Banco Macro
150 hedge funds and large institutions have $1.8B invested in Banco Macro in 2017 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 56 increasing their positions, 40 reducing their positions, and 13 closing their positions.
185% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 13
71% more funds holding in top 10
Funds holding in top 10: 7 → 12 (+5)
67% more capital invested
Capital invested by funds: $1.08B → $1.8B (+$718M)
40% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 40
18% more funds holding
Funds holding: 127 → 150 (+23)
0.8% more ownership
Funds ownership: 2.17% → 2.96% (+0.8%)
45% less call options, than puts
Call options by funds: $11.2M | Put options by funds: $20.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Carmignac Gestion
Paris,
France
|
+$130M |
| 2 |
PC
PointState Capital
New York
|
+$97.1M |
| 3 |
TP
Third Point
New York
|
+$79.2M |
| 4 |
BAMCO Inc
New York
|
+$33.9M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$25.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$7.47M |
| 2 |
GAMA
Graticule Asia Macro Advisors
New York
|
-$7.3M |
| 3 |
Goldman Sachs
New York
|
-$6.37M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$6.15M |
| 5 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
-$5.64M |
BMA Hedge Fund Activity: Q2 2017 in Review
150 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Banco Macro (BMA) for Q2 2017, worth a combined $1.8B — up 67% from $1.08B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new BMA positions and 13 closed out — a net gain of 24 holders — while 56 added to existing stakes and 40 trimmed.
The largest buyer was Carmignac Gestion, adding an estimated $130M. The largest seller was SPX Gestao de Recursos, cutting an estimated $7.47M.
- 150 institutional investors held Banco Macro (BMA) as of Q2 2017, up from 127 in Q1 2017.
- Funds reported $1.8B of Banco Macro stock for Q2 2017, up 67% quarter-over-quarter.
- 37 funds opened new Banco Macro positions in Q2 2017 and 13 closed out, a net change of +24 holders.
- The largest Banco Macro buyer in Q2 2017 was Carmignac Gestion, an estimated $130M added.
- The largest Banco Macro seller in Q2 2017 was SPX Gestao de Recursos, an estimated $7.47M sold.
Based on aggregated 13F filings for Q2 2017.