Compass Diversified
CODI
106 hedge funds and large institutions have $332M invested in Compass Diversified in 2017 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 39 increasing their positions, 34 reducing their positions, and 15 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 34
1.16% less ownership
Funds ownership: 35.46% → 34.3% (-1.2%)
7% less funds holding
Funds holding: 114 → 106 (-8)
13% less capital invested
Capital invested by funds: $380M → $332M (-$48.6M)
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
48% less call options, than puts
Call options by funds: $649K | Put options by funds: $1.25M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$5.3M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.76M |
| 3 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$2.73M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$1.92M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$14.1M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.95M |
| 3 |
Renaissance Technologies
New York
|
-$3.08M |
| 4 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$1.79M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.39M |
CODI Hedge Fund Activity: Q1 2017 in Review
106 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Compass Diversified (CODI) for Q1 2017, worth a combined $332M — down 13% from $380M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of CODI and 9 opened new positions — a net loss of 6 holders — while 34 trimmed existing stakes and 39 added.
The largest buyer was American Century Companies, adding an estimated $5.3M. The largest seller was T. Rowe Price Associates, cutting an estimated $14.1M.
- 106 institutional investors held Compass Diversified (CODI) as of Q1 2017, down from 114 in Q4 2016.
- Funds reported $332M of Compass Diversified stock for Q1 2017, down 13% quarter-over-quarter.
- 9 funds opened new Compass Diversified positions in Q1 2017 and 15 closed out, a net change of -6 holders.
- The largest Compass Diversified buyer in Q1 2017 was American Century Companies, an estimated $5.3M added.
- The largest Compass Diversified seller in Q1 2017 was T. Rowe Price Associates, an estimated $14.1M sold.
Based on aggregated 13F filings for Q1 2017.