Costamare
CMRE
86 hedge funds and large institutions have $124M invested in Costamare in 2019 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 32 increasing their positions, 24 reducing their positions, and 16 closing their positions.
40% more call options, than puts
Call options by funds: $369K | Put options by funds: $264K
33% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 24
19% more capital invested
Capital invested by funds: $105M → $124M (+$19.6M)
0.61% less ownership
Funds ownership: 21.64% → 21.04% (-0.61%)
8% less funds holding
Funds holding: 93 → 86 (-7)
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$1.62M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.47M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.24M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$880K |
| 5 |
Charles Schwab
San Francisco,
California
|
+$824K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$2.52M |
| 2 |
JP Morgan Chase
New York
|
-$2.21M |
| 3 |
QGA
Q Global Advisors
Fort Worth,
Texas
|
-$1.42M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$1.3M |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$665K |
CMRE Hedge Fund Activity: Q1 2019 in Review
86 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Costamare (CMRE) for Q1 2019, worth a combined $124M — up 19% from $105M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of CMRE and 11 opened new positions — a net loss of 5 holders — while 24 trimmed existing stakes and 32 added.
The largest buyer was Renaissance Technologies, adding an estimated $1.62M. The largest seller was Northpointe Capital, exiting entirely with an estimated $2.52M sold.
- 86 institutional investors held Costamare (CMRE) as of Q1 2019, down from 93 in Q4 2018.
- Funds reported $124M of Costamare stock for Q1 2019, up 19% quarter-over-quarter.
- 11 funds opened new Costamare positions in Q1 2019 and 16 closed out, a net change of -5 holders.
- The largest Costamare buyer in Q1 2019 was Renaissance Technologies, an estimated $1.62M added.
- The largest Costamare seller in Q1 2019 was Northpointe Capital, an estimated $2.52M sold.
Based on aggregated 13F filings for Q1 2019.