Cresud
CRESY
57 hedge funds and large institutions have $132M invested in Cresud in 2014 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 23 reducing their positions, and 10 closing their positions.
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
2% more funds holding
Funds holding: 56 → 57 (+1)
4% less capital invested
Capital invested by funds: $137M → $132M (-$4.99M)
30% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Serengeti Asset Management
New York
|
+$2.21M |
| 2 |
6CM
683 Capital Management
New York
|
+$1.15M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$619K |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$529K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$450K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BBT Capital Management
Fort Worth,
Texas
|
-$2.18M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.46M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.08M |
| 4 |
CNB
City National Bank
Beverly Hills,
Delaware
|
-$934K |
| 5 |
EC
Everest Capital
Miami,
Florida
|
-$709K |
CRESY Hedge Fund Activity: Q4 2014 in Review
57 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Cresud (CRESY) for Q4 2014, worth a combined $132M — down 3.6% from $137M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CRESY positions and 10 closed out — a net gain of 3 holders — while 16 added to existing stakes and 23 trimmed.
The largest buyer was Serengeti Asset Management, opening a new position worth an estimated $2.21M. The largest seller was BBT Capital Management, exiting entirely with an estimated $2.18M sold.
- 57 institutional investors held Cresud (CRESY) as of Q4 2014, up from 56 in Q3 2014.
- Funds reported $132M of Cresud stock for Q4 2014, down 3.6% quarter-over-quarter.
- 13 funds opened new Cresud positions in Q4 2014 and 10 closed out, a net change of +3 holders.
- The largest Cresud buyer in Q4 2014 was Serengeti Asset Management, an estimated $2.21M added.
- The largest Cresud seller in Q4 2014 was BBT Capital Management, an estimated $2.18M sold.
Based on aggregated 13F filings for Q4 2014.