Cresud
CRESY
48 hedge funds and large institutions have $165M invested in Cresud in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 6 closing their positions.
37% more capital invested
Capital invested by funds: $121M → $165M (+$44.4M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
2% more funds holding
Funds holding: 47 → 48 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
+$7.72M |
| 2 |
SAM
Serengeti Asset Management
New York
|
+$1.53M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.06M |
| 4 |
Morgan Stanley
New York
|
+$893K |
| 5 |
6CM
683 Capital Management
New York
|
+$745K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TGI
Tradewinds Global Investors
Los Angeles,
California
|
-$6.68M |
| 2 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$6.46M |
| 3 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
-$1.75M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.37M |
| 5 |
VanEck Associates
New York
|
-$898K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Millennium Management
New York
| – | -$98K | -12,027 | Closed |
|
|
BKBG
52
BHF Kleinwort Benson Group
Brussels,
Belgium
| – | -$69K | -11,359 | Closed |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| – | -$25K | -3,049 | Closed |
|
54
AllianceBernstein
Nashville,
Tennessee
| – | -$7K | -909 | Closed |
|
CRESY Hedge Fund Activity: Q2 2014 in Review
48 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Cresud (CRESY) for Q2 2014, worth a combined $165M — up 37% from $121M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CRESY positions and 6 closed out — a net gain of 1 holder — while 16 added to existing stakes and 14 trimmed.
The largest buyer was Senvest Management, adding an estimated $7.72M. The largest seller was Tradewinds Global Investors, cutting an estimated $6.68M.
- 48 institutional investors held Cresud (CRESY) as of Q2 2014, up from 47 in Q1 2014.
- Funds reported $165M of Cresud stock for Q2 2014, up 37% quarter-over-quarter.
- 7 funds opened new Cresud positions in Q2 2014 and 6 closed out, a net change of +1 holder.
- The largest Cresud buyer in Q2 2014 was Senvest Management, an estimated $7.72M added.
- The largest Cresud seller in Q2 2014 was Tradewinds Global Investors, an estimated $6.68M sold.
Based on aggregated 13F filings for Q2 2014.