Costamare
CMRE
99 hedge funds and large institutions have $151M invested in Costamare in 2019 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 31 increasing their positions, 32 reducing their positions, and 12 closing their positions.
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
23% more capital invested
Capital invested by funds: $124M → $151M (+$27.8M)
10% more funds holding
Funds holding: 90 → 99 (+9)
0.19% less ownership
Funds ownership: 21.28% → 21.09% (-0.19%)
3% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 32
15% less call options, than puts
Call options by funds: $872K | Put options by funds: $1.03M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$3.66M |
| 2 |
New York State Common Retirement Fund
Albany,
New York
|
+$1.24M |
| 3 |
DA
Denali Advisors
San Diego,
California
|
+$1.21M |
| 4 |
Renaissance Technologies
New York
|
+$1.18M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$870K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KM
Kalos Management
Alpharetta,
Georgia
|
-$1.87M |
| 2 |
JP Morgan Chase
New York
|
-$1.59M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.39M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$627K |
| 5 |
D.E. Shaw & Co
New York
|
-$438K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Creative Planning
Overland Park,
Kansas
| – | -$192K | -37,495 | Closed |
|
|
SCM
102
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$137K | -26,743 | Closed |
|
|
ADEF
103
Adams Diversified Equity Fund
Baltimore,
Maryland
| – | -$102K | -19,900 | Closed |
|
|
PCM
104
Prelude Capital Management
New York
| – | -$74K | -14,500 | Closed |
|
105
American Century Companies
Kansas City,
Missouri
| – | -$69K | -13,510 | Closed |
|
|
DTL
106
Dynamic Technology Lab
Singapore
| – | -$54K | -10,534 | Closed |
|
|
AIM
107
Arcadia Investment Management
Kalamazoo,
Michigan
| – | -$15K | -3,000 | Closed |
|
|
MCM
108
Manchester Capital Management
Manchester,
Vermont
| – | -$14K | -2,700 | Closed |
|
|
GAM
109
Griffin Asset Management
New York
| – | -$12K | -2,400 | Closed |
|
110
Fidelity Investments
Boston,
Massachusetts
| – | -$1K | -100 | Closed |
|
CMRE Hedge Fund Activity: Q3 2019 in Review
99 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Costamare (CMRE) for Q3 2019, worth a combined $151M — up 23% from $124M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new CMRE positions and 12 closed out — a net gain of 9 holders — while 31 added to existing stakes and 32 trimmed.
The largest buyer was Millennium Management, adding an estimated $3.66M. The largest seller was Kalos Management, exiting entirely with an estimated $1.87M sold.
- 99 institutional investors held Costamare (CMRE) as of Q3 2019, up from 90 in Q2 2019.
- Funds reported $151M of Costamare stock for Q3 2019, up 23% quarter-over-quarter.
- 21 funds opened new Costamare positions in Q3 2019 and 12 closed out, a net change of +9 holders.
- The largest Costamare buyer in Q3 2019 was Millennium Management, an estimated $3.66M added.
- The largest Costamare seller in Q3 2019 was Kalos Management, an estimated $1.87M sold.
Based on aggregated 13F filings for Q3 2019.