Cresud
CRESY
50 hedge funds and large institutions have $205M invested in Cresud in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 22 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
22% more capital invested
Capital invested by funds: $169M → $205M (+$36.5M)
4% more funds holding
Funds holding: 48 → 50 (+2)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
59% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Carmignac Gestion
Paris,
France
|
+$8.16M |
| 2 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$4.37M |
| 3 |
SAM
Serengeti Asset Management
New York
|
+$3.53M |
| 4 |
TA
Tiptree Advisors
New York
|
+$1.98M |
| 5 |
GH
GAM Holding
Zurich,
Switzerland
|
+$1.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
-$9.95M |
| 2 |
EA
Emerald Acquisition
Seattle,
Washington
|
-$6.37M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.75M |
| 4 |
Renaissance Technologies
New York
|
-$1.71M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.33M |
CRESY Hedge Fund Activity: Q3 2016 in Review
50 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Cresud (CRESY) for Q3 2016, worth a combined $205M — up 22% from $169M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CRESY positions and 8 closed out — a net gain of 2 holders — while 9 added to existing stakes and 22 trimmed.
The largest buyer was Carmignac Gestion, opening a new position worth an estimated $8.16M. The largest seller was Senvest Management, cutting an estimated $9.95M.
- 50 institutional investors held Cresud (CRESY) as of Q3 2016, up from 48 in Q2 2016.
- Funds reported $205M of Cresud stock for Q3 2016, up 22% quarter-over-quarter.
- 10 funds opened new Cresud positions in Q3 2016 and 8 closed out, a net change of +2 holders.
- The largest Cresud buyer in Q3 2016 was Carmignac Gestion, an estimated $8.16M added.
- The largest Cresud seller in Q3 2016 was Senvest Management, an estimated $9.95M sold.
Based on aggregated 13F filings for Q3 2016.