Block Inc
152 hedge funds and large institutions have $522M invested in Block Inc in 2016 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 53 increasing their positions, 24 reducing their positions, and 19 closing their positions.
184% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 19
121% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 24
29% more funds holding
Funds holding: 118 → 152 (+34)
12% less capital invested
Capital invested by funds: $594M → $522M (-$71.8M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
43% less call options, than puts
Call options by funds: $14.2M | Put options by funds: $24.9M
75.67% less ownership
Funds ownership: 128.81% → 53.14% (-76%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$128M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$24.1M |
| 3 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
+$23.9M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$20.2M |
| 5 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
-$60.7M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$22.3M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$20.6M |
| 4 |
JG
Jefferies Group
New York
|
-$8.76M |
| 5 |
EC
EMS Capital
New York
|
-$7.64M |
XYZ Hedge Fund Activity: Q2 2016 in Review
152 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Block Inc (XYZ) for Q2 2016, worth a combined $522M — down 12% from $594M a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new XYZ positions and 19 closed out — a net gain of 35 holders — while 53 added to existing stakes and 24 trimmed.
The largest buyer was State of Michigan Retirement System, opening a new position worth an estimated $128M. The largest seller was Tiger Global Management, cutting an estimated $60.7M.
- 152 institutional investors held Block Inc (XYZ) as of Q2 2016, up from 118 in Q1 2016.
- Funds reported $522M of Block Inc stock for Q2 2016, down 12% quarter-over-quarter.
- 54 funds opened new Block Inc positions in Q2 2016 and 19 closed out, a net change of +35 holders.
- The largest Block Inc buyer in Q2 2016 was State of Michigan Retirement System, an estimated $128M added.
- The largest Block Inc seller in Q2 2016 was Tiger Global Management, an estimated $60.7M sold.
Based on aggregated 13F filings for Q2 2016.