Companhia Brasileira de Distribuicao
CBD
CBD was delisted on the 18th of April, 2024.
112 hedge funds and large institutions have $722M invested in Companhia Brasileira de Distribuicao in 2018 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 30 increasing their positions, 31 reducing their positions, and 14 closing their positions.
171% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 14
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
26% more funds holding
Funds holding: 89 → 112 (+23)
3% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 31
1.35% less ownership
Funds ownership: 14.28% → 12.93% (-1.3%)
12% less capital invested
Capital invested by funds: $824M → $722M (-$102M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $3.71M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
+$34M |
| 2 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$19.6M |
| 3 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$8.75M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$8.64M |
| 5 |
PSCM
Prince Street Capital Management
New York
|
+$7.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Carmignac Gestion
Paris,
France
|
-$167M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$7.96M |
| 3 |
BlackRock
New York
|
-$7.83M |
| 4 |
Goldman Sachs
New York
|
-$5.65M |
| 5 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$4.96M |
CBD Hedge Fund Activity: Q4 2018 in Review
112 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Companhia Brasileira de Distribuicao (CBD) for Q4 2018, worth a combined $722M — down 12% from $824M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new CBD positions and 14 closed out — a net gain of 24 holders — while 30 added to existing stakes and 31 trimmed.
The largest buyer was Coronation Fund Managers, opening a new position worth an estimated $34M. The largest seller was Carmignac Gestion, cutting an estimated $167M.
- 112 institutional investors held Companhia Brasileira de Distribuicao (CBD) as of Q4 2018, up from 89 in Q3 2018.
- Funds reported $722M of Companhia Brasileira de Distribuicao stock for Q4 2018, down 12% quarter-over-quarter.
- 38 funds opened new Companhia Brasileira de Distribuicao positions in Q4 2018 and 14 closed out, a net change of +24 holders.
- The largest Companhia Brasileira de Distribuicao buyer in Q4 2018 was Coronation Fund Managers, an estimated $34M added.
- The largest Companhia Brasileira de Distribuicao seller in Q4 2018 was Carmignac Gestion, an estimated $167M sold.
Based on aggregated 13F filings for Q4 2018.