Banco Macro
73 hedge funds and large institutions have $421M invested in Banco Macro in 2014 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 25 increasing their positions, 23 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
24% more capital invested
Capital invested by funds: $339M → $421M (+$81.5M)
11% more funds holding
Funds holding: 66 → 73 (+7)
9% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 23
0.21% more ownership
Funds ownership: 1.61% → 1.82% (+0.21%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $3M
Top Buyers
| 1 |
II
INCA Investments
Miami,
Florida
|
+$25.8M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$12.2M |
| 3 |
EC
Everest Capital
Miami,
Florida
|
+$6.47M |
| 4 |
AGCJ
Alden Global Capital (Jersey)
St. Helier,
Jersey
|
+$5.85M |
| 5 |
EC
EMS Capital
New York
|
+$4.51M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Millennium Management
New York
| – | -$878K | -24,360 | Closed |
|
77
Fidelity International
Hamilton,
Bermuda
| – | -$793K | -22,000 | Closed |
|
|
CLOS
78
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$432K | -12,000 | Closed |
|
79
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$361K | -9,215 | Closed |
|
|
ACM
80
Ativo Capital Management
Chicago,
Illinois
| – | -$252K | -7,002 | Closed |
|
|
HTHT
81
Hemenway Trust Hemenway Trust
Salem,
New Hampshire
| – | -$207K | -5,745 | Closed |
|
|
PAS
82
Partnervest Advisory Services
Santa Barbara,
California
| – | -$2K | -53 | Closed |
|
|
TAM
83
Tocqueville Asset Management
New York
| – | -$1K | -37 | Closed |
|
BMA Hedge Fund Activity: Q3 2014 in Review
73 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Banco Macro (BMA) for Q3 2014, worth a combined $421M — up 24% from $339M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new BMA positions and 10 closed out — a net gain of 8 holders — while 25 added to existing stakes and 23 trimmed.
The largest buyer was INCA Investments, opening a new position worth an estimated $25.8M. The largest seller was Lazard Asset Management, cutting an estimated $8.77M.
- 73 institutional investors held Banco Macro (BMA) as of Q3 2014, up from 66 in Q2 2014.
- Funds reported $421M of Banco Macro stock for Q3 2014, up 24% quarter-over-quarter.
- 18 funds opened new Banco Macro positions in Q3 2014 and 10 closed out, a net change of +8 holders.
- The largest Banco Macro buyer in Q3 2014 was INCA Investments, an estimated $25.8M added.
- The largest Banco Macro seller in Q3 2014 was Lazard Asset Management, an estimated $8.77M sold.
Based on aggregated 13F filings for Q3 2014.