Cresud
CRESY
48 hedge funds and large institutions have $199M invested in Cresud in 2016 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 10 increasing their positions, 16 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
19% more capital invested
Capital invested by funds: $168M → $199M (+$31.5M)
7% more funds holding
Funds holding: 45 → 48 (+3)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
38% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$28.4M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$6.03M |
| 3 |
BCM
Bienville Capital Management
New York
|
+$2.21M |
| 4 |
Renaissance Technologies
New York
|
+$1.4M |
| 5 |
GH
GAM Holding
Zurich,
Switzerland
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHCM
Brevan Howard Capital Management
St. Helier,
Jersey
|
-$24.3M |
| 2 |
HK
Horizon Kinetics
New York
|
-$11.1M |
| 3 |
SAM
Serengeti Asset Management
New York
|
-$5.35M |
| 4 |
BG
BlackRock Group
London,
United Kingdom
|
-$1.42M |
| 5 |
AGC
Alden Global Capital
Brandon,
Florida
|
-$1.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
KBC Group
Brussels,
Belgium
| – | -$140K | -13,487 | Closed |
|
|
RA
52
Rational Advisors
Huntington,
New York
| – | -$88K | -8,535 | Closed |
|
53
Group One Trading
Chicago,
Illinois
| – | -$54K | -5,213 | Closed |
|
|
CG
54
Cutler Group
San Francisco,
California
| – | -$24.7K | -2,382 | Closed |
|
|
GWS
55
Glassman Wealth Services
Vienna,
Virginia
| – | -$6K | -562 | Closed |
|
CRESY Hedge Fund Activity: Q2 2016 in Review
48 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cresud (CRESY) for Q2 2016, worth a combined $199M — up 19% from $168M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new CRESY positions and 8 closed out — a net gain of 4 holders — while 10 added to existing stakes and 16 trimmed.
The largest buyer was Macquarie Group, adding an estimated $28.4M. The largest seller was Brevan Howard Capital Management, exiting entirely with an estimated $24.3M sold.
- 48 institutional investors held Cresud (CRESY) as of Q2 2016, up from 45 in Q1 2016.
- Funds reported $199M of Cresud stock for Q2 2016, up 19% quarter-over-quarter.
- 12 funds opened new Cresud positions in Q2 2016 and 8 closed out, a net change of +4 holders.
- The largest Cresud buyer in Q2 2016 was Macquarie Group, an estimated $28.4M added.
- The largest Cresud seller in Q2 2016 was Brevan Howard Capital Management, an estimated $24.3M sold.
Based on aggregated 13F filings for Q2 2016.