Companhia Brasileira de Distribuicao
CBD
CBD was delisted on the 18th of April, 2024.
62 hedge funds and large institutions have $283M invested in Companhia Brasileira de Distribuicao in 2020 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 23 reducing their positions, and 19 closing their positions.
10% less capital invested
Capital invested by funds: $314M → $283M (-$31.3M)
13% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 23
15% less funds holding
Funds holding: 73 → 62 (-11)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
53% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 19
92% less call options, than puts
Call options by funds: $194K | Put options by funds: $2.52M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$10.9M |
| 2 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$6.47M |
| 3 |
NCM
Newfoundland Capital Management
Sao Paulo,
Brazil
|
+$2.95M |
| 4 |
SC
Sagil Capital
London,
United Kingdom
|
+$2.81M |
| 5 |
Morgan Stanley
New York
|
+$2.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
-$14.4M |
| 2 |
ICP
Indus Capital Partners
New York
|
-$5.83M |
| 3 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$4.09M |
| 4 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$2.93M |
| 5 |
B
Barings
Charlotte,
North Carolina
|
-$2.81M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
76
Tower Research Capital (TRC)
New York
| – | -$7K | -598 | Closed |
|
|
GWS
77
Glassman Wealth Services
Vienna,
Virginia
| – | -$2K | -120 | Closed |
|
|
KPW
78
Kore Private Wealth
New York
| – | -$1K | -85 | Closed |
|
79
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1K | -82 | Closed |
|
CBD Hedge Fund Activity: Q3 2020 in Review
62 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Companhia Brasileira de Distribuicao (CBD) for Q3 2020, worth a combined $283M — down 10% from $314M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of CBD and 9 opened new positions — a net loss of 10 holders — while 23 trimmed existing stakes and 20 added.
The largest buyer was Bank of America, adding an estimated $10.9M. The largest seller was Coronation Fund Managers, cutting an estimated $14.4M.
- 62 institutional investors held Companhia Brasileira de Distribuicao (CBD) as of Q3 2020, down from 73 in Q2 2020.
- Funds reported $283M of Companhia Brasileira de Distribuicao stock for Q3 2020, down 10% quarter-over-quarter.
- 9 funds opened new Companhia Brasileira de Distribuicao positions in Q3 2020 and 19 closed out, a net change of -10 holders.
- The largest Companhia Brasileira de Distribuicao buyer in Q3 2020 was Bank of America, an estimated $10.9M added.
- The largest Companhia Brasileira de Distribuicao seller in Q3 2020 was Coronation Fund Managers, an estimated $14.4M sold.
Based on aggregated 13F filings for Q3 2020.