Costamare
CMRE
53 hedge funds and large institutions have $316M invested in Costamare in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 7 closing their positions.
384% more call options, than puts
Call options by funds: $3.75M | Put options by funds: $774K
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
11% more capital invested
Capital invested by funds: $285M → $316M (+$30.8M)
0.39% more ownership
Funds ownership: 17.71% → 18.1% (+0.39%)
0% more funds holding
Funds holding: 53 → 53 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CNB
City National Bank
Beverly Hills,
California
|
+$8.4M |
| 2 |
FIG
Fortress Investment Group
New York
|
+$4.85M |
| 3 |
GXMC
Global X Management Company
New York
|
+$1.74M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.56M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$3.44M |
| 2 |
Morgan Stanley
New York
|
-$2.76M |
| 3 |
OCAM
Onex Canada Asset Management
Toronto,
Ontario, Canada
|
-$2.07M |
| 4 |
O
OppenheimerFunds
New York
|
-$1.61M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$936K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $5K | -$5.31K | -243 | -55% |
|
52
First Manhattan
New York
| $5K | – | – | – |
|
|
BFA
53
BlackRock Fund Advisors
San Francisco,
California
| $1K | – | – | – |
|
|
OCAM
54
Onex Canada Asset Management
Toronto,
Ontario, Canada
| – | -$2.07M | -96,140 | Closed |
|
|
55
CIBC World Market
Toronto,
Ontario, Canada
| – | -$936K | -43,555 | Closed |
|
|
TC
56
TFS Capital
West Chester,
Pennsylvania
| – | -$626K | -29,133 | Closed |
|
|
BIC
57
Beach Investment Counsel
West Conshohocken,
Pennsylvania
| – | -$370K | -17,206 | Closed |
|
|
GCP
58
GSA Capital Partners
London,
United Kingdom
| – | -$289K | -13,424 | Closed |
|
59
Acadian Asset Management
Boston,
Massachusetts
| – | -$160K | -7,431 | Closed |
|
60
AllianceBernstein
Nashville,
Tennessee
| – | -$15K | -710 | Closed |
|
CMRE Hedge Fund Activity: Q2 2014 in Review
53 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Costamare (CMRE) for Q2 2014, worth a combined $316M — up 11% from $285M a quarter earlier.
Fund positioning in CMRE was balanced in Q2 2014: 7 funds opened new positions, 7 closed out, 19 added to existing stakes and 13 trimmed.
The largest buyer was City National Bank, adding an estimated $8.4M. The largest seller was Citadel Advisors, cutting an estimated $3.44M.
- 53 institutional investors held Costamare (CMRE) as of Q2 2014, unchanged from Q1 2014.
- Funds reported $316M of Costamare stock for Q2 2014, up 11% quarter-over-quarter.
- 7 funds opened new Costamare positions in Q2 2014 and 7 closed out, a net change of 0 holders.
- The largest Costamare buyer in Q2 2014 was City National Bank, an estimated $8.4M added.
- The largest Costamare seller in Q2 2014 was Citadel Advisors, an estimated $3.44M sold.
Based on aggregated 13F filings for Q2 2014.