Cresud
CRESY
52 hedge funds and large institutions have $194M invested in Cresud in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 10 closing their positions.
450% more call options, than puts
Call options by funds: $11K | Put options by funds: $2K
0.13% less ownership
Funds ownership: 3.02% → 2.88% (-0.13%)
7% less funds holding
Funds holding: 56 → 52 (-4)
18% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 17
30% less capital invested
Capital invested by funds: $276M → $194M (-$82M)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Newfoundland Capital Management
Sao Paulo,
Brazil
|
+$10.8M |
| 2 |
GEH
General Equity Holdings
Brooklyn,
New York
|
+$4.97M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.46M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.14M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
-$8.6M |
| 2 |
SC
Sagil Capital
London,
United Kingdom
|
-$7.68M |
| 3 |
VAS
VR Advisory Services
Camana Bay, Grand Cayman,
Cayman Islands
|
-$3.11M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.86M |
| 5 |
6CM
683 Capital Management
New York
|
-$2.02M |
CRESY Hedge Fund Activity: Q2 2018 in Review
52 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Cresud (CRESY) for Q2 2018, worth a combined $194M — down 30% from $276M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of CRESY and 7 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 14 added.
The largest buyer was Newfoundland Capital Management, adding an estimated $10.8M. The largest seller was Senvest Management, cutting an estimated $8.6M.
- 52 institutional investors held Cresud (CRESY) as of Q2 2018, down from 56 in Q1 2018.
- Funds reported $194M of Cresud stock for Q2 2018, down 30% quarter-over-quarter.
- 7 funds opened new Cresud positions in Q2 2018 and 10 closed out, a net change of -3 holders.
- The largest Cresud buyer in Q2 2018 was Newfoundland Capital Management, an estimated $10.8M added.
- The largest Cresud seller in Q2 2018 was Senvest Management, an estimated $8.6M sold.
Based on aggregated 13F filings for Q2 2018.