Costamare
CMRE
133 hedge funds and large institutions have $248M invested in Costamare in 2023 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 49 increasing their positions, 44 reducing their positions, and 18 closing their positions.
249% more call options, than puts
Call options by funds: $31.8M | Put options by funds: $9.11M
11% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 44
0.2% less ownership
Funds ownership: 21.69% → 21.49% (-0.2%)
4% less capital invested
Capital invested by funds: $257M → $248M (-$9.27M)
5% less funds holding
Funds holding: 140 → 133 (-7)
28% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 18
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$3.62M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$2.65M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$2.03M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
+$1.36M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$3.89M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.47M |
| 3 |
Jane Street
New York
|
-$2.49M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$2.04M |
| 5 |
Renaissance Technologies
New York
|
-$1.6M |
CMRE Hedge Fund Activity: Q3 2023 in Review
133 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Costamare (CMRE) for Q3 2023, worth a combined $248M — down 3.6% from $257M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of CMRE and 13 opened new positions — a net loss of 5 holders — while 44 trimmed existing stakes and 49 added.
The largest buyer was Millennium Management, adding an estimated $3.62M. The largest seller was Goldman Sachs, cutting an estimated $3.89M.
- 133 institutional investors held Costamare (CMRE) as of Q3 2023, down from 140 in Q2 2023.
- Funds reported $248M of Costamare stock for Q3 2023, down 3.6% quarter-over-quarter.
- 13 funds opened new Costamare positions in Q3 2023 and 18 closed out, a net change of -5 holders.
- The largest Costamare buyer in Q3 2023 was Millennium Management, an estimated $3.62M added.
- The largest Costamare seller in Q3 2023 was Goldman Sachs, an estimated $3.89M sold.
Based on aggregated 13F filings for Q3 2023.