Compass Diversified
CODI
92 hedge funds and large institutions have $310M invested in Compass Diversified in 2013 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 31 increasing their positions, 31 reducing their positions, and 10 closing their positions.
98% more call options, than puts
Call options by funds: $1.67M | Put options by funds: $843K
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
20% more capital invested
Capital invested by funds: $258M → $310M (+$52.5M)
2% more funds holding
Funds holding: 90 → 92 (+2)
2.02% more ownership
Funds ownership: 30.29% → 32.31% (+2%)
0% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 31
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CNB
City National Bank
Beverly Hills,
California
|
+$18M |
| 2 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
+$2.78M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.33M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.58M |
| 5 |
Renaissance Technologies
New York
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRC
Red Rocks Capital
Denver,
Colorado
|
-$2.56M |
| 2 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
-$1.98M |
| 3 |
BG
BlackRock Group
London,
United Kingdom
|
-$1.76M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$1.23M |
| 5 |
Goldman Sachs
New York
|
-$1.15M |
CODI Hedge Fund Activity: Q4 2013 in Review
92 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Compass Diversified (CODI) for Q4 2013, worth a combined $310M — up 20% from $258M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new CODI positions and 10 closed out — a net gain of 4 holders — while 31 added to existing stakes and 31 trimmed.
The largest buyer was City National Bank, opening a new position worth an estimated $18M. The largest seller was Red Rocks Capital, cutting an estimated $2.56M.
- 92 institutional investors held Compass Diversified (CODI) as of Q4 2013, up from 90 in Q3 2013.
- Funds reported $310M of Compass Diversified stock for Q4 2013, up 20% quarter-over-quarter.
- 14 funds opened new Compass Diversified positions in Q4 2013 and 10 closed out, a net change of +4 holders.
- The largest Compass Diversified buyer in Q4 2013 was City National Bank, an estimated $18M added.
- The largest Compass Diversified seller in Q4 2013 was Red Rocks Capital, an estimated $2.56M sold.
Based on aggregated 13F filings for Q4 2013.