Costamare
CMRE
93 hedge funds and large institutions have $105M invested in Costamare in 2018 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 34 reducing their positions, and 16 closing their positions.
3% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 34
4% less call options, than puts
Call options by funds: $483K | Put options by funds: $504K
4.05% less ownership
Funds ownership: 25.69% → 21.64% (-4%)
6% less funds holding
Funds holding: 99 → 93 (-6)
38% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 16
44% less capital invested
Capital invested by funds: $186M → $105M (-$81M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Globeflex Capital
San Diego,
California
|
+$942K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$867K |
| 3 |
Charles Schwab
San Francisco,
California
|
+$612K |
| 4 |
D.E. Shaw & Co
New York
|
+$474K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$300K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCMGA
York Capital Management Global Advisors
New York
|
-$7.46M |
| 2 |
JP Morgan Chase
New York
|
-$7.05M |
| 3 |
SCM
Signia Capital Management
Spokane,
Washington
|
-$5.07M |
| 4 |
QGA
Q Global Advisors
Fort Worth,
Texas
|
-$2M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ERSOT
101
Employees Retirement System of Texas
Austin,
Texas
| – | -$53K | -8,156 | Closed |
|
102
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$4K | -600 | Closed |
|
|
TRCT
103
Tower Research Capital (TRC)
New York
| – | -$3K | -499 | Closed |
|
104
Fidelity Investments
Boston,
Massachusetts
| – | -$1.58K | -299 | -100% |
|
|
MAM
105
Meeder Asset Management
Dublin,
Ohio
| – | -$1K | -206 | Closed |
|
|
GWS
106
Glassman Wealth Services
Vienna,
Virginia
| – | -$677 | -128 | -76% |
|
107
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$212 | +40 | New |
|
|
NL
108
NVWM LLC
Yardley,
Pennsylvania
| – | +$529 | +100 | New |
|
CMRE Hedge Fund Activity: Q4 2018 in Review
93 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Costamare (CMRE) for Q4 2018, worth a combined $105M — down 44% from $186M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of CMRE and 10 opened new positions — a net loss of 6 holders — while 34 trimmed existing stakes and 33 added.
The largest buyer was Globeflex Capital, adding an estimated $942K. The largest seller was York Capital Management Global Advisors, exiting entirely with an estimated $7.46M sold.
- 93 institutional investors held Costamare (CMRE) as of Q4 2018, down from 99 in Q3 2018.
- Funds reported $105M of Costamare stock for Q4 2018, down 44% quarter-over-quarter.
- 10 funds opened new Costamare positions in Q4 2018 and 16 closed out, a net change of -6 holders.
- The largest Costamare buyer in Q4 2018 was Globeflex Capital, an estimated $942K added.
- The largest Costamare seller in Q4 2018 was York Capital Management Global Advisors, an estimated $7.46M sold.
Based on aggregated 13F filings for Q4 2018.