Block Inc
887 hedge funds and large institutions have $16.5B invested in Block Inc in 2023 Q3 according to their latest regulatory filings, with 92 funds opening new positions, 290 increasing their positions, 331 reducing their positions, and 163 closing their positions.
21% more call options, than puts
Call options by funds: $1.41B | Put options by funds: $1.16B
2.5% less ownership
Funds ownership: 70.11% → 67.61% (-2.5%)
8% less funds holding
Funds holding: 968 → 887 (-81)
12% less repeat investments, than reductions
Existing positions increased: 290 | Existing positions reduced: 331
35% less capital invested
Capital invested by funds: $25.4B → $16.5B (-$8.92B)
37% less funds holding in top 10
Funds holding in top 10: 30 → 19 (-11)
44% less first-time investments, than exits
New positions opened: 92 | Existing positions closed: 163
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$763M |
| 2 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
+$265M |
| 3 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$241M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$206M |
| 5 |
BlackRock
New York
|
+$198M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
-$474M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$338M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$261M |
| 4 |
Holocene Advisors
New York
|
-$241M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$240M |
XYZ Hedge Fund Activity: Q3 2023 in Review
887 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Block Inc (XYZ) for Q3 2023, worth a combined $16.5B — down 35% from $25.4B a quarter earlier.
Sellers outnumbered buyers: 163 funds closed out of XYZ and 92 opened new positions — a net loss of 71 holders — while 331 trimmed existing stakes and 290 added.
The largest buyer was Viking Global Investors, opening a new position worth an estimated $763M. The largest seller was Coatue Management, cutting an estimated $474M.
- 887 institutional investors held Block Inc (XYZ) as of Q3 2023, down from 968 in Q2 2023.
- Funds reported $16.5B of Block Inc stock for Q3 2023, down 35% quarter-over-quarter.
- 92 funds opened new Block Inc positions in Q3 2023 and 163 closed out, a net change of -71 holders.
- The largest Block Inc buyer in Q3 2023 was Viking Global Investors, an estimated $763M added.
- The largest Block Inc seller in Q3 2023 was Coatue Management, an estimated $474M sold.
Based on aggregated 13F filings for Q3 2023.