Cresud
CRESY
59 hedge funds and large institutions have $282M invested in Cresud in 2017 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 16 increasing their positions, 20 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
30% more capital invested
Capital invested by funds: $217M → $282M (+$65.1M)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
9% more funds holding
Funds holding: 54 → 59 (+5)
0.25% more ownership
Funds ownership: 2.56% → 2.82% (+0.25%)
20% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Newfoundland Capital Management
Sao Paulo,
Brazil
|
+$19.8M |
| 2 |
SM
Senvest Management
New York
|
+$4.08M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.96M |
| 4 |
CG
Carmignac Gestion
Paris,
France
|
+$1.49M |
| 5 |
BlackRock
New York
|
+$891K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$5.18M |
| 2 |
OMCS
Old Mutual Customised Solutions
Pinelands,
South Africa
|
-$3.22M |
| 3 |
6CM
683 Capital Management
New York
|
-$2.02M |
| 4 |
SAM
Serengeti Asset Management
New York
|
-$1.77M |
| 5 |
BCM
Bienville Capital Management
New York
|
-$1.59M |
CRESY Hedge Fund Activity: Q4 2017 in Review
59 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Cresud (CRESY) for Q4 2017, worth a combined $282M — up 30% from $217M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new CRESY positions and 6 closed out — a net gain of 5 holders — while 16 added to existing stakes and 20 trimmed.
The largest buyer was Newfoundland Capital Management, adding an estimated $19.8M. The largest seller was Russell Investments Group, cutting an estimated $5.18M.
- 59 institutional investors held Cresud (CRESY) as of Q4 2017, up from 54 in Q3 2017.
- Funds reported $282M of Cresud stock for Q4 2017, up 30% quarter-over-quarter.
- 11 funds opened new Cresud positions in Q4 2017 and 6 closed out, a net change of +5 holders.
- The largest Cresud buyer in Q4 2017 was Newfoundland Capital Management, an estimated $19.8M added.
- The largest Cresud seller in Q4 2017 was Russell Investments Group, an estimated $5.18M sold.
Based on aggregated 13F filings for Q4 2017.