Cresud
CRESY
54 hedge funds and large institutions have $197M invested in Cresud in 2016 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 10 increasing their positions, 29 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
8% more funds holding
Funds holding: 50 → 54 (+4)
2.72% more ownership
Funds ownership: 0% → 2.72% (+2.7%)
4% less capital invested
Capital invested by funds: $205M → $197M (-$7.83M)
66% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.01M |
| 2 |
SAM
Serengeti Asset Management
New York
|
+$1.67M |
| 3 |
X
Xponance
Philadelphia,
Pennsylvania
|
+$855K |
| 4 |
BCM
Bienville Capital Management
New York
|
+$779K |
| 5 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
+$555K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.11M |
| 2 |
CP
Centerbridge Partners
New York
|
-$4.06M |
| 3 |
SM
Senvest Management
New York
|
-$2.72M |
| 4 |
Morgan Stanley
New York
|
-$1.75M |
| 5 |
GH
GAM Holding
Zurich,
Switzerland
|
-$1.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
BlackRock
New York
| $3K | +$3.27K | +223 | New |
|
|
NFG
52
Next Financial Group
Houston,
Texas
| $2K | -$15 | -1 | -0.9% |
|
|
53
Arrowstreet Capital
Boston,
Massachusetts
| – | -$5.11M | -320,992 | Closed |
|
|
IUHSA
54
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
| – | -$464K | -292,107 | Closed |
|
|
GC
55
Guggenheim Capital
Chicago,
Illinois
| – | -$185K | -11,651 | Closed |
|
|
PG
56
PEAK6 Group
Chicago,
Illinois
| – | -$72K | -4,543 | Closed |
|
|
AIM
57
Acrospire Investment Management
Chicago,
Illinois
| – | -$26K | -1,607 | Closed |
|
58
Simplex Trading
Chicago,
Illinois
| – | -$12.5K | -851 | Closed |
|
|
TRCT
59
Tower Research Capital (TRC)
New York
| – | -$1K | -42 | Closed |
|
60
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$15 | -1 | -2% |
|
61
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$15 | +1 | New |
|
CRESY Hedge Fund Activity: Q4 2016 in Review
54 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Cresud (CRESY) for Q4 2016, worth a combined $197M — down 3.8% from $205M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CRESY positions and 7 closed out — a net gain of 6 holders — while 10 added to existing stakes and 29 trimmed.
The largest buyer was Parametric Portfolio Associates, opening a new position worth an estimated $2.01M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $5.11M sold.
- 54 institutional investors held Cresud (CRESY) as of Q4 2016, up from 50 in Q3 2016.
- Funds reported $197M of Cresud stock for Q4 2016, down 3.8% quarter-over-quarter.
- 13 funds opened new Cresud positions in Q4 2016 and 7 closed out, a net change of +6 holders.
- The largest Cresud buyer in Q4 2016 was Parametric Portfolio Associates, an estimated $2.01M added.
- The largest Cresud seller in Q4 2016 was Arrowstreet Capital, an estimated $5.11M sold.
Based on aggregated 13F filings for Q4 2016.