Arcos Dorados Holdings
ARCO
79 hedge funds and large institutions have $265M invested in Arcos Dorados Holdings in 2015 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 10 closing their positions.
322% more call options, than puts
Call options by funds: $836K | Put options by funds: $198K
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
25% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 24
4% more funds holding
Funds holding: 76 → 79 (+3)
9.34% less ownership
Funds ownership: 85.94% → 76.6% (-9.3%)
54% less capital invested
Capital invested by funds: $573M → $265M (-$308M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Armistice Capital
New York
|
+$5.5M |
| 2 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$2.93M |
| 3 |
BCIM
Black Creek Investment Management
Toronto,
Ontario, Canada
|
+$2.62M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.47M |
| 5 |
TAM
Third Avenue Management
New York
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$44.6M |
| 2 |
II
INCA Investments
Miami,
Florida
|
-$7.37M |
| 3 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$4.35M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$4.33M |
| 5 |
Goldman Sachs
New York
|
-$3.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
76
American International Group
New York
| $1K | -$10.4K | -2,722 | -93% |
|
77
Citadel Advisors
Miami,
Florida
| $1K | +$1.45K | +380 | New |
|
|
78
Baillie Gifford & Co
Edinburgh,
United Kingdom
| – | -$44.6M | -8,721,946 | Closed |
|
|
SGDR
79
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
| – | -$4.35M | -850,307 | Closed |
|
80
Fidelity Investments
Boston,
Massachusetts
| – | -$2.47M | -483,386 | Closed |
|
81
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
| – | -$2.44M | -476,653 | Closed |
|
82
New York State Common Retirement Fund
Albany,
New York
| – | -$491K | -95,896 | Closed |
|
83
JP Morgan Chase
New York
| – | -$135K | -26,405 | Closed |
|
|
SW
84
SVB Wealth
Boston,
Massachusetts
| – | -$104K | -20,362 | Closed |
|
|
TC
85
TFS Capital
West Chester,
Pennsylvania
| – | -$82K | -16,071 | Closed |
|
|
AG
86
Aperio Group
Sausalito,
California
| – | -$71K | -13,830 | Closed |
|
87
Simplex Trading
Chicago,
Illinois
| – | -$7.67K | -2,007 | Closed |
|
|
SIM
88
Sonora Investment Management
Tucson,
Arizona
| – | +$394 | +103 | New |
|
ARCO Hedge Fund Activity: Q3 2015 in Review
79 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Arcos Dorados Holdings (ARCO) for Q3 2015, worth a combined $265M — down 54% from $573M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ARCO positions and 10 closed out — a net gain of 3 holders — while 30 added to existing stakes and 24 trimmed.
The largest buyer was Armistice Capital, opening a new position worth an estimated $5.5M. The largest seller was Baillie Gifford & Co, exiting entirely with an estimated $44.6M sold.
- 79 institutional investors held Arcos Dorados Holdings (ARCO) as of Q3 2015, up from 76 in Q2 2015.
- Funds reported $265M of Arcos Dorados Holdings stock for Q3 2015, down 54% quarter-over-quarter.
- 13 funds opened new Arcos Dorados Holdings positions in Q3 2015 and 10 closed out, a net change of +3 holders.
- The largest Arcos Dorados Holdings buyer in Q3 2015 was Armistice Capital, an estimated $5.5M added.
- The largest Arcos Dorados Holdings seller in Q3 2015 was Baillie Gifford & Co, an estimated $44.6M sold.
Based on aggregated 13F filings for Q3 2015.