Companhia Brasileira de Distribuicao
CBD
CBD was delisted on the 18th of April, 2024.
57 hedge funds and large institutions have $4.6M invested in Companhia Brasileira de Distribuicao in 2023 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 23 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
15% less funds holding
Funds holding: 67 → 57 (-10)
43% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 23
90% less capital invested
Capital invested by funds: $48.4M → $4.6M (-$43.8M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KI
Kapitalo Investimentos
Sao Paulo,
Brazil
|
+$3.63M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.05M |
| 3 |
RhumbLine Advisers
Boston,
Massachusetts
|
+$733K |
| 4 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
+$559K |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$394K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Carronade Capital Management
Darien,
Connecticut
|
-$9.01M |
| 2 |
BBP
Banco BTG Pactual
Rio De Janeiro,
Brazil
|
-$5.16M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$3.99M |
| 4 |
Morgan Stanley
New York
|
-$3.51M |
| 5 |
BlackRock
New York
|
-$1.07M |
CBD Hedge Fund Activity: Q3 2023 in Review
57 of the 6,303 institutional investors tracked by Wall St. Rank reported a position in Companhia Brasileira de Distribuicao (CBD) for Q3 2023, worth a combined $4.6M — down 90% from $48.4M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of CBD and 13 opened new positions — a net loss of 10 holders — while 15 trimmed existing stakes and 17 added.
The largest buyer was Kapitalo Investimentos, opening a new position worth an estimated $3.63M. The largest seller was Carronade Capital Management, exiting entirely with an estimated $9.01M sold.
- 57 institutional investors held Companhia Brasileira de Distribuicao (CBD) as of Q3 2023, down from 67 in Q2 2023.
- Funds reported $4.6M of Companhia Brasileira de Distribuicao stock for Q3 2023, down 90% quarter-over-quarter.
- 13 funds opened new Companhia Brasileira de Distribuicao positions in Q3 2023 and 23 closed out, a net change of -10 holders.
- The largest Companhia Brasileira de Distribuicao buyer in Q3 2023 was Kapitalo Investimentos, an estimated $3.63M added.
- The largest Companhia Brasileira de Distribuicao seller in Q3 2023 was Carronade Capital Management, an estimated $9.01M sold.
Based on aggregated 13F filings for Q3 2023.