Credicorp
BAP
217 hedge funds and large institutions have $6.42B invested in Credicorp in 2013 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 98 increasing their positions, 66 reducing their positions, and 25 closing their positions.
50% more call options, than puts
Call options by funds: $359K | Put options by funds: $239K
48% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 66
24% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 25
14% more capital invested
Capital invested by funds: $5.63B → $6.42B (+$793M)
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
5.45% more ownership
Funds ownership: 57.12% → 62.56% (+5.4%)
1% more funds holding
Funds holding: 214 → 217 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$81.4M |
| 2 |
CAM
Coronation Asset Management
Cape Town,
South Africa
|
+$59.7M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$46.8M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$41.2M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$39.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIP
Mondrian Investment Partners
London,
United Kingdom
|
-$54.8M |
| 2 |
BNP Paribas Asset Management
Paris,
France
|
-$21.2M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$20.9M |
| 4 |
ESG
Emerging Sovereign Group
New York
|
-$18.6M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$14.8M |
BAP Hedge Fund Activity: Q4 2013 in Review
217 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Credicorp (BAP) for Q4 2013, worth a combined $6.42B — up 14% from $5.63B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new BAP positions and 25 closed out — a net gain of 6 holders — while 98 added to existing stakes and 66 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $81.4M. The largest seller was Mondrian Investment Partners, cutting an estimated $54.8M.
- 217 institutional investors held Credicorp (BAP) as of Q4 2013, up from 214 in Q3 2013.
- Funds reported $6.42B of Credicorp stock for Q4 2013, up 14% quarter-over-quarter.
- 31 funds opened new Credicorp positions in Q4 2013 and 25 closed out, a net change of +6 holders.
- The largest Credicorp buyer in Q4 2013 was JP Morgan Chase, an estimated $81.4M added.
- The largest Credicorp seller in Q4 2013 was Mondrian Investment Partners, an estimated $54.8M sold.
Based on aggregated 13F filings for Q4 2013.