Costamare
CMRE
74 hedge funds and large institutions have $148M invested in Costamare in 2015 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 26 increasing their positions, 18 reducing their positions, and 7 closing their positions.
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
67% more call options, than puts
Call options by funds: $420K | Put options by funds: $252K
44% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 18
17% more funds holding
Funds holding: 63 → 74 (+11)
1.66% less ownership
Funds ownership: 17.75% → 16.09% (-1.7%)
39% less capital invested
Capital invested by funds: $244M → $148M (-$96.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$2.56M |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$2.27M |
| 3 |
Renaissance Technologies
New York
|
+$2.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.98M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$10.7M |
| 2 |
CNB
City National Bank
Beverly Hills,
California
|
-$9.47M |
| 3 |
MCM
Moore Capital Management
New York
|
-$9.06M |
| 4 |
Morgan Stanley
New York
|
-$7.74M |
| 5 |
GXMC
Global X Management Company
New York
|
-$747K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCM
76
Moore Capital Management
New York
| – | -$9.06M | -493,300 | Closed |
|
|
SIM
77
Spark Investment Management
New York
| – | -$481K | -26,200 | Closed |
|
78
Neuberger Berman Group
New York
| – | -$242K | -13,200 | Closed |
|
|
SCM
79
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$215K | -11,715 | Closed |
|
|
PCM
80
Prelude Capital Management
New York
| – | -$17K | -950 | Closed |
|
81
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$3K | -200 | Closed |
|
CMRE Hedge Fund Activity: Q3 2015 in Review
74 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Costamare (CMRE) for Q3 2015, worth a combined $148M — down 39% from $244M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new CMRE positions and 7 closed out — a net gain of 11 holders — while 26 added to existing stakes and 18 trimmed.
The largest buyer was AJO LP, opening a new position worth an estimated $2.56M. The largest seller was OppenheimerFunds, exiting entirely with an estimated $10.7M sold.
- 74 institutional investors held Costamare (CMRE) as of Q3 2015, up from 63 in Q2 2015.
- Funds reported $148M of Costamare stock for Q3 2015, down 39% quarter-over-quarter.
- 18 funds opened new Costamare positions in Q3 2015 and 7 closed out, a net change of +11 holders.
- The largest Costamare buyer in Q3 2015 was AJO LP, an estimated $2.56M added.
- The largest Costamare seller in Q3 2015 was OppenheimerFunds, an estimated $10.7M sold.
Based on aggregated 13F filings for Q3 2015.