CRA International
CRAI
125 hedge funds and large institutions have $350M invested in CRA International in 2018 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 51 increasing their positions, 37 reducing their positions, and 11 closing their positions.
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
47% more call options, than puts
Call options by funds: $940K | Put options by funds: $641K
38% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 37
5% more funds holding
Funds holding: 119 → 125 (+6)
1% more ownership
Funds ownership: 84.07% → 85.07% (+1%)
5% less capital invested
Capital invested by funds: $368M → $350M (-$18.4M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$3.61M |
| 2 |
Renaissance Technologies
New York
|
+$3.4M |
| 3 |
Man Group
London,
United Kingdom
|
+$3.2M |
| 4 |
MCM
Matarin Capital Management
New York
|
+$2.9M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
Osmium Partners
Greenbrae,
California
|
-$10.9M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
-$5.74M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$4.36M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$3.33M |
| 5 |
KIM
Kestrel Investment Management
San Mateo,
California
|
-$3.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KIM
126
Kestrel Investment Management
San Mateo,
California
| – | -$3.15M | -60,200 | Closed |
|
|
SFM
127
Systematic Financial Management
Teaneck,
New Jersey
| – | -$1.13M | -21,615 | Closed |
|
|
SCM
128
Sterling Capital Management
Charlotte,
North Carolina
| – | -$1.12M | -21,502 | Closed |
|
129
Balyasny Asset Management
Chicago,
Illinois
| – | -$448K | -8,575 | Closed |
|
|
ECM
130
Element Capital Management
New York
| – | -$271K | -5,183 | Closed |
|
131
Group One Trading
Chicago,
Illinois
| – | -$258K | -4,941 | Closed |
|
|
CS
132
Credit Suisse
Zurich,
Switzerland
| – | -$217K | -4,150 | Closed |
|
|
BBHC
133
Brown Brothers Harriman & Co
New York
| – | -$14K | -275 | Closed |
|
|
OSAM
134
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$2K | -29 | Closed |
|
|
WAS
135
Winch Advisory Services
Appleton,
Wisconsin
| – | -$1K | -23 | Closed |
|
|
FGAM
136
Financial Gravity Asset Management
Lakeway,
Texas
| – | +$385 | +7 | New |
|
CRAI Hedge Fund Activity: Q2 2018 in Review
125 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in CRA International (CRAI) for Q2 2018, worth a combined $350M — down 5% from $368M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new CRAI positions and 11 closed out — a net gain of 6 holders — while 51 added to existing stakes and 37 trimmed.
The largest buyer was BlackRock, adding an estimated $3.61M. The largest seller was Osmium Partners, cutting an estimated $10.9M.
- 125 institutional investors held CRA International (CRAI) as of Q2 2018, up from 119 in Q1 2018.
- Funds reported $350M of CRA International stock for Q2 2018, down 5% quarter-over-quarter.
- 17 funds opened new CRA International positions in Q2 2018 and 11 closed out, a net change of +6 holders.
- The largest CRA International buyer in Q2 2018 was BlackRock, an estimated $3.61M added.
- The largest CRA International seller in Q2 2018 was Osmium Partners, an estimated $10.9M sold.
Based on aggregated 13F filings for Q2 2018.