Costamare
CMRE
53 hedge funds and large institutions have $285M invested in Costamare in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 9 closing their positions.
3,434% more call options, than puts
Call options by funds: $1.45M | Put options by funds: $41K
34% more capital invested
Capital invested by funds: $213M → $285M (+$72M)
6% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 17
0.14% more ownership
Funds ownership: 17.57% → 17.71% (+0.14%)
2% less funds holding
Funds holding: 54 → 53 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIG
Fortress Investment Group
New York
|
+$6M |
| 2 |
Morgan Stanley
New York
|
+$4.4M |
| 3 |
EAM
Eventide Asset Management
Boston,
Massachusetts
|
+$3.65M |
| 4 |
OCAM
Onex Canada Asset Management
Toronto,
Ontario, Canada
|
+$1.89M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$857K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$4.43M |
| 2 |
GXMC
Global X Management Company
New York
|
-$2.43M |
| 3 |
Two Sigma Investments
New York
|
-$2.01M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.9M |
| 5 |
Renaissance Technologies
New York
|
-$1.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $10K | +$8.74K | +444 | New |
|
52
First Manhattan
New York
| $5K | +$4.78K | +243 | New |
|
|
BFA
53
BlackRock Fund Advisors
San Francisco,
California
| $1K | – | – | – |
|
|
54
Two Sigma Investments
New York
| – | -$2.01M | -110,071 | Closed |
|
55
D.E. Shaw & Co
New York
| – | -$741K | -40,570 | Closed |
|
56
Millennium Management
New York
| – | -$730K | -39,973 | Closed |
|
57
HighTower Advisors
Chicago,
Illinois
| – | -$285K | -15,579 | Closed |
|
58
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$274K | -15,000 | Closed |
|
|
CS
59
Credit Suisse
Zurich,
Switzerland
| – | -$254K | -13,890 | Closed |
|
|
TFA
60
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$10K | -500 | Closed |
|
|
PG
61
PEAK6 Group
Chicago,
Illinois
| – | -$4.51K | -229 | Closed |
|
|
RIA
62
Regal Investment Advisors
Kentwood,
Michigan
| – | -$2K | -100 | Closed |
|
CMRE Hedge Fund Activity: Q1 2014 in Review
53 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Costamare (CMRE) for Q1 2014, worth a combined $285M — up 34% from $213M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of CMRE and 8 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 18 added.
The largest buyer was Fortress Investment Group, opening a new position worth an estimated $6M. The largest seller was OppenheimerFunds, cutting an estimated $4.43M.
- 53 institutional investors held Costamare (CMRE) as of Q1 2014, down from 54 in Q4 2013.
- Funds reported $285M of Costamare stock for Q1 2014, up 34% quarter-over-quarter.
- 8 funds opened new Costamare positions in Q1 2014 and 9 closed out, a net change of -1 holder.
- The largest Costamare buyer in Q1 2014 was Fortress Investment Group, an estimated $6M added.
- The largest Costamare seller in Q1 2014 was OppenheimerFunds, an estimated $4.43M sold.
Based on aggregated 13F filings for Q1 2014.