Costamare
CMRE
54 hedge funds and large institutions have $213M invested in Costamare in 2013 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 7 reducing their positions, and 9 closing their positions.
1,460% more call options, than puts
Call options by funds: $546K | Put options by funds: $35K
229% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 7
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
4% more funds holding
Funds holding: 52 → 54 (+2)
0.66% less ownership
Funds ownership: 18.23% → 17.57% (-0.66%)
11% less capital invested
Capital invested by funds: $240M → $213M (-$27.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.74M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.83M |
| 3 |
BC
Barnett & Company
Chattanooga,
Tennessee
|
+$1.27M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.21M |
| 5 |
HK
Horizon Kinetics
New York
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$12.3M |
| 2 |
NM
Nokota Management
New York
|
-$10.2M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$1.3M |
| 4 |
Jane Street
New York
|
-$1.15M |
| 5 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
-$1.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PG
51
PEAK6 Group
Chicago,
Illinois
| $4K | +$4.07K | +229 | New |
|
|
RIA
52
Regal Investment Advisors
Kentwood,
Michigan
| $2K | -$5.33K | -300 | -75% |
|
53
Barclays
London,
United Kingdom
| $2K | +$1.78K | +100 | New |
|
|
BFA
54
BlackRock Fund Advisors
San Francisco,
California
| $1K | – | – | – |
|
|
NM
55
Nokota Management
New York
| – | -$10.2M | -577,504 | Closed |
|
|
RFC
56
Russell Frank Company
Seattle,
Washington
| – | -$1.3M | -73,548 | Closed |
|
|
57
Jane Street
New York
| – | -$1.15M | -65,431 | Closed |
|
|
CCM
58
Contrarian Capital Management
Greenwich,
Connecticut
| – | -$1.05M | -59,773 | Closed |
|
59
AllianceBernstein
Nashville,
Tennessee
| – | -$1.04M | -59,060 | Closed |
|
60
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$507K | -28,807 | Closed |
|
|
BMCMI
61
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
| – | -$294K | -16,700 | Closed |
|
|
PP
62
PDT Partners
New York
| – | -$256K | -14,495 | Closed |
|
|
ST
63
Spot Trading
Chicago,
Illinois
| – | -$118K | -6,721 | Closed |
|
CMRE Hedge Fund Activity: Q4 2013 in Review
54 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Costamare (CMRE) for Q4 2013, worth a combined $213M — down 11% from $240M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new CMRE positions and 9 closed out — a net gain of 3 holders — while 23 added to existing stakes and 7 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $3.74M. The largest seller was Acadian Asset Management, cutting an estimated $12.3M.
- 54 institutional investors held Costamare (CMRE) as of Q4 2013, up from 52 in Q3 2013.
- Funds reported $213M of Costamare stock for Q4 2013, down 11% quarter-over-quarter.
- 12 funds opened new Costamare positions in Q4 2013 and 9 closed out, a net change of +3 holders.
- The largest Costamare buyer in Q4 2013 was Parametric Portfolio Associates, an estimated $3.74M added.
- The largest Costamare seller in Q4 2013 was Acadian Asset Management, an estimated $12.3M sold.
Based on aggregated 13F filings for Q4 2013.