Block Inc
267 hedge funds and large institutions have $3.05B invested in Block Inc in 2017 Q1 according to their latest regulatory filings, with 74 funds opening new positions, 99 increasing their positions, 53 reducing their positions, and 31 closing their positions.
139% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 31
87% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 53
71% more capital invested
Capital invested by funds: $1.79B → $3.05B (+$1.27B)
49% more call options, than puts
Call options by funds: $26.5M | Put options by funds: $17.8M
20% more funds holding in top 10
Funds holding in top 10: 10 → 12 (+2)
14% more funds holding
Funds holding: 234 → 267 (+33)
6.31% more ownership
Funds ownership: 78.9% → 85.21% (+6.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$116M |
| 2 |
Bank of New York Mellon
New York
|
+$94.9M |
| 3 |
BlackRock
New York
|
+$83M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$67.4M |
| 5 |
D.E. Shaw & Co
New York
|
+$47.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$57M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$31.2M |
| 3 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$21M |
| 4 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
-$19.4M |
| 5 |
SV
Sapphire Ventures
Austin,
Texas
|
-$18.2M |
XYZ Hedge Fund Activity: Q1 2017 in Review
267 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Block Inc (XYZ) for Q1 2017, worth a combined $3.05B — up 71% from $1.79B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new XYZ positions and 31 closed out — a net gain of 43 holders — while 99 added to existing stakes and 53 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $116M. The largest seller was Millennium Management, cutting an estimated $57M.
- 267 institutional investors held Block Inc (XYZ) as of Q1 2017, up from 234 in Q4 2016.
- Funds reported $3.05B of Block Inc stock for Q1 2017, up 71% quarter-over-quarter.
- 74 funds opened new Block Inc positions in Q1 2017 and 31 closed out, a net change of +43 holders.
- The largest Block Inc buyer in Q1 2017 was Renaissance Technologies, an estimated $116M added.
- The largest Block Inc seller in Q1 2017 was Millennium Management, an estimated $57M sold.
Based on aggregated 13F filings for Q1 2017.