Banco Macro
65 hedge funds and large institutions have $100M invested in Banco Macro in 2020 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 13 increasing their positions, 29 reducing their positions, and 23 closing their positions.
54% more call options, than puts
Call options by funds: $4.49M | Put options by funds: $2.91M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
0.26% less ownership
Funds ownership: 1.38% → 1.12% (-0.26%)
13% less funds holding
Funds holding: 75 → 65 (-10)
40% less capital invested
Capital invested by funds: $168M → $100M (-$67.7M)
43% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 23
55% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.25M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$1.78M |
| 3 |
MAMNY
Marathon Asset Management (New York)
New York
|
+$1.24M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$867K |
| 5 |
NCM
Newfoundland Capital Management
Sao Paulo,
Brazil
|
+$775K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.85M |
| 2 |
Renaissance Technologies
New York
|
-$4.13M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.87M |
| 4 |
D.E. Shaw & Co
New York
|
-$3.68M |
| 5 |
Millennium Management
New York
|
-$3.54M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CANY
76
Caxton Associates (New York)
New York
| – | -$291K | -15,688 | Closed |
|
77
Walleye Capital
New York
| – | -$273K | -14,700 | Closed |
|
78
Walleye Trading
New York
| – | -$266K | -14,320 | Closed |
|
|
CCM
79
Cadence Capital Management
Boston,
Massachusetts
| – | -$253K | -13,645 | Closed |
|
80
Voloridge Investment Management
Jupiter,
Florida
| – | -$237K | -12,801 | Closed |
|
81
KBC Group
Brussels,
Belgium
| – | -$68K | -3,702 | Closed |
|
82
Schroder Investment Management Group
London,
United Kingdom
| – | -$47K | -2,540 | Closed |
|
83
Group One Trading
Chicago,
Illinois
| – | -$48.9K | -2,514 | Closed |
|
|
QT
84
Quantbot Technologies
New York
| – | -$32K | -1,729 | Closed |
|
85
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$27K | -1,445 | Closed |
|
|
EW
86
Evoke Wealth
Los Angeles,
California
| – | -$2K | -113 | Closed |
|
BMA Hedge Fund Activity: Q3 2020 in Review
65 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Banco Macro (BMA) for Q3 2020, worth a combined $100M — down 40% from $168M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of BMA and 13 opened new positions — a net loss of 10 holders — while 29 trimmed existing stakes and 13 added.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $4.25M. The largest seller was Wellington Management Group, cutting an estimated $5.85M.
- 65 institutional investors held Banco Macro (BMA) as of Q3 2020, down from 75 in Q2 2020.
- Funds reported $100M of Banco Macro stock for Q3 2020, down 40% quarter-over-quarter.
- 13 funds opened new Banco Macro positions in Q3 2020 and 23 closed out, a net change of -10 holders.
- The largest Banco Macro buyer in Q3 2020 was Arrowstreet Capital, an estimated $4.25M added.
- The largest Banco Macro seller in Q3 2020 was Wellington Management Group, an estimated $5.85M sold.
Based on aggregated 13F filings for Q3 2020.