Cresud
CRESY
48 hedge funds and large institutions have $180M invested in Cresud in 2015 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 11 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
36% more capital invested
Capital invested by funds: $132M → $180M (+$47.9M)
8% less funds holding
Funds holding: 52 → 48 (-4)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
BlackRock Group
London,
United Kingdom
|
+$5.84M |
| 2 |
BHCM
Brevan Howard Capital Management
St. Helier,
Jersey
|
+$3.28M |
| 3 |
6CM
683 Capital Management
New York
|
+$2.8M |
| 4 |
AGC
Alden Global Capital
Brandon,
Florida
|
+$1.55M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TGI
Tradewinds Global Investors
Los Angeles,
California
|
-$2.34M |
| 2 |
Renaissance Technologies
New York
|
-$1.93M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$1.4M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.1M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$835K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFM
51
Fullerton Fund Management
Singapore
| – | -$299K | -34,366 | Closed |
|
|
WBC
52
Westpac Banking Corp
Sydney,
Australia
| – | -$290K | -33,314 | Closed |
|
53
Invesco
Atlanta,
Georgia
| – | -$153K | -17,553 | Closed |
|
54
Walleye Trading
New York
| – | -$13K | -1,460 | Closed |
|
55
Creative Planning
Overland Park,
Kansas
| – | -$10K | -1,135 | Closed |
|
|
SIM
56
Sonora Investment Management
Tucson,
Arizona
| – | -$2K | -227 | Closed |
|
|
GI
57
Gradient Investments
Arden Hills,
Minnesota
| – | -$1K | -106 | Closed |
|
58
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$42 | +4 | New |
|
CRESY Hedge Fund Activity: Q4 2015 in Review
48 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Cresud (CRESY) for Q4 2015, worth a combined $180M — up 36% from $132M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of CRESY and 8 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 16 added.
The largest buyer was BlackRock Group, opening a new position worth an estimated $5.84M. The largest seller was Tradewinds Global Investors, exiting entirely with an estimated $2.34M sold.
- 48 institutional investors held Cresud (CRESY) as of Q4 2015, down from 52 in Q3 2015.
- Funds reported $180M of Cresud stock for Q4 2015, up 36% quarter-over-quarter.
- 8 funds opened new Cresud positions in Q4 2015 and 11 closed out, a net change of -3 holders.
- The largest Cresud buyer in Q4 2015 was BlackRock Group, an estimated $5.84M added.
- The largest Cresud seller in Q4 2015 was Tradewinds Global Investors, an estimated $2.34M sold.
Based on aggregated 13F filings for Q4 2015.