Banco Macro
97 hedge funds and large institutions have $684M invested in Banco Macro in 2018 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 29 increasing their positions, 24 reducing their positions, and 40 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 24
0.11% less ownership
Funds ownership: 2.62% → 2.51% (-0.11%)
15% less funds holding
Funds holding: 114 → 97 (-17)
24% less call options, than puts
Call options by funds: $6.66M | Put options by funds: $8.73M
33% less capital invested
Capital invested by funds: $1.02B → $684M (-$332M)
40% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 40
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 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 |
Millennium Management
New York
|
+$9.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 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 |
BMA Hedge Fund Activity: Q3 2018 in Review
97 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Banco Macro (BMA) for Q3 2018, worth a combined $684M — down 33% from $1.02B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of BMA and 24 opened new positions — a net loss of 16 holders — while 24 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.
- 97 institutional investors held Banco Macro (BMA) as of Q3 2018, down from 114 in Q2 2018.
- Funds reported $684M of Banco Macro stock for Q3 2018, down 33% quarter-over-quarter.
- 24 funds opened new Banco Macro positions in Q3 2018 and 40 closed out, a net change of -16 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.