Costamare
CMRE
104 hedge funds and large institutions have $118M invested in Costamare in 2017 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 37 increasing their positions, 28 reducing their positions, and 28 closing their positions.
44% more capital invested
Capital invested by funds: $82M → $118M (+$35.7M)
32% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 28
14% more call options, than puts
Call options by funds: $3.38M | Put options by funds: $2.98M
3.11% more ownership
Funds ownership: 16.23% → 19.34% (+3.1%)
9% less funds holding
Funds holding: 114 → 104 (-10)
18% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GXMC
Global X Management Company
New York
|
+$8.65M |
| 2 |
BlackRock
New York
|
+$8M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.36M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$3.15M |
| 5 |
SCM
Signia Capital Management
Spokane,
Washington
|
+$3.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
-$1.99M |
| 2 |
JP Morgan Chase
New York
|
-$1.22M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$1.03M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$952K |
| 5 |
Millennium Management
New York
|
-$878K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Envestnet Asset Management
Chicago,
Illinois
| – | -$12K | -2,077 | Closed |
|
|
AG
127
Advisor Group
Phoenix,
Arizona
| – | -$3K | -600 | Closed |
|
|
PWM
128
Perigon Wealth Management
San Francisco,
California
| – | -$3K | -548 | Closed |
|
129
Walleye Trading
New York
| – | -$3K | -500 | Closed |
|
130
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -400 | Closed |
|
|
LTFS
131
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$1K | -173 | Closed |
|
|
PCM
132
Prelude Capital Management
New York
| – | -$1K | -100 | Closed |
|
CMRE Hedge Fund Activity: Q1 2017 in Review
104 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Costamare (CMRE) for Q1 2017, worth a combined $118M — up 44% from $82M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of CMRE and 23 opened new positions — a net loss of 5 holders — while 28 trimmed existing stakes and 37 added.
The largest buyer was Global X Management Company, opening a new position worth an estimated $8.65M. The largest seller was Chicago Equity Partners, cutting an estimated $1.99M.
- 104 institutional investors held Costamare (CMRE) as of Q1 2017, down from 114 in Q4 2016.
- Funds reported $118M of Costamare stock for Q1 2017, up 44% quarter-over-quarter.
- 23 funds opened new Costamare positions in Q1 2017 and 28 closed out, a net change of -5 holders.
- The largest Costamare buyer in Q1 2017 was Global X Management Company, an estimated $8.65M added.
- The largest Costamare seller in Q1 2017 was Chicago Equity Partners, an estimated $1.99M sold.
Based on aggregated 13F filings for Q1 2017.