Arcos Dorados Holdings
ARCO
92 hedge funds and large institutions have $546M invested in Arcos Dorados Holdings in 2019 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 28 reducing their positions, and 18 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 28
1.47% more ownership
Funds ownership: 64.01% → 65.48% (+1.5%)
4% less funds holding
Funds holding: 96 → 92 (-4)
5% less capital invested
Capital invested by funds: $576M → $546M (-$30.3M)
16% less call options, than puts
Call options by funds: $119K | Put options by funds: $142K
17% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 18
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$14.3M |
| 2 |
JP Morgan Chase
New York
|
+$4.38M |
| 3 |
MWNA
Marshall Wace North America
New York
|
+$3.93M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$3.8M |
| 5 |
Millennium Management
New York
|
+$3.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Compass Group
New York
|
-$8.38M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$4.82M |
| 3 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$3.88M |
| 4 |
IVA
International Value Advisers
|
-$3.06M |
| 5 |
MCM
Moerus Capital Management
New York
|
-$2.43M |
ARCO Hedge Fund Activity: Q3 2019 in Review
92 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Arcos Dorados Holdings (ARCO) for Q3 2019, worth a combined $546M — down 5.3% from $576M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of ARCO and 15 opened new positions — a net loss of 3 holders — while 28 trimmed existing stakes and 31 added.
The largest buyer was Itau Unibanco Holding S.A., opening a new position worth an estimated $14.3M. The largest seller was Compass Group, exiting entirely with an estimated $8.38M sold.
- 92 institutional investors held Arcos Dorados Holdings (ARCO) as of Q3 2019, down from 96 in Q2 2019.
- Funds reported $546M of Arcos Dorados Holdings stock for Q3 2019, down 5.3% quarter-over-quarter.
- 15 funds opened new Arcos Dorados Holdings positions in Q3 2019 and 18 closed out, a net change of -3 holders.
- The largest Arcos Dorados Holdings buyer in Q3 2019 was Itau Unibanco Holding S.A., an estimated $14.3M added.
- The largest Arcos Dorados Holdings seller in Q3 2019 was Compass Group, an estimated $8.38M sold.
Based on aggregated 13F filings for Q3 2019.