Cresud
CRESY
52 hedge funds and large institutions have $39.4M invested in Cresud in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 9 closing their positions.
0.16% more ownership
Funds ownership: 2.19% → 2.35% (+0.16%)
12% less funds holding
Funds holding: 59 → 52 (-7)
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
36% less call options, than puts
Call options by funds: $139K | Put options by funds: $216K
47% less capital invested
Capital invested by funds: $74.4M → $39.4M (-$34.9M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFG
Jefferies Financial Group
New York
|
+$4.3M |
| 2 |
BS
Banco Santander
Madrid,
Spain
|
+$3.17M |
| 3 |
MP
MFN Partners
Boston,
Massachusetts
|
+$2.78M |
| 4 |
Millennium Management
New York
|
+$153K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$149K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GEH
General Equity Holdings
Brooklyn,
New York
|
-$1.88M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$1.6M |
| 3 |
NCM
Newfoundland Capital Management
Sao Paulo,
Brazil
|
-$767K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$747K |
| 5 |
CG
Carmignac Gestion
Paris,
France
|
-$723K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FGAM
51
Financial Gravity Asset Management
Lakeway,
Texas
| $24 | – | – | – |
|
|
GEH
52
General Equity Holdings
Brooklyn,
New York
| – | -$1.88M | -277,165 | Closed |
|
|
53
Russell Investments Group
London,
United Kingdom
| – | -$1.6M | -236,338 | Closed |
|
|
HA
54
Harbor Advisors
West Palm Beach,
Florida
| – | -$512K | -75,671 | Closed |
|
|
DTL
55
Dynamic Technology Lab
Singapore
| – | -$75K | -11,090 | Closed |
|
|
TCWM
56
Total Clarity Wealth Management
St. Charles,
Illinois
| – | -$36K | -5,342 | Closed |
|
|
WTC
57
WhitTier Trust Company
Reno,
Nevada
| – | -$10K | -1,418 | Closed |
|
|
BFEC
58
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$1K | -208 | Closed |
|
59
Bank of America
Charlotte,
North Carolina
| – | -$1K | -174 | Closed |
|
|
CHAM
60
Clear Harbor Asset Management
Stamford,
Connecticut
| – | -$1.13K | -167 | Closed |
|
CRESY Hedge Fund Activity: Q1 2020 in Review
52 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Cresud (CRESY) for Q1 2020, worth a combined $39.4M — down 47% from $74.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of CRESY and 4 opened new positions — a net loss of 5 holders — while 16 trimmed existing stakes and 11 added.
The largest buyer was Jefferies Financial Group, opening a new position worth an estimated $4.3M. The largest seller was General Equity Holdings, exiting entirely with an estimated $1.88M sold.
- 52 institutional investors held Cresud (CRESY) as of Q1 2020, down from 59 in Q4 2019.
- Funds reported $39.4M of Cresud stock for Q1 2020, down 47% quarter-over-quarter.
- 4 funds opened new Cresud positions in Q1 2020 and 9 closed out, a net change of -5 holders.
- The largest Cresud buyer in Q1 2020 was Jefferies Financial Group, an estimated $4.3M added.
- The largest Cresud seller in Q1 2020 was General Equity Holdings, an estimated $1.88M sold.
Based on aggregated 13F filings for Q1 2020.