Credicorp
239 hedge funds and large institutions have $8.21B invested in Credicorp in 2014 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 89 increasing their positions, 95 reducing their positions, and 13 closing their positions.
162% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 13
50% more funds holding in top 10
Funds holding in top 10: 8 → 12 (+4)
9% more funds holding
Funds holding: 220 → 239 (+19)
8% more capital invested
Capital invested by funds: $7.58B → $8.21B (+$628M)
2.43% more ownership
Funds ownership: 61.99% → 64.42% (+2.4%)
6% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 95
14% less call options, than puts
Call options by funds: $30.9M | Put options by funds: $35.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$125M |
| 2 |
GAM
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
+$116M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
+$56.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$51.5M |
| 5 |
ESG
Emerging Sovereign Group
New York
|
+$33.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$39.2M |
| 2 |
GTP
Global Thematic Partners
New York
|
-$36.5M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$35.9M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$23.1M |
| 5 |
MIP
Mondrian Investment Partners
London,
United Kingdom
|
-$19.7M |
BAP Hedge Fund Activity: Q4 2014 in Review
239 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Credicorp (BAP) for Q4 2014, worth a combined $8.21B — up 8.3% from $7.58B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new BAP positions and 13 closed out — a net gain of 21 holders — while 89 added to existing stakes and 95 trimmed.
The largest buyer was Lazard Asset Management, opening a new position worth an estimated $125M. The largest seller was BlackRock Fund Advisors, cutting an estimated $39.2M.
- 239 institutional investors held Credicorp (BAP) as of Q4 2014, up from 220 in Q3 2014.
- Funds reported $8.21B of Credicorp stock for Q4 2014, up 8.3% quarter-over-quarter.
- 34 funds opened new Credicorp positions in Q4 2014 and 13 closed out, a net change of +21 holders.
- The largest Credicorp buyer in Q4 2014 was Lazard Asset Management, an estimated $125M added.
- The largest Credicorp seller in Q4 2014 was BlackRock Fund Advisors, an estimated $39.2M sold.
Based on aggregated 13F filings for Q4 2014.