Caleres
CAL
173 hedge funds and large institutions have $997M invested in Caleres in 2017 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 70 increasing their positions, 61 reducing their positions, and 43 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 61
3.16% more ownership
Funds ownership: 85.33% → 88.49% (+3.2%)
14% less funds holding
Funds holding: 200 → 173 (-27)
17% less capital invested
Capital invested by funds: $1.2B → $997M (-$206M)
41% less call options, than puts
Call options by funds: $386K | Put options by funds: $649K
49% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 43
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$157M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$22.7M |
| 3 |
Credit Agricole
Montrouge Cedex,
France
|
+$9.89M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$9.81M |
| 5 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$7.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$14.3M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$7.33M |
| 3 |
Morgan Stanley
New York
|
-$6.5M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$6.37M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$6M |
CAL Hedge Fund Activity: Q1 2017 in Review
173 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Caleres (CAL) for Q1 2017, worth a combined $997M — down 17% from $1.2B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of CAL and 22 opened new positions — a net loss of 21 holders — while 61 trimmed existing stakes and 70 added.
The largest buyer was BlackRock, adding an estimated $157M. The largest seller was Millennium Management, cutting an estimated $14.3M.
- 173 institutional investors held Caleres (CAL) as of Q1 2017, down from 200 in Q4 2016.
- Funds reported $997M of Caleres stock for Q1 2017, down 17% quarter-over-quarter.
- 22 funds opened new Caleres positions in Q1 2017 and 43 closed out, a net change of -21 holders.
- The largest Caleres buyer in Q1 2017 was BlackRock, an estimated $157M added.
- The largest Caleres seller in Q1 2017 was Millennium Management, an estimated $14.3M sold.
Based on aggregated 13F filings for Q1 2017.