XPO
427 hedge funds and large institutions have $6.35B invested in XPO in 2018 Q4 according to their latest regulatory filings, with 79 funds opening new positions, 145 increasing their positions, 162 reducing their positions, and 135 closing their positions.
52% more call options, than puts
Call options by funds: $237M | Put options by funds: $156M
10% less repeat investments, than reductions
Existing positions increased: 145 | Existing positions reduced: 162
13% less funds holding
Funds holding: 491 → 427 (-64)
20.49% less ownership
Funds ownership: 275.33% → 254.84% (-20%)
41% less first-time investments, than exits
New positions opened: 79 | Existing positions closed: 135
50% less funds holding in top 10
Funds holding in top 10: 38 → 19 (-19)
54% less capital invested
Capital invested by funds: $13.8B → $6.35B (-$7.43B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHIM
Spruce House Investment Management
New York
|
+$401M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$215M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$64.1M |
| 4 |
EIP
Epoch Investment Partners
New York
|
+$59.9M |
| 5 |
Goldman Sachs
New York
|
+$50.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$292M |
| 2 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
-$154M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$138M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$127M |
| 5 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$120M |
XPO Hedge Fund Activity: Q4 2018 in Review
427 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in XPO (XPO) for Q4 2018, worth a combined $6.35B — down 54% from $13.8B a quarter earlier.
Sellers outnumbered buyers: 135 funds closed out of XPO and 79 opened new positions — a net loss of 56 holders — while 162 trimmed existing stakes and 145 added.
The largest buyer was Spruce House Investment Management, adding an estimated $401M. The largest seller was Fidelity Investments, cutting an estimated $292M.
- 427 institutional investors held XPO (XPO) as of Q4 2018, down from 491 in Q3 2018.
- Funds reported $6.35B of XPO stock for Q4 2018, down 54% quarter-over-quarter.
- 79 funds opened new XPO positions in Q4 2018 and 135 closed out, a net change of -56 holders.
- The largest XPO buyer in Q4 2018 was Spruce House Investment Management, an estimated $401M added.
- The largest XPO seller in Q4 2018 was Fidelity Investments, an estimated $292M sold.
Based on aggregated 13F filings for Q4 2018.