Arcos Dorados Holdings
ARCO
109 hedge funds and large institutions have $1.47B invested in Arcos Dorados Holdings in 2013 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 43 increasing their positions, 39 reducing their positions, and 27 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 39
1% less capital invested
Capital invested by funds: $1.49B → $1.47B (-$22.2M)
2.96% less ownership
Funds ownership: 101.27% → 98.31% (-3%)
12% less funds holding
Funds holding: 124 → 109 (-15)
52% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 27
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
78% less call options, than puts
Call options by funds: $2.65M | Put options by funds: $12.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$30.4M |
| 2 |
TCP
TAMRO Capital Partners
Alexandria,
Virginia
|
+$29.4M |
| 3 |
CAM
Coronation Asset Management
Cape Town,
South Africa
|
+$14.3M |
| 4 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$13.2M |
| 5 |
BCIM
Black Creek Investment Management
Toronto,
Ontario, Canada
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
-$53.9M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$48.4M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$13.4M |
| 4 |
Bank of New York Mellon
New York
|
-$13.2M |
| 5 |
II
INCA Investments
Miami,
Florida
|
-$12.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ADBIC
126
A.D. Beadell Investment Counsel
Mequon,
Wisconsin
| – | -$164K | -14,441 | Closed |
|
|
SBCM
127
Silver Bridge Capital Management
Boston,
Massachusetts
| – | -$152K | -13,346 | Closed |
|
|
JIC
128
Johnson Investment Counsel
Cincinnati,
Ohio
| – | -$143K | -12,642 | Closed |
|
|
ECAM
129
East Coast Asset Management
Essex,
Massachusetts
| – | -$142K | -12,493 | Closed |
|
|
G
130
GlobalBridge
Minneapolis,
Minnesota
| – | -$137K | -12,033 | Closed |
|
131
Envestnet Asset Management
Chicago,
Illinois
| – | -$136K | -11,965 | Closed |
|
|
PI
132
Placemark Investments
Chicago,
Illinois
| – | -$125K | -10,992 | Closed |
|
|
CG
133
Clinton Group
New York
| – | -$117K | -10,324 | Closed |
|
|
GT
134
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$3K | -308 | Closed |
|
|
JFA
135
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$1K | -103 | Closed |
|
|
EWM
136
Evercore Wealth Management
New York
| – | +$939 | +82 | New |
|
ARCO Hedge Fund Activity: Q3 2013 in Review
109 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Arcos Dorados Holdings (ARCO) for Q3 2013, worth a combined $1.47B — down 1.5% from $1.49B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of ARCO and 13 opened new positions — a net loss of 14 holders — while 39 trimmed existing stakes and 43 added.
The largest buyer was Macquarie Group, adding an estimated $30.4M. The largest seller was WCM Investment Management, exiting entirely with an estimated $53.9M sold.
- 109 institutional investors held Arcos Dorados Holdings (ARCO) as of Q3 2013, down from 124 in Q2 2013.
- Funds reported $1.47B of Arcos Dorados Holdings stock for Q3 2013, down 1.5% quarter-over-quarter.
- 13 funds opened new Arcos Dorados Holdings positions in Q3 2013 and 27 closed out, a net change of -14 holders.
- The largest Arcos Dorados Holdings buyer in Q3 2013 was Macquarie Group, an estimated $30.4M added.
- The largest Arcos Dorados Holdings seller in Q3 2013 was WCM Investment Management, an estimated $53.9M sold.
Based on aggregated 13F filings for Q3 2013.