Arcos Dorados Holdings
ARCO
93 hedge funds and large institutions have $491M invested in Arcos Dorados Holdings in 2018 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 25 increasing their positions, 36 reducing their positions, and 25 closing their positions.
2.7% more ownership
Funds ownership: 59.91% → 62.6% (+2.7%)
8% less capital invested
Capital invested by funds: $531M → $491M (-$40.2M)
11% less funds holding
Funds holding: 105 → 93 (-12)
31% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 36
40% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 25
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
80% less call options, than puts
Call options by funds: $143K | Put options by funds: $718K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IVA
International Value Advisers
|
+$69.9M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
+$9.21M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$8.77M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$7.03M |
| 5 |
II
INCA Investments
Miami,
Florida
|
+$2.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Compass Group
New York
|
-$26M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$14.6M |
| 3 |
MWNA
Marshall Wace North America
New York
|
-$8.78M |
| 4 |
NCM
Newfoundland Capital Management
Sao Paulo,
Brazil
|
-$7.8M |
| 5 |
TAM
Third Avenue Management
New York
|
-$6.75M |
ARCO Hedge Fund Activity: Q3 2018 in Review
93 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Arcos Dorados Holdings (ARCO) for Q3 2018, worth a combined $491M — down 7.6% from $531M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of ARCO and 15 opened new positions — a net loss of 10 holders — while 36 trimmed existing stakes and 25 added.
The largest buyer was International Value Advisers, opening a new position worth an estimated $69.9M. The largest seller was Compass Group, cutting an estimated $26M.
- 93 institutional investors held Arcos Dorados Holdings (ARCO) as of Q3 2018, down from 105 in Q2 2018.
- Funds reported $491M of Arcos Dorados Holdings stock for Q3 2018, down 7.6% quarter-over-quarter.
- 15 funds opened new Arcos Dorados Holdings positions in Q3 2018 and 25 closed out, a net change of -10 holders.
- The largest Arcos Dorados Holdings buyer in Q3 2018 was International Value Advisers, an estimated $69.9M added.
- The largest Arcos Dorados Holdings seller in Q3 2018 was Compass Group, an estimated $26M sold.
Based on aggregated 13F filings for Q3 2018.