Cresud
CRESY
54 hedge funds and large institutions have $217M invested in Cresud in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 18 increasing their positions, 18 reducing their positions, and 6 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 18
0.19% less ownership
Funds ownership: 2.76% → 2.56% (-0.19%)
4% less funds holding
Funds holding: 56 → 54 (-2)
11% less capital invested
Capital invested by funds: $243M → $217M (-$26.2M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
+$2.6M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$2.07M |
| 3 |
CG
Carmignac Gestion
Paris,
France
|
+$630K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$499K |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$329K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Newfoundland Capital Management
Sao Paulo,
Brazil
|
-$9.6M |
| 2 |
TA
Tiptree Advisors
New York
|
-$2.75M |
| 3 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
-$2.65M |
| 4 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$1.9M |
| 5 |
SAM
Serengeti Asset Management
New York
|
-$1.88M |
CRESY Hedge Fund Activity: Q3 2017 in Review
54 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Cresud (CRESY) for Q3 2017, worth a combined $217M — down 11% from $243M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CRESY and 4 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 18 added.
The largest buyer was Senvest Management, adding an estimated $2.6M. The largest seller was Newfoundland Capital Management, cutting an estimated $9.6M.
- 54 institutional investors held Cresud (CRESY) as of Q3 2017, down from 56 in Q2 2017.
- Funds reported $217M of Cresud stock for Q3 2017, down 11% quarter-over-quarter.
- 4 funds opened new Cresud positions in Q3 2017 and 6 closed out, a net change of -2 holders.
- The largest Cresud buyer in Q3 2017 was Senvest Management, an estimated $2.6M added.
- The largest Cresud seller in Q3 2017 was Newfoundland Capital Management, an estimated $9.6M sold.
Based on aggregated 13F filings for Q3 2017.