Companhia Brasileira de Distribuicao
CBD
CBD was delisted on the 18th of April, 2024.
98 hedge funds and large institutions have $863M invested in Companhia Brasileira de Distribuicao in 2016 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 22 increasing their positions, 33 reducing their positions, and 13 closing their positions.
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
4% more funds holding
Funds holding: 94 → 98 (+4)
3% more capital invested
Capital invested by funds: $838M → $863M (+$25.1M)
33% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 33
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Carmignac Gestion
Paris,
France
|
+$14.5M |
| 2 |
Credit Agricole
Montrouge Cedex,
France
|
+$4.39M |
| 3 |
BAM
Baring Asset Management
London,
United Kingdom
|
+$2.81M |
| 4 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
+$1.77M |
| 5 |
TG
TCW Group
Los Angeles,
California
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$28.4M |
| 2 |
LOAMS
Lombard Odier Asset Management (Switzerland)
Petit-Lancy,
Switzerland
|
-$15.3M |
| 3 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$8.83M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$7.28M |
| 5 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
-$7.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DRZID
101
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
| – | -$1.21M | -83,430 | Closed |
|
|
WBC
102
Westpac Banking Corp
Sydney,
Australia
| – | -$790K | -54,292 | Closed |
|
103
Renaissance Technologies
New York
| – | -$690K | -47,400 | Closed |
|
104
Goldman Sachs
New York
| – | -$531K | -36,484 | Closed |
|
|
TI
105
Trexquant Investment
Stamford,
Connecticut
| – | -$369K | -25,385 | Closed |
|
|
BA
106
BlackRock Advisors
Wilmington,
Delaware
| – | -$80K | -5,528 | Closed |
|
|
AAM
107
Advisors Asset Management
Monument,
Colorado
| – | -$38K | -2,617 | Closed |
|
|
CCA
108
Checchi Capital Advisers
Beverly Hills,
California
| – | -$14K | -961 | Closed |
|
109
Nordea Investment Management
Stockholm,
Sweden
| – | -$4K | -309 | Closed |
|
CBD Hedge Fund Activity: Q3 2016 in Review
98 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Companhia Brasileira de Distribuicao (CBD) for Q3 2016, worth a combined $863M — up 3% from $838M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new CBD positions and 13 closed out — a net gain of 5 holders — while 22 added to existing stakes and 33 trimmed.
The largest buyer was Carmignac Gestion, adding an estimated $14.5M. The largest seller was Macquarie Group, cutting an estimated $28.4M.
- 98 institutional investors held Companhia Brasileira de Distribuicao (CBD) as of Q3 2016, up from 94 in Q2 2016.
- Funds reported $863M of Companhia Brasileira de Distribuicao stock for Q3 2016, up 3% quarter-over-quarter.
- 18 funds opened new Companhia Brasileira de Distribuicao positions in Q3 2016 and 13 closed out, a net change of +5 holders.
- The largest Companhia Brasileira de Distribuicao buyer in Q3 2016 was Carmignac Gestion, an estimated $14.5M added.
- The largest Companhia Brasileira de Distribuicao seller in Q3 2016 was Macquarie Group, an estimated $28.4M sold.
Based on aggregated 13F filings for Q3 2016.