Molson Coors Class B
530 hedge funds and large institutions have $17B invested in Molson Coors Class B in 2016 Q2 according to their latest regulatory filings, with 62 funds opening new positions, 194 increasing their positions, 195 reducing their positions, and 33 closing their positions.
88% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 33
4% more funds holding
Funds holding: 508 → 530 (+22)
5% more capital invested
Capital invested by funds: $16.2B → $17B (+$811M)
1% less repeat investments, than reductions
Existing positions increased: 194 | Existing positions reduced: 195
2.76% less ownership
Funds ownership: 89.83% → 87.07% (-2.8%)
14% less funds holding in top 10
Funds holding in top 10: 21 → 18 (-3)
65% less call options, than puts
Call options by funds: $101M | Put options by funds: $290M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
+$84.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$69.9M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$51.3M |
| 4 |
Lazard Asset Management
New York
|
+$51.3M |
| 5 |
Millennium Management
New York
|
+$48.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
-$316M |
| 2 |
First Eagle Investment Management
New York
|
-$141M |
| 3 |
TP
Third Point
New York
|
-$113M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$93.9M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$80.4M |
TAP Hedge Fund Activity: Q2 2016 in Review
530 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Molson Coors Class B (TAP) for Q2 2016, worth a combined $17B — up 5% from $16.2B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new TAP positions and 33 closed out — a net gain of 29 holders — while 194 added to existing stakes and 195 trimmed.
The largest buyer was Fir Tree Capital Management, opening a new position worth an estimated $84.5M. The largest seller was Royal London Asset Management, cutting an estimated $316M.
- 530 institutional investors held Molson Coors Class B (TAP) as of Q2 2016, up from 508 in Q1 2016.
- Funds reported $17B of Molson Coors Class B stock for Q2 2016, up 5% quarter-over-quarter.
- 62 funds opened new Molson Coors Class B positions in Q2 2016 and 33 closed out, a net change of +29 holders.
- The largest Molson Coors Class B buyer in Q2 2016 was Fir Tree Capital Management, an estimated $84.5M added.
- The largest Molson Coors Class B seller in Q2 2016 was Royal London Asset Management, an estimated $316M sold.
Based on aggregated 13F filings for Q2 2016.