Costamare
CMRE
92 hedge funds and large institutions have $105M invested in Costamare in 2016 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 37 increasing their positions, 21 reducing their positions, and 4 closing their positions.
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
76% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 21
18% more capital invested
Capital invested by funds: $89.5M → $105M (+$15.9M)
14% more funds holding
Funds holding: 81 → 92 (+11)
0.59% less ownership
Funds ownership: 15.5% → 14.91% (-0.59%)
18% less call options, than puts
Call options by funds: $1.5M | Put options by funds: $1.83M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
+$2.68M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$1.56M |
| 3 |
MM
Midas Management
New York
|
+$986K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$916K |
| 5 |
State Street
Boston,
Massachusetts
|
+$635K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$6.08M |
| 2 |
Morgan Stanley
New York
|
-$4.04M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$1.45M |
| 4 |
JP Morgan Chase
New York
|
-$1.1M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$770K |
CMRE Hedge Fund Activity: Q3 2016 in Review
92 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Costamare (CMRE) for Q3 2016, worth a combined $105M — up 18% from $89.5M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new CMRE positions and 4 closed out — a net gain of 11 holders — while 37 added to existing stakes and 21 trimmed.
The largest buyer was Chicago Equity Partners, opening a new position worth an estimated $2.68M. The largest seller was Parametric Portfolio Associates, cutting an estimated $6.08M.
- 92 institutional investors held Costamare (CMRE) as of Q3 2016, up from 81 in Q2 2016.
- Funds reported $105M of Costamare stock for Q3 2016, up 18% quarter-over-quarter.
- 15 funds opened new Costamare positions in Q3 2016 and 4 closed out, a net change of +11 holders.
- The largest Costamare buyer in Q3 2016 was Chicago Equity Partners, an estimated $2.68M added.
- The largest Costamare seller in Q3 2016 was Parametric Portfolio Associates, an estimated $6.08M sold.
Based on aggregated 13F filings for Q3 2016.