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Molson Coors Class B

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.

New
Increased
Maintained
Reduced
Closed

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: 506508 (+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: 85 (-3)

Holders
508
Holders Change
+2
Holders Change %
+0.4%
% of All Funds
12.67%
Holding in Top 10
5
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-37.5%
% of All Funds
0.12%
New
64
Increased
191
Reduced
171
Closed
55
Calls
$106M
Puts
$82.3M
Net Calls
+$24M
Net Calls Change
+$45.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.46B +$15.9M +180,225 +1%
JP Morgan Chase
2
JP Morgan Chase
New York
$1.21B -$105M -1,194,151 -7%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$1.2B -$310M -3,520,102 -19%
Lazard Asset Management
4
Lazard Asset Management
New York
$1.1B +$147M +1,673,417 +14%
BlackRock
5
BlackRock
New York
$903M +$15.7M +179,017 +2%
State Street
6
State Street
Massachusetts
$597M -$35.5M -403,196 -5%
IFP
7
Independent Franchise Partners
United Kingdom
$503M +$89.5M +1,017,035 +20%
Fidelity International
8
Fidelity International
Bermuda
$450M -$47M -534,068 -9%
Goldman Sachs
9
Goldman Sachs
New York
$376M +$35.1M +398,689 +9%
Wells Fargo
10
Wells Fargo
California
$260M +$53.1M +603,947 +23%
Diamond Hill Capital Management
11
Diamond Hill Capital Management
Ohio
$252M +$40.7M +462,823 +18%
Millennium Management
12
Millennium Management
New York
$210M +$78.1M +888,114 +53%
EIP
13
Epoch Investment Partners
New York
$198M +$191M +2,173,761 +852%
Northern Trust
14
Northern Trust
Illinois
$196M +$41.5M +471,268 +24%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$195M +$43.1M +489,657 +26%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$187M -$65.4M -743,064 -25%
MC
17
Maverick Capital
Texas
$184M -$249M -2,825,621 -56%
O
18
OppenheimerFunds
New York
$159M -$1.76M -20,044 -1%
TCIM
19
TIAA CREF Investment Management
New York
$155M -$41.3M -468,965 -20%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$152M +$836K +9,501 +0.5%
AQR Capital Management
21
AQR Capital Management
Connecticut
$124M +$40.5M +460,113 +43%
Adage Capital Partners
22
Adage Capital Partners
Massachusetts
$121M -$14.3M -162,700 -10%
Bank of America
23
Bank of America
North Carolina
$115M +$15.6M +177,273 +14%
TD Asset Management
24
TD Asset Management
Ontario, Canada
$103M +$105M +1,194,006 +1,750%
CI Investments Inc
25
CI Investments Inc
Ontario, Canada
$88.5M +$20.3M +230,887 +27%

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.