Credicorp
282 hedge funds and large institutions have $11.5B invested in Credicorp in 2018 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 93 increasing their positions, 111 reducing their positions, and 24 closing their positions.
50% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 24
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
4% more funds holding
Funds holding: 272 → 282 (+10)
0.32% more ownership
Funds ownership: 66.92% → 67.24% (+0.32%)
4% less capital invested
Capital invested by funds: $12B → $11.5B (-$502M)
16% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 111
59% less call options, than puts
Call options by funds: $6.01M | Put options by funds: $14.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$136M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$45.1M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$39.6M |
| 4 |
JP Morgan Chase
New York
|
+$24.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
-$54.3M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$36.9M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$31.4M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$22M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$17.5M |
BAP Hedge Fund Activity: Q4 2018 in Review
282 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Credicorp (BAP) for Q4 2018, worth a combined $11.5B — down 4.2% from $12B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new BAP positions and 24 closed out — a net gain of 12 holders — while 93 added to existing stakes and 111 trimmed.
The largest buyer was Federated Hermes, opening a new position worth an estimated $136M. The largest seller was Genesis Asset Managers, cutting an estimated $54.3M.
- 282 institutional investors held Credicorp (BAP) as of Q4 2018, up from 272 in Q3 2018.
- Funds reported $11.5B of Credicorp stock for Q4 2018, down 4.2% quarter-over-quarter.
- 36 funds opened new Credicorp positions in Q4 2018 and 24 closed out, a net change of +12 holders.
- The largest Credicorp buyer in Q4 2018 was Federated Hermes, an estimated $136M added.
- The largest Credicorp seller in Q4 2018 was Genesis Asset Managers, an estimated $54.3M sold.
Based on aggregated 13F filings for Q4 2018.