Banco Macro
99 hedge funds and large institutions have $690M invested in Banco Macro in 2018 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 29 increasing their positions, 25 reducing their positions, and 39 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 25
0.07% less ownership
Funds ownership: 2.63% → 2.56% (-0.07%)
13% less funds holding
Funds holding: 114 → 99 (-15)
24% less call options, than puts
Call options by funds: $6.66M | Put options by funds: $8.73M
36% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 39
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
88% less capital invested
Capital invested by funds: $5.75B → $690M (-$5.06B)
Top Buyers
| 1 |
HSBC Holdings
London,
United Kingdom
|
+$99.2M |
| 2 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
+$36.5M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$24.6M |
| 4 |
BlackRock
New York
|
+$16.8M |
| 5 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$12.4M |
Top Sellers
| 1 |
CG
Carmignac Gestion
Paris,
France
|
-$126M |
| 2 |
PC
PointState Capital
New York
|
-$28.7M |
| 3 |
Morgan Stanley
New York
|
-$21.3M |
| 4 |
GAM
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
-$17.9M |
| 5 |
TI
TT International
London,
United Kingdom
|
-$15.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAMU
126
Pictet Asset Management (UK)
London,
United Kingdom
| – | -$221K | -3,764 | Closed |
|
127
Comerica Bank
Dallas,
Texas
| – | -$244K | -3,620 | Closed |
|
128
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
| – | -$212K | -3,600 | Closed |
|
129
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$128K | -2,180 | Closed |
|
130
Simplex Trading
Chicago,
Illinois
| – | -$87.8K | -1,634 | Closed |
|
|
PG
131
Pendal Group
Sydney,
Australia
| – | -$88.2K | -1,500 | Closed |
|
|
IWP
132
Icon Wealth Partners
Houston,
Texas
| – | -$60K | -1,015 | Closed |
|
|
PPFA
133
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
| – | -$10K | -159 | Closed |
|
|
RFC
134
Regions Financial Corp
Birmingham,
Alabama
| – | -$2K | -40 | Closed |
|
135
US Bancorp
Minneapolis,
Minnesota
| – | -$2K | -36 | Closed |
|
136
UBS AM
Chicago,
Illinois
| – | -$1.59K | -27 | Closed |
|
|
CAW
137
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$1K | -10 | Closed |
|
BMA Hedge Fund Activity: Q3 2018 in Review
99 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Banco Macro (BMA) for Q3 2018, worth a combined $690M — down 88% from $5.75B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of BMA and 25 opened new positions — a net loss of 14 holders — while 25 trimmed existing stakes and 29 added.
The largest buyer was HSBC Holdings, adding an estimated $99.2M. The largest seller was Carmignac Gestion, cutting an estimated $126M.
- 99 institutional investors held Banco Macro (BMA) as of Q3 2018, down from 114 in Q2 2018.
- Funds reported $690M of Banco Macro stock for Q3 2018, down 88% quarter-over-quarter.
- 25 funds opened new Banco Macro positions in Q3 2018 and 39 closed out, a net change of -14 holders.
- The largest Banco Macro buyer in Q3 2018 was HSBC Holdings, an estimated $99.2M added.
- The largest Banco Macro seller in Q3 2018 was Carmignac Gestion, an estimated $126M sold.
Based on aggregated 13F filings for Q3 2018.