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Arcos Dorados Holdings

98 hedge funds and large institutions have $265M invested in Arcos Dorados Holdings in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 25 increasing their positions, 36 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

341% more call options, than puts

Call options by funds: $97K | Put options by funds: $22K

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

2.24% less ownership

Funds ownership: 66.82%64.58% (-2.2%)

10% less funds holding

Funds holding: 10998 (-11)

31% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 36

32% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 25

59% less capital invested

Capital invested by funds: $653M → $265M (-$389M)

Holders
98
Holders Change
-11
Holders Change %
-10.09%
% of All Funds
2.16%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.11%
New
17
Increased
25
Reduced
36
Closed
25
Calls
$97K
Puts
$22K
Net Calls
+$75K
Net Calls Change
-$101M
Name Holding Trade Value Shares
Change
Change in
Stake
N
1
Nuveen
North Carolina
$61.7M -$13.7M -2,150,085 -10%
Invesco
2
Invesco
Georgia
$36.1M +$14.4M +2,270,272 +26%
II
3
INCA Investments
Florida
$18.4M -$320K -50,366 -0.9%
MCM
4
Moerus Capital Management
New York
$18.1M +$1.12M +176,921 +3%
Macquarie Group
5
Macquarie Group
Australia
$12M -$2.44M -384,550 -9%
IUHSA
6
Itau Unibanco Holding S.A.
Brazil
$10.5M -$2.68M -421,844 -12%
ACGDR
7
Atmos Capital Gestao de Recursos
Brazil
$10.3M +$13M +2,043,343 +179%
Gates Foundation Trust
8
Gates Foundation Trust
Washington
$10.2M
Acadian Asset Management
9
Acadian Asset Management
Massachusetts
$9.73M -$1.17M -183,485 -6%
Morgan Stanley
10
Morgan Stanley
New York
$9.07M -$550K -86,554 -3%
NCM
11
Newfoundland Capital Management
Brazil
$8.41M +$15.5M +2,442,226 +1,688%
BlackRock
12
BlackRock
New York
$7.83M -$1.06M -167,290 -6%
JGGDR
13
JGP Global Gestao de Recursos
Brazil
$7.59M
JP Morgan Chase
14
JP Morgan Chase
New York
$4.22M +$8.11M +1,276,608 +5,496%
CG
15
Carmignac Gestion
France
$3.15M -$1.91M -300,031 -24%
Charles Schwab
16
Charles Schwab
California
$2.69M +$565K +88,952 +12%
Barrow, Hanley, Mewhinney & Strauss
17
Barrow, Hanley, Mewhinney & Strauss
Texas
$2.14M -$182K -28,684 -4%
Renaissance Technologies
18
Renaissance Technologies
New York
$1.88M +$2.53M +398,699 +222%
Two Sigma Advisers
19
Two Sigma Advisers
New York
$1.73M +$291K +45,738 +9%
RGI
20
River Global Investors
United Kingdom
$1.71M -$3.51M -551,732 -51%
Northern Trust
21
Northern Trust
Illinois
$1.59M +$22K +3,457 +0.7%
MWNA
22
Marshall Wace North America
New York
$1.56M -$368K -57,900 -11%
GC
23
Globeflex Capital
California
$1.52M
Marshall Wace
24
Marshall Wace
United Kingdom
$1.44M -$943K -148,339 -25%
State Street
25
State Street
Massachusetts
$1.31M +$213K +33,535 +9%

ARCO Hedge Fund Activity: Q1 2020 in Review

98 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Arcos Dorados Holdings (ARCO) for Q1 2020, worth a combined $265M — down 59% from $653M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of ARCO and 17 opened new positions — a net loss of 8 holders — while 36 trimmed existing stakes and 25 added.

The largest buyer was Newfoundland Capital Management, adding an estimated $15.5M. The largest seller was International Value Advisers, exiting entirely with an estimated $19.3M sold.

  • 98 institutional investors held Arcos Dorados Holdings (ARCO) as of Q1 2020, down from 109 in Q4 2019.
  • Funds reported $265M of Arcos Dorados Holdings stock for Q1 2020, down 59% quarter-over-quarter.
  • 17 funds opened new Arcos Dorados Holdings positions in Q1 2020 and 25 closed out, a net change of -8 holders.
  • The largest Arcos Dorados Holdings buyer in Q1 2020 was Newfoundland Capital Management, an estimated $15.5M added.
  • The largest Arcos Dorados Holdings seller in Q1 2020 was International Value Advisers, an estimated $19.3M sold.

Based on aggregated 13F filings for Q1 2020.