Block Inc
1,071 hedge funds and large institutions have $32.5B invested in Block Inc in 2024 Q1 according to their latest regulatory filings, with 160 funds opening new positions, 378 increasing their positions, 325 reducing their positions, and 105 closing their positions.
52% more first-time investments, than exits
New positions opened: 160 | Existing positions closed: 105
16% more repeat investments, than reductions
Existing positions increased: 378 | Existing positions reduced: 325
4% more funds holding
Funds holding: 1,031 → 1,071 (+40)
3% more funds holding in top 10
Funds holding in top 10: 34 → 35 (+1)
3% more capital inflows, than outflows
Capital inflows: $2.62B | Capital outflows: $2.54B
0.04% more ownership
Funds ownership: 69.38% → 69.42% (+0.04%)
1% less call options, than puts
Call options by funds: $2.44B | Put options by funds: $2.46B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$520M |
| 2 |
JP Morgan Chase
New York
|
+$154M |
| 3 |
Egerton Capital (UK)
London,
United Kingdom
|
+$137M |
| 4 |
Coatue Management
New York
|
+$127M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$117M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$363M |
| 2 |
Dragoneer Investment Group
San Francisco,
California
|
-$203M |
| 3 |
ARK Investment Management
St. Petersburg,
Florida
|
-$133M |
| 4 |
Sands Capital Management
Arlington,
Virginia
|
-$130M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$129M |
XYZ Hedge Fund Activity: Q1 2024 in Review
1,071 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Block Inc (XYZ) for Q1 2024, worth a combined $32.5B — up 9.6% from $29.7B a quarter earlier.
Buyers outnumbered sellers: 160 funds opened new XYZ positions and 105 closed out — a net gain of 55 holders — while 378 added to existing stakes and 325 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $520M. The largest seller was BlackRock, cutting an estimated $363M.
- 1,071 institutional investors held Block Inc (XYZ) as of Q1 2024, up from 1,031 in Q4 2023.
- Funds reported $32.5B of Block Inc stock for Q1 2024, up 9.6% quarter-over-quarter.
- 160 funds opened new Block Inc positions in Q1 2024 and 105 closed out, a net change of +55 holders.
- The largest Block Inc buyer in Q1 2024 was Fidelity Investments, an estimated $520M added.
- The largest Block Inc seller in Q1 2024 was BlackRock, an estimated $363M sold.
Based on aggregated 13F filings for Q1 2024.