Banco Macro
136 hedge funds and large institutions have $2.52B invested in Banco Macro in 2017 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 43 increasing their positions, 49 reducing their positions, and 29 closing their positions.
41% more capital invested
Capital invested by funds: $1.8B → $2.52B (+$728M)
0.31% more ownership
Funds ownership: 2.96% → 3.27% (+0.31%)
9% less funds holding
Funds holding: 150 → 136 (-14)
12% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 49
33% less funds holding in top 10
Funds holding in top 10: 12 → 8 (-4)
37% less call options, than puts
Call options by funds: $7.14M | Put options by funds: $11.3M
38% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Carmignac Gestion
Paris,
France
|
+$109M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$81.6M |
| 3 |
AI
Axiom Investors
Greenwich,
Connecticut
|
+$30.7M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$18.2M |
| 5 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$17.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$30M |
| 2 |
JP Morgan Chase
New York
|
-$11.6M |
| 3 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
-$10.9M |
| 4 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$9.22M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$8.31M |
BMA Hedge Fund Activity: Q3 2017 in Review
136 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Banco Macro (BMA) for Q3 2017, worth a combined $2.52B — up 41% from $1.8B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of BMA and 18 opened new positions — a net loss of 11 holders — while 49 trimmed existing stakes and 43 added.
The largest buyer was Carmignac Gestion, adding an estimated $109M. The largest seller was BlackRock, cutting an estimated $30M.
- 136 institutional investors held Banco Macro (BMA) as of Q3 2017, down from 150 in Q2 2017.
- Funds reported $2.52B of Banco Macro stock for Q3 2017, up 41% quarter-over-quarter.
- 18 funds opened new Banco Macro positions in Q3 2017 and 29 closed out, a net change of -11 holders.
- The largest Banco Macro buyer in Q3 2017 was Carmignac Gestion, an estimated $109M added.
- The largest Banco Macro seller in Q3 2017 was BlackRock, an estimated $30M sold.
Based on aggregated 13F filings for Q3 2017.