Block Inc
XYZ
888 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, 332 reducing their positions, and 164 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: 970 → 888 (-82)
13% less repeat investments, than reductions
Existing positions increased: 290 | Existing positions reduced: 332
17% less capital inflows, than outflows
Capital inflows: $3.26B | Capital outflows: $3.92B
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: 164
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$763M |
| 2 |
Dragoneer Investment Group
San Francisco,
California
|
+$265M |
| 3 |
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
888 of the 6,316 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: 164 funds closed out of XYZ and 92 opened new positions — a net loss of 72 holders — while 332 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.
- 888 institutional investors held Block Inc (XYZ) as of Q3 2023, down from 970 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 164 closed out, a net change of -72 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.