Arcos Dorados Holdings
ARCO
103 hedge funds and large institutions have $1.19B invested in Arcos Dorados Holdings in 2014 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 38 increasing their positions, 31 reducing their positions, and 36 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
23% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 31
8.88% less ownership
Funds ownership: 100.12% → 91.24% (-8.9%)
16% less funds holding
Funds holding: 123 → 103 (-20)
24% less capital invested
Capital invested by funds: $1.58B → $1.19B (-$381M)
50% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 36
75% less call options, than puts
Call options by funds: $1.86M | Put options by funds: $7.39M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCIM
Black Creek Investment Management
Toronto,
Ontario, Canada
|
+$37.1M |
| 2 |
CAM
Coronation Asset Management
Cape Town,
South Africa
|
+$30.2M |
| 3 |
Gates Foundation Trust
Kirkland,
Washington
|
+$29.4M |
| 4 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$22.1M |
| 5 |
HCM
Hutchinson Capital Management
San Rafael,
California
|
+$7.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$84.2M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$37M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$31.9M |
| 4 |
TCP
TAMRO Capital Partners
Alexandria,
Virginia
|
-$29.2M |
| 5 |
SGA
Sustainable Growth Advisers
Stamford,
Connecticut
|
-$23.6M |
ARCO Hedge Fund Activity: Q1 2014 in Review
103 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Arcos Dorados Holdings (ARCO) for Q1 2014, worth a combined $1.19B — down 24% from $1.58B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of ARCO and 18 opened new positions — a net loss of 18 holders — while 31 trimmed existing stakes and 38 added.
The largest buyer was Black Creek Investment Management, adding an estimated $37.1M. The largest seller was Massachusetts Financial Services, cutting an estimated $84.2M.
- 103 institutional investors held Arcos Dorados Holdings (ARCO) as of Q1 2014, down from 123 in Q4 2013.
- Funds reported $1.19B of Arcos Dorados Holdings stock for Q1 2014, down 24% quarter-over-quarter.
- 18 funds opened new Arcos Dorados Holdings positions in Q1 2014 and 36 closed out, a net change of -18 holders.
- The largest Arcos Dorados Holdings buyer in Q1 2014 was Black Creek Investment Management, an estimated $37.1M added.
- The largest Arcos Dorados Holdings seller in Q1 2014 was Massachusetts Financial Services, an estimated $84.2M sold.
Based on aggregated 13F filings for Q1 2014.