Cresud
CRESY
49 hedge funds and large institutions have $128M invested in Cresud in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 20 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
17% more capital invested
Capital invested by funds: $109M → $128M (+$18.6M)
14% more funds holding
Funds holding: 43 → 49 (+6)
60% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
+$4.28M |
| 2 |
CP
Centerbridge Partners
New York
|
+$1.56M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$1.23M |
| 4 |
EC
Everest Capital
Miami,
Florida
|
+$670K |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$307K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TGI
Tradewinds Global Investors
Los Angeles,
California
|
-$4.13M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.01M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$629K |
| 4 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$464K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$248K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$118 | -15,346 | Closed |
|
|
BIT
52
BlackRock Institutional Trust
San Francisco,
California
| – | -$90K | -11,711 | Closed |
|
CRESY Hedge Fund Activity: Q4 2013 in Review
49 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Cresud (CRESY) for Q4 2013, worth a combined $128M — up 17% from $109M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CRESY positions and 3 closed out — a net gain of 6 holders — while 8 added to existing stakes and 20 trimmed.
The largest buyer was Senvest Management, adding an estimated $4.28M. The largest seller was Tradewinds Global Investors, cutting an estimated $4.13M.
- 49 institutional investors held Cresud (CRESY) as of Q4 2013, up from 43 in Q3 2013.
- Funds reported $128M of Cresud stock for Q4 2013, up 17% quarter-over-quarter.
- 9 funds opened new Cresud positions in Q4 2013 and 3 closed out, a net change of +6 holders.
- The largest Cresud buyer in Q4 2013 was Senvest Management, an estimated $4.28M added.
- The largest Cresud seller in Q4 2013 was Tradewinds Global Investors, an estimated $4.13M sold.
Based on aggregated 13F filings for Q4 2013.