Molson Coors Class B
TAP
517 hedge funds and large institutions have $9.9B invested in Molson Coors Class B in 2014 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 195 increasing their positions, 194 reducing their positions, and 42 closing their positions.
95% more call options, than puts
Call options by funds: $500M | Put options by funds: $256M
67% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 42
5% more funds holding
Funds holding: 494 → 517 (+23)
1% more repeat investments, than reductions
Existing positions increased: 195 | Existing positions reduced: 194
1% less capital invested
Capital invested by funds: $10B → $9.9B (-$130M)
1.71% less ownership
Funds ownership: 84.49% → 82.78% (-1.7%)
44% less funds holding in top 10
Funds holding in top 10: 18 → 10 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mason Capital Management
New York
|
+$170M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$83.2M |
| 3 |
SIG
Senator Investment Group
New York
|
+$73M |
| 4 |
SCA
Southpoint Capital Advisors
New York
|
+$65.7M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$58.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$379M |
| 2 |
Lazard Asset Management
New York
|
-$127M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$84.8M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$69.7M |
| 5 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$59.1M |
TAP Hedge Fund Activity: Q3 2014 in Review
517 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Molson Coors Class B (TAP) for Q3 2014, worth a combined $9.9B — down 1.3% from $10B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new TAP positions and 42 closed out — a net gain of 28 holders — while 195 added to existing stakes and 194 trimmed.
The largest buyer was Mason Capital Management, adding an estimated $170M. The largest seller was Allianz Asset Management, cutting an estimated $379M.
- 517 institutional investors held Molson Coors Class B (TAP) as of Q3 2014, up from 494 in Q2 2014.
- Funds reported $9.9B of Molson Coors Class B stock for Q3 2014, down 1.3% quarter-over-quarter.
- 70 funds opened new Molson Coors Class B positions in Q3 2014 and 42 closed out, a net change of +28 holders.
- The largest Molson Coors Class B buyer in Q3 2014 was Mason Capital Management, an estimated $170M added.
- The largest Molson Coors Class B seller in Q3 2014 was Allianz Asset Management, an estimated $379M sold.
Based on aggregated 13F filings for Q3 2014.