Codere Online
CDRO
8 hedge funds and large institutions have $30.1M invested in Codere Online in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
101% more capital invested
Capital invested by funds: $14.9M → $30.1M (+$15.2M)
33% more funds holding
Funds holding: 6 → 8 (+2)
1.53% less ownership
Funds ownership: 11.19% → 9.66% (-1.5%)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIA
FNY Investment Advisers
New York
|
+$270K |
| 2 |
Renaissance Technologies
New York
|
+$94.1K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$55.1K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$44.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.35M |
| 2 |
BAMCO Inc
New York
|
-$1.55M |
| 3 |
MIA
MMBG Investment Advisors
Miami,
Florida
|
-$91.9K |
| 4 |
Walleye Capital
New York
|
-$42.7K |
| 5 |
William Blair & Company
Chicago,
Illinois
|
-$15.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
BAMCO Inc
New York
| $24.5M | -$1.55M | -297,120 | -8% |
|
|
2
Morgan Stanley
New York
| $2.5M | -$2.35M | -449,593 | -56% |
|
|
MIA
3
MMBG Investment Advisors
Miami,
Florida
| $2.05M | -$91.9K | -17,566 | -6% |
|
|
4
William Blair & Company
Chicago,
Illinois
| $578K | -$15.4K | -2,950 | -3% |
|
|
5
Renaissance Technologies
New York
| $280K | +$94.1K | +18,000 | +81% |
|
|
6
Citadel Advisors
Miami,
Florida
| $73.4K | +$55.1K | +10,546 | New |
|
|
7
UBS Group
Zurich,
Switzerland
| $59.3K | +$44.5K | +8,518 | New |
|
|
FIA
8
FNY Investment Advisers
New York
| $358 | +$270K | +51,557 | New |
|
|
9
Walleye Capital
New York
| – | -$42.7K | -14,470 | Closed |
|
CDRO Hedge Fund Activity: Q1 2024 in Review
8 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Codere Online (CDRO) for Q1 2024, worth a combined $30.1M — up 101% from $14.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new CDRO positions and 1 closed out — a net gain of 2 holders — while 1 added to existing stakes and 4 trimmed.
The largest buyer was FNY Investment Advisers, opening a new position worth an estimated $270K. The largest seller was Morgan Stanley, cutting an estimated $2.35M.
- 8 institutional investors held Codere Online (CDRO) as of Q1 2024, up from 6 in Q4 2023.
- Funds reported $30.1M of Codere Online stock for Q1 2024, up 101% quarter-over-quarter.
- 3 funds opened new Codere Online positions in Q1 2024 and 1 closed out, a net change of +2 holders.
- The largest Codere Online buyer in Q1 2024 was FNY Investment Advisers, an estimated $270K added.
- The largest Codere Online seller in Q1 2024 was Morgan Stanley, an estimated $2.35M sold.
Based on aggregated 13F filings for Q1 2024.