Molson Coors Class B
416 hedge funds and large institutions have $6.73B invested in Molson Coors Class B in 2013 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 170 increasing their positions, 146 reducing their positions, and 49 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 170 | Existing positions reduced: 146
11% more call options, than puts
Call options by funds: $102M | Put options by funds: $91.9M
5% more capital invested
Capital invested by funds: $6.4B → $6.73B (+$334M)
0.15% more ownership
Funds ownership: 84.46% → 84.62% (+0.15%)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
4% less funds holding
Funds holding: 433 → 416 (-17)
22% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$156M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$65.7M |
| 3 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
+$31.7M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$30.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
-$57.5M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$44.2M |
| 3 |
Morgan Stanley
New York
|
-$42.8M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$41.9M |
| 5 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$39.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAF
451
Andra AP-fonden
Goteborg,
Sweden
| – | -$297K | -6,200 | Closed |
|
|
MME
452
Meag Munich Ergo
Munich,
Germany
| – | -$281K | -5,780 | Closed |
|
453
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$258 | -5,400 | Closed |
|
|
V
454
Veritable
Wilmington,
Delaware
| – | -$248K | -5,187 | Closed |
|
|
VRS
455
Virginia Retirement Systems
Richmond,
Virginia
| – | -$225K | -4,703 | Closed |
|
|
GCT
456
Galaxy Capital Trading
Road Town,
British Virgin Islands
| – | -$225K | -4,700 | Closed |
|
|
CC
457
Cipher Capital
New York
| – | -$224K | -4,678 | Closed |
|
|
SB
458
Suntrust Banks
Atlanta,
Georgia
| – | -$201K | -4,245 | Closed |
|
|
IC
459
IKOS CIF
Limassol,
Cyprus
| – | -$161K | -3,264 | Closed |
|
|
TC
460
TradeLink Capital
Chicago,
Illinois
| – | -$105K | -2,200 | Closed |
|
461
M&T Bank
Buffalo,
New York
| – | -$29K | -600 | Closed |
|
|
OSAM
462
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$23K | -472 | Closed |
|
|
PSI
463
Pinnacle Summer Investments
Fairfax,
Virginia
| – | -$12K | -260 | Closed |
|
|
FHB
464
First Hawaiian Bank
Honolulu,
Hawaii
| – | -$6K | -133 | Closed |
|
TAP Hedge Fund Activity: Q3 2013 in Review
416 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Molson Coors Class B (TAP) for Q3 2013, worth a combined $6.73B — up 5.2% from $6.4B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of TAP and 38 opened new positions — a net loss of 11 holders — while 146 trimmed existing stakes and 170 added.
The largest buyer was Lazard Asset Management, adding an estimated $156M. The largest seller was Pzena Investment Management, cutting an estimated $57.5M.
- 416 institutional investors held Molson Coors Class B (TAP) as of Q3 2013, down from 433 in Q2 2013.
- Funds reported $6.73B of Molson Coors Class B stock for Q3 2013, up 5.2% quarter-over-quarter.
- 38 funds opened new Molson Coors Class B positions in Q3 2013 and 49 closed out, a net change of -11 holders.
- The largest Molson Coors Class B buyer in Q3 2013 was Lazard Asset Management, an estimated $156M added.
- The largest Molson Coors Class B seller in Q3 2013 was Pzena Investment Management, an estimated $57.5M sold.
Based on aggregated 13F filings for Q3 2013.