Molson Coors Class B
TAP
529 hedge funds and large institutions have $16.3B invested in Molson Coors Class B in 2016 Q4 according to their latest regulatory filings, with 77 funds opening new positions, 193 increasing their positions, 185 reducing their positions, and 70 closing their positions.
92% more call options, than puts
Call options by funds: $352M | Put options by funds: $183M
10% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 70
4% more repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 185
0% less funds holding
Funds holding: 531 → 529 (-2)
0.98% less ownership
Funds ownership: 87.44% → 86.46% (-0.98%)
11% less capital invested
Capital invested by funds: $18.3B → $16.3B (-$1.95B)
48% less funds holding in top 10
Funds holding in top 10: 27 → 14 (-13)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Institutional Capital
Chicago,
Illinois
|
+$160M |
| 2 |
JP Morgan Chase
New York
|
+$103M |
| 3 |
First Eagle Investment Management
New York
|
+$92.3M |
| 4 |
Millennium Management
New York
|
+$89.2M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$84.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
-$137M |
| 2 |
Renaissance Technologies
New York
|
-$102M |
| 3 |
MCM
Mason Capital Management
New York
|
-$72.6M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$70M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
-$63.4M |
TAP Hedge Fund Activity: Q4 2016 in Review
529 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Molson Coors Class B (TAP) for Q4 2016, worth a combined $16.3B — down 11% from $18.3B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new TAP positions and 70 closed out — a net gain of 7 holders — while 193 added to existing stakes and 185 trimmed.
The largest buyer was Institutional Capital, adding an estimated $160M. The largest seller was Senator Investment Group, exiting entirely with an estimated $137M sold.
- 529 institutional investors held Molson Coors Class B (TAP) as of Q4 2016, down from 531 in Q3 2016.
- Funds reported $16.3B of Molson Coors Class B stock for Q4 2016, down 11% quarter-over-quarter.
- 77 funds opened new Molson Coors Class B positions in Q4 2016 and 70 closed out, a net change of +7 holders.
- The largest Molson Coors Class B buyer in Q4 2016 was Institutional Capital, an estimated $160M added.
- The largest Molson Coors Class B seller in Q4 2016 was Senator Investment Group, an estimated $137M sold.
Based on aggregated 13F filings for Q4 2016.