Molson Coors Class B
TAP
508 hedge funds and large institutions have $13.8B invested in Molson Coors Class B in 2017 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 191 increasing their positions, 171 reducing their positions, and 55 closing their positions.
29% more call options, than puts
Call options by funds: $106M | Put options by funds: $82.3M
16% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 55
12% more repeat investments, than reductions
Existing positions increased: 191 | Existing positions reduced: 171
0% more funds holding
Funds holding: 506 → 508 (+2)
0.74% less ownership
Funds ownership: 87.71% → 86.97% (-0.74%)
6% less capital invested
Capital invested by funds: $14.8B → $13.8B (-$932M)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
+$191M |
| 2 |
Lazard Asset Management
New York
|
+$147M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$105M |
| 4 |
IFP
Independent Franchise Partners
London,
United Kingdom
|
+$89.5M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$81.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$310M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
-$249M |
| 3 |
JP Morgan Chase
New York
|
-$105M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$86.4M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$72.3M |
TAP Hedge Fund Activity: Q3 2017 in Review
508 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Molson Coors Class B (TAP) for Q3 2017, worth a combined $13.8B — down 6.3% from $14.8B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new TAP positions and 55 closed out — a net gain of 9 holders — while 191 added to existing stakes and 171 trimmed.
The largest buyer was Epoch Investment Partners, adding an estimated $191M. The largest seller was Fidelity Investments, cutting an estimated $310M.
- 508 institutional investors held Molson Coors Class B (TAP) as of Q3 2017, up from 506 in Q2 2017.
- Funds reported $13.8B of Molson Coors Class B stock for Q3 2017, down 6.3% quarter-over-quarter.
- 64 funds opened new Molson Coors Class B positions in Q3 2017 and 55 closed out, a net change of +9 holders.
- The largest Molson Coors Class B buyer in Q3 2017 was Epoch Investment Partners, an estimated $191M added.
- The largest Molson Coors Class B seller in Q3 2017 was Fidelity Investments, an estimated $310M sold.
Based on aggregated 13F filings for Q3 2017.