Companhia Brasileira de Distribuicao
CBD
CBD was delisted on the 18th of April, 2024.
84 hedge funds and large institutions have $838M invested in Companhia Brasileira de Distribuicao in 2018 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 21 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 24
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 89 → 84 (-5)
19% less capital invested
Capital invested by funds: $1.04B → $838M (-$199M)
24% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 21
99% less call options, than puts
Call options by funds: $2K | Put options by funds: $160K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$10.7M |
| 2 |
II
INCA Investments
Miami,
Florida
|
+$10.7M |
| 3 |
Renaissance Technologies
New York
|
+$2.22M |
| 4 |
Morgan Stanley
New York
|
+$2M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PG
Pendal Group
Sydney,
Australia
|
-$26.6M |
| 2 |
BlackRock
New York
|
-$11.8M |
| 3 |
CG
Carmignac Gestion
Paris,
France
|
-$5.98M |
| 4 |
ICP
Indus Capital Partners
New York
|
-$5.47M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$4.98M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DCM
101
Delpha Capital Management
New York
| – | -$16K | -700 | Closed |
|
102
Envestnet Asset Management
Chicago,
Illinois
| – | -$6K | -265 | Closed |
|
|
OWA
103
One Wealth Advisors
San Francisco,
California
| – | -$1K | -36 | Closed |
|
|
CIP
104
Convergence Investment Partners
Palm Beach Gardens,
Florida
| – | +$152 | +7 | New |
|
CBD Hedge Fund Activity: Q1 2018 in Review
84 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Companhia Brasileira de Distribuicao (CBD) for Q1 2018, worth a combined $838M — down 19% from $1.04B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of CBD and 16 opened new positions — a net loss of 5 holders — while 24 trimmed existing stakes and 30 added.
The largest buyer was Millennium Management, adding an estimated $10.7M. The largest seller was Pendal Group, exiting entirely with an estimated $26.6M sold.
- 84 institutional investors held Companhia Brasileira de Distribuicao (CBD) as of Q1 2018, down from 89 in Q4 2017.
- Funds reported $838M of Companhia Brasileira de Distribuicao stock for Q1 2018, down 19% quarter-over-quarter.
- 16 funds opened new Companhia Brasileira de Distribuicao positions in Q1 2018 and 21 closed out, a net change of -5 holders.
- The largest Companhia Brasileira de Distribuicao buyer in Q1 2018 was Millennium Management, an estimated $10.7M added.
- The largest Companhia Brasileira de Distribuicao seller in Q1 2018 was Pendal Group, an estimated $26.6M sold.
Based on aggregated 13F filings for Q1 2018.