Costamare
CMRE
111 hedge funds and large institutions have $169M invested in Costamare in 2017 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 42 increasing their positions, 34 reducing their positions, and 23 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 34
20% more call options, than puts
Call options by funds: $1.85M | Put options by funds: $1.54M
1.02% less ownership
Funds ownership: 26.64% → 25.62% (-1%)
4% less funds holding
Funds holding: 116 → 111 (-5)
13% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 23
18% less capital invested
Capital invested by funds: $206M → $169M (-$36.6M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.72M |
| 2 |
JP Morgan Chase
New York
|
+$3.94M |
| 3 |
BlackRock
New York
|
+$2.36M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.36M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
-$5.47M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.2M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$2.83M |
| 4 |
LCM
Laurion Capital Management
New York
|
-$2.3M |
| 5 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$2.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
126
Penn Capital Management
Philadelphia,
Pennsylvania
| – | -$125K | -17,034 | Closed |
|
|
PL
127
Parkwood LLC
Cleveland,
Ohio
| – | -$103K | -14,156 | Closed |
|
|
TSS
128
Two Sigma Securities
New York
| – | -$88K | -12,061 | Closed |
|
|
CG
129
Cutler Group
San Francisco,
California
| – | -$12.1K | -1,865 | Closed |
|
|
NIT
130
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$10K | -1,300 | Closed |
|
|
BFEC
131
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$6K | -800 | Closed |
|
|
DADC
132
D.A. Davidson & Co
Great Falls,
Montana
| – | -$5K | -800 | Closed |
|
133
Creative Planning
Overland Park,
Kansas
| – | -$3K | -400 | Closed |
|
CMRE Hedge Fund Activity: Q3 2017 in Review
111 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Costamare (CMRE) for Q3 2017, worth a combined $169M — down 18% from $206M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of CMRE and 20 opened new positions — a net loss of 3 holders — while 34 trimmed existing stakes and 42 added.
The largest buyer was Dimensional Fund Advisors, adding an estimated $4.72M. The largest seller was Carlson Capital, cutting an estimated $5.47M.
- 111 institutional investors held Costamare (CMRE) as of Q3 2017, down from 116 in Q2 2017.
- Funds reported $169M of Costamare stock for Q3 2017, down 18% quarter-over-quarter.
- 20 funds opened new Costamare positions in Q3 2017 and 23 closed out, a net change of -3 holders.
- The largest Costamare buyer in Q3 2017 was Dimensional Fund Advisors, an estimated $4.72M added.
- The largest Costamare seller in Q3 2017 was Carlson Capital, an estimated $5.47M sold.
Based on aggregated 13F filings for Q3 2017.