Costamare
CMRE
99 hedge funds and large institutions have $186M invested in Costamare in 2018 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 32 increasing their positions, 37 reducing their positions, and 18 closing their positions.
30% more call options, than puts
Call options by funds: $1.21M | Put options by funds: $928K
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.25% less ownership
Funds ownership: 25.94% → 25.69% (-0.25%)
5% less funds holding
Funds holding: 104 → 99 (-5)
14% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 37
18% less capital invested
Capital invested by funds: $226M → $186M (-$40.4M)
22% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$11.3M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.99M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.49M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.46M |
| 5 |
Renaissance Technologies
New York
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$3.31M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$2.62M |
| 3 |
BCM
Brightline Capital Management
Miami,
Florida
|
-$2.35M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.3M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$1.15M |
CMRE Hedge Fund Activity: Q3 2018 in Review
99 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Costamare (CMRE) for Q3 2018, worth a combined $186M — down 18% from $226M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of CMRE and 14 opened new positions — a net loss of 4 holders — while 37 trimmed existing stakes and 32 added.
The largest buyer was Mirae Asset Global Investments, opening a new position worth an estimated $11.3M. The largest seller was Northpointe Capital, cutting an estimated $3.31M.
- 99 institutional investors held Costamare (CMRE) as of Q3 2018, down from 104 in Q2 2018.
- Funds reported $186M of Costamare stock for Q3 2018, down 18% quarter-over-quarter.
- 14 funds opened new Costamare positions in Q3 2018 and 18 closed out, a net change of -4 holders.
- The largest Costamare buyer in Q3 2018 was Mirae Asset Global Investments, an estimated $11.3M added.
- The largest Costamare seller in Q3 2018 was Northpointe Capital, an estimated $3.31M sold.
Based on aggregated 13F filings for Q3 2018.