Block Inc
995 hedge funds and large institutions have $27.2B invested in Block Inc in 2023 Q1 according to their latest regulatory filings, with 129 funds opening new positions, 336 increasing their positions, 360 reducing their positions, and 115 closing their positions.
13% more capital invested
Capital invested by funds: $24.2B → $27.2B (+$3.06B)
12% more first-time investments, than exits
New positions opened: 129 | Existing positions closed: 115
1.75% more ownership
Funds ownership: 71.55% → 73.3% (+1.7%)
1% less funds holding
Funds holding: 1,004 → 995 (-9)
2% less call options, than puts
Call options by funds: $2.74B | Put options by funds: $2.79B
7% less repeat investments, than reductions
Existing positions increased: 336 | Existing positions reduced: 360
9% less funds holding in top 10
Funds holding in top 10: 34 → 31 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.03B |
| 2 |
JP Morgan Chase
New York
|
+$407M |
| 3 |
Coatue Management
New York
|
+$338M |
| 4 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
+$233M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$145M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$252M |
| 2 |
BCM
Bares Capital Management
Austin,
Texas
|
-$190M |
| 3 |
AM
Atreides Management
Boston,
Massachusetts
|
-$189M |
| 4 |
Viking Global Investors
Stamford,
Connecticut
|
-$159M |
| 5 |
Goldman Sachs
New York
|
-$133M |
XYZ Hedge Fund Activity: Q1 2023 in Review
995 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Block Inc (XYZ) for Q1 2023, worth a combined $27.2B — up 13% from $24.2B a quarter earlier.
Buyers outnumbered sellers: 129 funds opened new XYZ positions and 115 closed out — a net gain of 14 holders — while 336 added to existing stakes and 360 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $1.03B. The largest seller was T. Rowe Price Associates, cutting an estimated $252M.
- 995 institutional investors held Block Inc (XYZ) as of Q1 2023, down from 1,004 in Q4 2022.
- Funds reported $27.2B of Block Inc stock for Q1 2023, up 13% quarter-over-quarter.
- 129 funds opened new Block Inc positions in Q1 2023 and 115 closed out, a net change of +14 holders.
- The largest Block Inc buyer in Q1 2023 was Fidelity Investments, an estimated $1.03B added.
- The largest Block Inc seller in Q1 2023 was T. Rowe Price Associates, an estimated $252M sold.
Based on aggregated 13F filings for Q1 2023.