8B a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new TAP positions and 74 closed out — a net gain of 23 holders — while 198 added to existing stakes and 174 trimmed.
The largest buyer was Independent Franchise Partners, adding an estimated $206M. The largest seller was Fidelity Investments, cutting an estimated $380M.
- 528 institutional investors held Molson Coors Class B (TAP) as of Q4 2017, up from 508 in Q3 2017.
- Funds reported $13.8B of Molson Coors Class B stock for Q4 2017, down 0.45% quarter-over-quarter.
- 97 funds opened new Molson Coors Class B positions in Q4 2017 and 74 closed out, a net change of +23 holders.
- The largest Molson Coors Class B buyer in Q4 2017 was Independent Franchise Partners, an estimated $206M added.
- The largest Molson Coors Class B seller in Q4 2017 was Fidelity Investments, an estimated $380M sold.
Based on aggregated 13F filings for Q4 2017.