CRA International
CRAI
100 hedge funds and large institutions have $171M invested in CRA International in 2015 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 44 increasing their positions, 33 reducing their positions, and 13 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 33
5% less funds holding
Funds holding: 105 → 100 (-5)
23% less capital invested
Capital invested by funds: $223M → $171M (-$51.6M)
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
93% less call options, than puts
Call options by funds: $29K | Put options by funds: $439K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$4.15M |
| 2 |
OP
Osmium Partners
Greenbrae,
California
|
+$2.92M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.18M |
| 4 |
CCP
Centaur Capital Partners
Southlake,
Texas
|
+$1.77M |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$1.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$7.88M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$2.39M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$1.44M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.14M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFM
101
Systematic Financial Management
Teaneck,
New Jersey
| – | -$2.39M | -85,874 | Closed |
|
|
EI
102
EAM Investors
Solana Beach,
California
| – | -$1.44M | -51,629 | Closed |
|
|
GIP
103
Granite Investment Partners
El Segundo,
California
| – | -$935K | -33,525 | Closed |
|
|
CRM
104
Cramer Rosenthal McGlynn
Stamford,
Connecticut
| – | -$587K | -21,079 | Closed |
|
|
CS
105
Credit Suisse
Zurich,
Switzerland
| – | -$542K | -19,454 | Closed |
|
|
BMCMI
106
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
| – | -$436K | -15,638 | Closed |
|
|
B
107
Barings
Charlotte,
North Carolina
| – | -$259K | -9,300 | Closed |
|
|
PP
108
PDT Partners
New York
| – | -$253K | -9,064 | Closed |
|
109
Nomura Holdings
Tokyo,
Japan
| – | -$228K | -8,316 | Closed |
|
110
Stifel Financial
St. Louis,
Missouri
| – | -$229K | -8,226 | Closed |
|
111
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$210K | -7,550 | Closed |
|
|
JG
112
Jefferies Group
New York
| – | -$7K | -268 | Closed |
|
|
AGM
113
Alpine Global Management
New York
| – | -$1K | -38 | Closed |
|
CRAI Hedge Fund Activity: Q3 2015 in Review
100 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in CRA International (CRAI) for Q3 2015, worth a combined $171M — down 23% from $223M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of CRAI and 8 opened new positions — a net loss of 5 holders — while 33 trimmed existing stakes and 44 added.
The largest buyer was THB Asset Management, opening a new position worth an estimated $4.15M. The largest seller was Royce & Associates, cutting an estimated $7.88M.
- 100 institutional investors held CRA International (CRAI) as of Q3 2015, down from 105 in Q2 2015.
- Funds reported $171M of CRA International stock for Q3 2015, down 23% quarter-over-quarter.
- 8 funds opened new CRA International positions in Q3 2015 and 13 closed out, a net change of -5 holders.
- The largest CRA International buyer in Q3 2015 was THB Asset Management, an estimated $4.15M added.
- The largest CRA International seller in Q3 2015 was Royce & Associates, an estimated $7.88M sold.
Based on aggregated 13F filings for Q3 2015.