Molson Coors Class B
TAP
504 hedge funds and large institutions have $11.4B invested in Molson Coors Class B in 2015 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 157 increasing their positions, 205 reducing their positions, and 75 closing their positions.
74% more call options, than puts
Call options by funds: $836M | Put options by funds: $481M
60% more funds holding in top 10
Funds holding in top 10: 10 → 16 (+6)
23% more capital invested
Capital invested by funds: $9.31B → $11.4B (+$2.1B)
2.15% more ownership
Funds ownership: 82.46% → 84.61% (+2.1%)
2% less funds holding
Funds holding: 513 → 504 (-9)
11% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 75
23% less repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 205
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$141M |
| 2 |
First Eagle Investment Management
New York
|
+$136M |
| 3 |
JP Morgan Chase
New York
|
+$124M |
| 4 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
+$124M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$118M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$111M |
| 2 |
YCMGA
York Capital Management Global Advisors
New York
|
-$106M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$82.7M |
| 4 |
JHC
JFB Holdings Corp
Atlanta,
Georgia
|
-$81.7M |
| 5 |
Lazard Asset Management
New York
|
-$74.1M |
TAP Hedge Fund Activity: Q3 2015 in Review
504 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Molson Coors Class B (TAP) for Q3 2015, worth a combined $11.4B — up 23% from $9.31B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of TAP and 67 opened new positions — a net loss of 8 holders — while 205 trimmed existing stakes and 157 added.
The largest buyer was Lone Pine Capital, opening a new position worth an estimated $141M. The largest seller was Morgan Stanley, cutting an estimated $111M.
- 504 institutional investors held Molson Coors Class B (TAP) as of Q3 2015, down from 513 in Q2 2015.
- Funds reported $11.4B of Molson Coors Class B stock for Q3 2015, up 23% quarter-over-quarter.
- 67 funds opened new Molson Coors Class B positions in Q3 2015 and 75 closed out, a net change of -8 holders.
- The largest Molson Coors Class B buyer in Q3 2015 was Lone Pine Capital, an estimated $141M added.
- The largest Molson Coors Class B seller in Q3 2015 was Morgan Stanley, an estimated $111M sold.
Based on aggregated 13F filings for Q3 2015.