Caleres
CAL
200 hedge funds and large institutions have $1.2B invested in Caleres in 2016 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 62 increasing their positions, 63 reducing their positions, and 20 closing their positions.
155% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 20
140% more call options, than puts
Call options by funds: $1.63M | Put options by funds: $677K
31% more capital invested
Capital invested by funds: $920M → $1.2B (+$282M)
16% more funds holding
Funds holding: 172 → 200 (+28)
2% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 63
1.71% less ownership
Funds ownership: 87.04% → 85.33% (-1.7%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$14.3M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$12.4M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$7.69M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$5.69M |
| 5 |
JP Morgan Chase
New York
|
+$4.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
-$14.7M |
| 2 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
-$10.1M |
| 3 |
FIM
Foresters Investment Management
New York
|
-$6.56M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$6.14M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$5.79M |
CAL Hedge Fund Activity: Q4 2016 in Review
200 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Caleres (CAL) for Q4 2016, worth a combined $1.2B — up 31% from $920M a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new CAL positions and 20 closed out — a net gain of 31 holders — while 62 added to existing stakes and 63 trimmed.
The largest buyer was Millennium Management, adding an estimated $14.3M. The largest seller was Epoch Investment Partners, exiting entirely with an estimated $14.7M sold.
- 200 institutional investors held Caleres (CAL) as of Q4 2016, up from 172 in Q3 2016.
- Funds reported $1.2B of Caleres stock for Q4 2016, up 31% quarter-over-quarter.
- 51 funds opened new Caleres positions in Q4 2016 and 20 closed out, a net change of +31 holders.
- The largest Caleres buyer in Q4 2016 was Millennium Management, an estimated $14.3M added.
- The largest Caleres seller in Q4 2016 was Epoch Investment Partners, an estimated $14.7M sold.
Based on aggregated 13F filings for Q4 2016.