Arcos Dorados Holdings
ARCO
105 hedge funds and large institutions have $571M invested in Arcos Dorados Holdings in 2019 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 22 increasing their positions, 39 reducing their positions, and 10 closing their positions.
130% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 10
12% more funds holding
Funds holding: 94 → 105 (+11)
2.9% less ownership
Funds ownership: 67.02% → 64.12% (-2.9%)
12% less capital invested
Capital invested by funds: $646M → $571M (-$74.7M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
44% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 39
68% less call options, than puts
Call options by funds: $111K | Put options by funds: $345K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
II
INCA Investments
Miami,
Florida
|
+$8.39M |
| 2 |
Millennium Management
New York
|
+$7.78M |
| 3 |
Morgan Stanley
New York
|
+$2.73M |
| 4 |
Two Sigma Investments
New York
|
+$1.86M |
| 5 |
TWI
Thomas White International
Chicago,
Illinois
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IVA
International Value Advisers
|
-$17.7M |
| 2 |
HSCU
Half Sky Capital (UK)
London,
United Kingdom
|
-$9.01M |
| 3 |
PSCM
Prince Street Capital Management
New York
|
-$4.57M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$3.29M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$3.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIM
101
Sonora Investment Management
Tucson,
Arizona
| $1K | – | – | – |
|
102
BNP Paribas Financial Markets
Paris,
France
| $7 | – | – | – |
|
|
HSCU
103
Half Sky Capital (UK)
London,
United Kingdom
| – | -$9.01M | -1,172,161 | Closed |
|
|
PSCM
104
Prince Street Capital Management
New York
| – | -$4.57M | -594,082 | Closed |
|
|
DCM
105
Driehaus Capital Management
Chicago,
Illinois
| – | -$3.1M | -402,804 | Closed |
|
106
CIBC World Market
Toronto,
Ontario, Canada
| – | -$2.51M | -326,218 | Closed |
|
|
WBC
107
Westpac Banking Corp
Sydney,
Australia
| – | -$1.77M | -229,925 | Closed |
|
|
ZIG
108
Zurich Insurance Group
Zurich,
Switzerland
| – | -$226K | -26,838 | Closed |
|
109
Fisher Asset Management
Camas,
Washington
| – | -$80K | -10,421 | Closed |
|
110
Simplex Trading
Chicago,
Illinois
| – | -$53.3K | -6,559 | -98% |
|
|
CYG
111
Clean Yield Group
Norwich,
Vermont
| – | -$6K | -822 | Closed |
|
|
JA
112
JOYN Advisors
Atlanta,
Georgia
| – | -$1K | -105 | Closed |
|
ARCO Hedge Fund Activity: Q1 2019 in Review
105 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Arcos Dorados Holdings (ARCO) for Q1 2019, worth a combined $571M — down 12% from $646M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ARCO positions and 10 closed out — a net gain of 13 holders — while 22 added to existing stakes and 39 trimmed.
The largest buyer was INCA Investments, adding an estimated $8.39M. The largest seller was International Value Advisers, cutting an estimated $17.7M.
- 105 institutional investors held Arcos Dorados Holdings (ARCO) as of Q1 2019, up from 94 in Q4 2018.
- Funds reported $571M of Arcos Dorados Holdings stock for Q1 2019, down 12% quarter-over-quarter.
- 23 funds opened new Arcos Dorados Holdings positions in Q1 2019 and 10 closed out, a net change of +13 holders.
- The largest Arcos Dorados Holdings buyer in Q1 2019 was INCA Investments, an estimated $8.39M added.
- The largest Arcos Dorados Holdings seller in Q1 2019 was International Value Advisers, an estimated $17.7M sold.
Based on aggregated 13F filings for Q1 2019.