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Arcos Dorados Holdings

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.

New
Increased
Maintained
Reduced
Closed

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: 7679 (+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: 31 (-2)

Holders
79
Holders Change
+3
Holders Change %
+3.95%
% of All Funds
2.21%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.03%
New
13
Increased
30
Reduced
24
Closed
10
Calls
$836K
Puts
$198K
Net Calls
+$638K
Net Calls Change
+$232K
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$38.3M -$4.33M -1,133,653 -7%
CAM
2
Coronation Asset Management
South Africa
$38M -$429K -112,292 -0.8%
BIP
3
Brandes Investment Partners
California
$35.4M +$2.93M +767,116 +6%
BCIM
4
Black Creek Investment Management
Ontario, Canada
$27.8M +$2.62M +685,818 +7%
Invesco
5
Invesco
Georgia
$18.8M +$2.47M +645,422 +10%
Macquarie Group
6
Macquarie Group
Australia
$18M -$443K -115,938 -2%
Morgan Stanley
7
Morgan Stanley
New York
$9.07M -$448K -117,237 -3%
Gates Foundation Trust
8
Gates Foundation Trust
Washington
$8.32M
CII
9
Capital International Inc
California
$7.39M -$228K -59,614 -2%
CIS
10
Capital International Sarl
California
$6.52M -$1.61M -421,819 -15%
CGT
11
Capital Guardian Trust
California
$5.44M -$793K -207,621 -9%
LOAMS
12
Lombard Odier Asset Management (Switzerland)
Switzerland
$5.03M -$393K -102,783 -5%
Capital International Investors
13
Capital International Investors
California
$4.75M -$3.19M -835,246 -32%
TAM
14
Third Avenue Management
New York
$4.74M +$1.42M +372,340 +26%
PPA
15
Parametric Portfolio Associates
Washington
$4.72M +$269K +70,387 +4%
Norges Bank
16
Norges Bank
Norway
$3.89M
AC
17
Armistice Capital
New York
$3.81M +$5.5M +1,438,954 New
BA
18
BlackRock Advisors
Delaware
$2.38M +$1.27M +332,100 +59%
Northern Trust
19
Northern Trust
Illinois
$2.35M +$9.84K +2,575 +0.3%
II
20
INCA Investments
Florida
$2.34M -$7.37M -1,930,252 -69%
RFC
21
Russell Frank Company
Washington
$1.81M -$461K -120,565 -15%
BCM
22
Bienville Capital Management
New York
$1.74M -$19.6K -5,139 -0.8%
TSW
23
Thompson Siegel & Walmsley
Virginia
$1.63M +$216K +56,530 +10%
California Public Employees Retirement System
24
California Public Employees Retirement System
California
$1.45M +$35.7K +9,353 +2%
Bank of Montreal
25
Bank of Montreal
Ontario, Canada
$1.33M +$49.4K +12,927 +3%

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.