Costamare
CMRE
64 hedge funds and large institutions have $92.3M invested in Costamare in 2016 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 15 increasing their positions, 23 reducing their positions, and 30 closing their positions.
748% more call options, than puts
Call options by funds: $1.37M | Put options by funds: $162K
1.65% less ownership
Funds ownership: 15.46% → 13.81% (-1.6%)
18% less funds holding
Funds holding: 78 → 64 (-14)
35% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 23
47% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 30
80% less capital invested
Capital invested by funds: $455M → $92.3M (-$362M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GXMC
Global X Management Company
New York
|
+$3.59M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.57M |
| 3 |
JP Morgan Chase
New York
|
+$947K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$919K |
| 5 |
HHC
Hutchin Hill Capital
New York
|
+$731K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Americafirst Capital Management
Roseville,
California
|
-$334M |
| 2 |
Morgan Stanley
New York
|
-$5.04M |
| 3 |
Renaissance Technologies
New York
|
-$3.73M |
| 4 |
O
OppenheimerFunds
New York
|
-$2.03M |
| 5 |
Millennium Management
New York
|
-$1.66M |
CMRE Hedge Fund Activity: Q1 2016 in Review
64 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Costamare (CMRE) for Q1 2016, worth a combined $92.3M — down 80% from $455M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of CMRE and 16 opened new positions — a net loss of 14 holders — while 23 trimmed existing stakes and 15 added.
The largest buyer was Global X Management Company, adding an estimated $3.59M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $334M sold.
- 64 institutional investors held Costamare (CMRE) as of Q1 2016, down from 78 in Q4 2015.
- Funds reported $92.3M of Costamare stock for Q1 2016, down 80% quarter-over-quarter.
- 16 funds opened new Costamare positions in Q1 2016 and 30 closed out, a net change of -14 holders.
- The largest Costamare buyer in Q1 2016 was Global X Management Company, an estimated $3.59M added.
- The largest Costamare seller in Q1 2016 was Americafirst Capital Management, an estimated $334M sold.
Based on aggregated 13F filings for Q1 2016.