Compass Diversified
CODI
127 hedge funds and large institutions have $372M invested in Compass Diversified in 2018 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 44 increasing their positions, 25 reducing their positions, and 13 closing their positions.
284% more call options, than puts
Call options by funds: $1.29M | Put options by funds: $336K
76% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 25
54% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 13
5% more funds holding
Funds holding: 121 → 127 (+6)
4% more capital invested
Capital invested by funds: $357M → $372M (+$14.4M)
0.77% more ownership
Funds ownership: 33.36% → 34.13% (+0.77%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EFS
Essex Financial Services
Essex,
Connecticut
|
+$11.6M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$9.03M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.34M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$982K |
| 5 |
CIC
Carnegie Investment Counsel
Pepper Pike,
Ohio
|
+$873K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.2M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$1.65M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$959K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$952K |
| 5 |
Two Sigma Investments
New York
|
-$720K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
APA
126
American Portfolios Advisors
Holbrook,
New York
| $980 | +$957 | +54 | New |
|
|
127
Two Sigma Investments
New York
| – | -$720K | -41,590 | Closed |
|
128
Two Sigma Advisers
New York
| – | -$506K | -29,272 | Closed |
|
|
SC
129
Searle & Co
Greenwich,
Connecticut
| – | -$490K | -28,300 | Closed |
|
|
PI
130
PineBridge Investments
New York
| – | -$264K | -15,289 | Closed |
|
131
Envestnet Asset Management
Chicago,
Illinois
| – | -$220K | -12,708 | Closed |
|
|
PCM
132
Poehling Capital Management
Madison,
Wisconsin
| – | -$104K | -6,000 | Closed |
|
133
Barclays
London,
United Kingdom
| – | -$84K | -4,873 | Closed |
|
|
TRCT
134
Tower Research Capital (TRC)
New York
| – | -$30K | -1,724 | Closed |
|
|
RFC
135
Regions Financial Corp
Birmingham,
Alabama
| – | -$5K | -300 | Closed |
|
136
Parallax Volatility Advisers
San Francisco,
California
| – | -$3K | -180 | Closed |
|
|
LA
137
Legacy Advisors
Plymouth Meeting,
Pennsylvania
| – | -$3K | -150 | Closed |
|
|
CFGS
138
Concourse Financial Group Securities
Birmingham,
Alabama
| – | +$18 | +1 | New |
|
CODI Hedge Fund Activity: Q3 2018 in Review
127 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Compass Diversified (CODI) for Q3 2018, worth a combined $372M — up 4% from $357M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new CODI positions and 13 closed out — a net gain of 7 holders — while 44 added to existing stakes and 25 trimmed.
The largest buyer was Essex Financial Services, adding an estimated $11.6M. The largest seller was Royal Bank of Canada, cutting an estimated $6.2M.
- 127 institutional investors held Compass Diversified (CODI) as of Q3 2018, up from 121 in Q2 2018.
- Funds reported $372M of Compass Diversified stock for Q3 2018, up 4% quarter-over-quarter.
- 20 funds opened new Compass Diversified positions in Q3 2018 and 13 closed out, a net change of +7 holders.
- The largest Compass Diversified buyer in Q3 2018 was Essex Financial Services, an estimated $11.6M added.
- The largest Compass Diversified seller in Q3 2018 was Royal Bank of Canada, an estimated $6.2M sold.
Based on aggregated 13F filings for Q3 2018.