Banco Macro
140 hedge funds and large institutions have $2.05B invested in Banco Macro in 2018 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 54 increasing their positions, 37 reducing their positions, and 32 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 37
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
0.19% less ownership
Funds ownership: 3.17% → 2.98% (-0.19%)
11% less funds holding
Funds holding: 157 → 140 (-17)
15% less capital invested
Capital invested by funds: $2.42B → $2.05B (-$369M)
39% less call options, than puts
Call options by funds: $4.3M | Put options by funds: $7.04M
47% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$94.6M |
| 2 |
TI
TT International
London,
United Kingdom
|
+$47.1M |
| 3 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
+$37.8M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$21M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$185M |
| 2 |
PC
PointState Capital
New York
|
-$83M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$43.4M |
| 4 |
DP
DSAM Partners
London,
United Kingdom
|
-$29.2M |
| 5 |
AI
Axiom Investors
Greenwich,
Connecticut
|
-$21.6M |
BMA Hedge Fund Activity: Q1 2018 in Review
140 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Banco Macro (BMA) for Q1 2018, worth a combined $2.05B — down 15% from $2.42B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of BMA and 17 opened new positions — a net loss of 15 holders — while 37 trimmed existing stakes and 54 added.
The largest buyer was BlackRock, adding an estimated $94.6M. The largest seller was Capital World Investors, cutting an estimated $185M.
- 140 institutional investors held Banco Macro (BMA) as of Q1 2018, down from 157 in Q4 2017.
- Funds reported $2.05B of Banco Macro stock for Q1 2018, down 15% quarter-over-quarter.
- 17 funds opened new Banco Macro positions in Q1 2018 and 32 closed out, a net change of -15 holders.
- The largest Banco Macro buyer in Q1 2018 was BlackRock, an estimated $94.6M added.
- The largest Banco Macro seller in Q1 2018 was Capital World Investors, an estimated $185M sold.
Based on aggregated 13F filings for Q1 2018.