Compass Diversified
CODI
135 hedge funds and large institutions have $375M invested in Compass Diversified in 2020 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 49 increasing their positions, 33 reducing their positions, and 23 closing their positions.
60% more call options, than puts
Call options by funds: $4.41M | Put options by funds: $2.75M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
48% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 33
11% more capital invested
Capital invested by funds: $339M → $375M (+$36.1M)
0.05% more ownership
Funds ownership: 30.3% → 30.35% (+0.05%)
4% less funds holding
Funds holding: 140 → 135 (-5)
17% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$2.58M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$2.46M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$2.09M |
| 4 |
Goldman Sachs
New York
|
+$1.05M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$3.68M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.39M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.63M |
| 4 |
Two Sigma Advisers
New York
|
-$1.44M |
| 5 |
Morgan Stanley
New York
|
-$1.01M |
CODI Hedge Fund Activity: Q3 2020 in Review
135 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Compass Diversified (CODI) for Q3 2020, worth a combined $375M — up 11% from $339M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of CODI and 19 opened new positions — a net loss of 4 holders — while 33 trimmed existing stakes and 49 added.
The largest buyer was Investment Counselors of Maryland, adding an estimated $2.58M. The largest seller was Northern Trust, cutting an estimated $3.68M.
- 135 institutional investors held Compass Diversified (CODI) as of Q3 2020, down from 140 in Q2 2020.
- Funds reported $375M of Compass Diversified stock for Q3 2020, up 11% quarter-over-quarter.
- 19 funds opened new Compass Diversified positions in Q3 2020 and 23 closed out, a net change of -4 holders.
- The largest Compass Diversified buyer in Q3 2020 was Investment Counselors of Maryland, an estimated $2.58M added.
- The largest Compass Diversified seller in Q3 2020 was Northern Trust, an estimated $3.68M sold.
Based on aggregated 13F filings for Q3 2020.