Cresud
CRESY
45 hedge funds and large institutions have $168M invested in Cresud in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 5 closing their positions.
71% more capital inflows, than outflows
Capital inflows: $12.9M | Capital outflows: $7.54M
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
6% less funds holding
Funds holding: 48 → 45 (-3)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $575K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brevan Howard Capital Management
St. Helier,
Jersey
|
+$7.93M |
| 2 |
6CM
683 Capital Management
New York
|
+$1.83M |
| 3 |
BCM
Bienville Capital Management
New York
|
+$922K |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$858K |
| 5 |
Global X Management Company
New York
|
+$588K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock Group
London,
United Kingdom
|
-$4.06M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$956K |
| 3 |
AGC
Alden Global Capital
Brandon,
Florida
|
-$601K |
| 4 |
Morgan Stanley
New York
|
-$598K |
| 5 |
Horizon Kinetics
New York
|
-$368K |
CRESY Hedge Fund Activity: Q1 2016 in Review
45 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Cresud (CRESY) for Q1 2016, worth a combined $168M — down 6.5% from $180M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CRESY and 2 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 13 added.
The largest buyer was Brevan Howard Capital Management, adding an estimated $7.93M. The largest seller was BlackRock Group, cutting an estimated $4.06M.
- 45 institutional investors held Cresud (CRESY) as of Q1 2016, down from 48 in Q4 2015.
- Funds reported $168M of Cresud stock for Q1 2016, down 6.5% quarter-over-quarter.
- 2 funds opened new Cresud positions in Q1 2016 and 5 closed out, a net change of -3 holders.
- The largest Cresud buyer in Q1 2016 was Brevan Howard Capital Management, an estimated $7.93M added.
- The largest Cresud seller in Q1 2016 was BlackRock Group, an estimated $4.06M sold.
Based on aggregated 13F filings for Q1 2016.