XPO
380 hedge funds and large institutions have $4.41B invested in XPO in 2020 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 113 increasing their positions, 152 reducing their positions, and 77 closing their positions.
35% more call options, than puts
Call options by funds: $130M | Put options by funds: $96M
3.41% less ownership
Funds ownership: 285.33% → 281.92% (-3.4%)
4% less funds holding
Funds holding: 396 → 380 (-16)
14% less first-time investments, than exits
New positions opened: 66 | Existing positions closed: 77
26% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 152
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
39% less capital invested
Capital invested by funds: $7.26B → $4.41B (-$2.85B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
MFN Partners
Boston,
Massachusetts
|
+$116M |
| 2 |
BG
Baupost Group
Boston,
Massachusetts
|
+$65.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$55.5M |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$42M |
| 5 |
Millennium Management
New York
|
+$20M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHIM
Spruce House Investment Management
New York
|
-$230M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$68.1M |
| 3 |
EIP
Epoch Investment Partners
New York
|
-$42M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$36.4M |
| 5 |
CF
Cypress Funds
Los Angeles,
California
|
-$27.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
451
Covington Capital Management
Los Angeles,
California
| – | -$3K | -124 | Closed |
|
452
Walleye Capital
New York
| – | -$3K | -116 | Closed |
|
|
AA
453
Argent Advisors
Monroe,
Louisiana
| – | -$2K | -101 | Closed |
|
|
PFBT
454
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$2K | -64 | Closed |
|
|
TSW
455
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | -$1K | -43 | Closed |
|
XPO Hedge Fund Activity: Q1 2020 in Review
380 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in XPO (XPO) for Q1 2020, worth a combined $4.41B — down 39% from $7.26B a quarter earlier.
Sellers outnumbered buyers: 77 funds closed out of XPO and 66 opened new positions — a net loss of 11 holders — while 152 trimmed existing stakes and 113 added.
The largest buyer was MFN Partners, adding an estimated $116M. The largest seller was Spruce House Investment Management, cutting an estimated $230M.
- 380 institutional investors held XPO (XPO) as of Q1 2020, down from 396 in Q4 2019.
- Funds reported $4.41B of XPO stock for Q1 2020, down 39% quarter-over-quarter.
- 66 funds opened new XPO positions in Q1 2020 and 77 closed out, a net change of -11 holders.
- The largest XPO buyer in Q1 2020 was MFN Partners, an estimated $116M added.
- The largest XPO seller in Q1 2020 was Spruce House Investment Management, an estimated $230M sold.
Based on aggregated 13F filings for Q1 2020.