Codere Online
CDRO
10 hedge funds and large institutions have $18.9M invested in Codere Online in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 4 closing their positions.
29% more capital invested
Capital invested by funds: $14.6M → $18.9M (+$4.28M)
0.49% more ownership
Funds ownership: 10.93% → 11.42% (+0.49%)
17% less funds holding
Funds holding: 12 → 10 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.07M |
| 2 |
Renaissance Technologies
New York
|
+$47.9K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$236 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
-$260K |
| 2 |
Millennium Management
New York
|
-$134K |
| 3 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
-$37.2K |
| 4 |
Barclays
London,
United Kingdom
|
-$2.42K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.28K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
BAMCO Inc
New York
| $14.6M | -$260K | -85,966 | -2% |
|
|
2
Millennium Management
New York
| $1.3M | -$134K | -44,085 | -11% |
|
|
3
Morgan Stanley
New York
| $1.27M | +$1.07M | +354,000 | New |
|
|
MIA
4
MMBG Investment Advisors
Miami,
Florida
| $1.03M | – | – | – |
|
5
William Blair & Company
Chicago,
Illinois
| $426K | – | – | – |
|
|
CCA
6
Castle Creek Arbitrage
Avon,
Colorado
| $183K | – | – | – |
|
|
7
Renaissance Technologies
New York
| $57K | +$47.9K | +15,814 | New |
|
8
Walleye Capital
New York
| $53.4K | – | – | – |
|
|
9
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3K | +$236 | +78 | +10% |
|
|
10
Barclays
London,
United Kingdom
| $360 | -$2.42K | -799 | -89% |
|
|
ETC
11
Exchange Traded Concepts
Oklahoma City,
Oklahoma
| – | -$37.2K | -12,602 | Closed |
|
|
WAM
12
Wolverine Asset Management
Chicago,
Illinois
| – | -$2.28K | -751 | Closed |
|
13
UBS Group
Zurich,
Switzerland
| – | -$64 | -21 | Closed |
|
CDRO Hedge Fund Activity: Q2 2023 in Review
10 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Codere Online (CDRO) for Q2 2023, worth a combined $18.9M — up 29% from $14.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CDRO and 2 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Morgan Stanley, opening a new position worth an estimated $1.07M. The largest seller was BAMCO Inc, cutting an estimated $260K.
- 10 institutional investors held Codere Online (CDRO) as of Q2 2023, down from 12 in Q1 2023.
- Funds reported $18.9M of Codere Online stock for Q2 2023, up 29% quarter-over-quarter.
- 2 funds opened new Codere Online positions in Q2 2023 and 4 closed out, a net change of -2 holders.
- The largest Codere Online buyer in Q2 2023 was Morgan Stanley, an estimated $1.07M added.
- The largest Codere Online seller in Q2 2023 was BAMCO Inc, an estimated $260K sold.
Based on aggregated 13F filings for Q2 2023.