Block Inc
1,068 hedge funds and large institutions have $32.5B invested in Block Inc in 2024 Q1 according to their latest regulatory filings, with 159 funds opening new positions, 377 increasing their positions, 325 reducing their positions, and 105 closing their positions.
51% more first-time investments, than exits
New positions opened: 159 | Existing positions closed: 105
16% more repeat investments, than reductions
Existing positions increased: 377 | Existing positions reduced: 325
4% more funds holding
Funds holding: 1,029 → 1,068 (+39)
3% more funds holding in top 10
Funds holding in top 10: 34 → 35 (+1)
5% more capital invested
Capital invested by funds: $31.1B → $32.5B (+$1.45B)
1% less call options, than puts
Call options by funds: $2.44B | Put options by funds: $2.46B
3.22% less ownership
Funds ownership: 72.64% → 69.42% (-3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$520M |
| 2 |
JP Morgan Chase
New York
|
+$154M |
| 3 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$137M |
| 4 |
Coatue Management
New York
|
+$127M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$117M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.37B |
| 2 |
BlackRock
New York
|
-$363M |
| 3 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$203M |
| 4 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
-$133M |
| 5 |
Sands Capital Management
Arlington,
Virginia
|
-$130M |
XYZ Hedge Fund Activity: Q1 2024 in Review
1,068 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Block Inc (XYZ) for Q1 2024, worth a combined $32.5B — up 4.7% from $31.1B a quarter earlier.
Buyers outnumbered sellers: 159 funds opened new XYZ positions and 105 closed out — a net gain of 54 holders — while 377 added to existing stakes and 325 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $520M. The largest seller was Morgan Stanley, cutting an estimated $1.37B.
- 1,068 institutional investors held Block Inc (XYZ) as of Q1 2024, up from 1,029 in Q4 2023.
- Funds reported $32.5B of Block Inc stock for Q1 2024, up 4.7% quarter-over-quarter.
- 159 funds opened new Block Inc positions in Q1 2024 and 105 closed out, a net change of +54 holders.
- The largest Block Inc buyer in Q1 2024 was Fidelity Investments, an estimated $520M added.
- The largest Block Inc seller in Q1 2024 was Morgan Stanley, an estimated $1.37B sold.
Based on aggregated 13F filings for Q1 2024.