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CRESY

Cresud

52 hedge funds and large institutions have $39.4M invested in Cresud in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.16% more ownership

Funds ownership: 2.19%2.35% (+0.16%)

12% less funds holding

Funds holding: 5952 (-7)

31% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 16

36% less call options, than puts

Call options by funds: $139K | Put options by funds: $216K

47% less capital invested

Capital invested by funds: $74.4M → $39.4M (-$34.9M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

56% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 9

Holders
52
Holders Change
-7
Holders Change %
-11.86%
% of All Funds
1.15%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
4
Increased
11
Reduced
16
Closed
9
Calls
$139K
Puts
$216K
Net Calls
-$77K
Net Calls Change
-$597K
Name Holding Trade Value Shares
Change
Change in
Stake
Macquarie Group
1
Macquarie Group
Australia
$8.65M -$180K -37,772 -1%
COLIM
2
City of London Investment Management
United Kingdom
$4.68M -$747K -156,936 -10%
6CM
3
683 Capital Management
New York
$3.35M
BS
4
Banco Santander
Spain
$3.25M +$3.17M +665,134 +217%
JFG
5
Jefferies Financial Group
New York
$3.02M +$4.3M +902,399 New
CM
6
Conifer Management
New York
$2.3M
MP
7
MFN Partners
Massachusetts
$1.95M +$2.78M +583,395 New
NCM
8
Newfoundland Capital Management
Brazil
$1.47M -$767K -161,096 -27%
CS
9
Credit Suisse
Switzerland
$1.22M -$274K -57,554 -14%
CG
10
Carmignac Gestion
France
$1.14M -$723K -151,923 -31%
VAS
11
VR Advisory Services
Cayman Islands
$1.13M
Deutsche Bank
12
Deutsche Bank
Germany
$1.07M
NAM
13
Nexpoint Asset Management
Texas
$1.02M
BlackRock
14
BlackRock
New York
$989K -$49.7K -10,432 -3%
State Street
15
State Street
Massachusetts
$937K +$92.2K +19,362 +7%
Mirae Asset Global Investments
16
Mirae Asset Global Investments
South Korea
$495K -$390K -81,883 -36%
PPA
17
Parametric Portfolio Associates
Washington
$437K -$167 -35 -0%
Northern Trust
18
Northern Trust
Illinois
$340K +$25K +5,259 +5%
SEI Investments
19
SEI Investments
Pennsylvania
$319K
HSBC Holdings
20
HSBC Holdings
United Kingdom
$265K -$447K -93,926 -54%
Millennium Management
21
Millennium Management
New York
$166K +$153K +32,078 +181%
Truist Financial
22
Truist Financial
North Carolina
$140K +$149K +31,226 +292%
Citadel Advisors
23
Citadel Advisors
Florida
$136K -$67.8K -14,241 -26%
SBIA
24
Sheaff Brock Investment Advisors
Indiana
$122K +$20.8K +4,373 +14%
Ohio Public Employees Retirement System (OPERS)
25
Ohio Public Employees Retirement System (OPERS)
Ohio
$102K

CRESY Hedge Fund Activity: Q1 2020 in Review

52 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Cresud (CRESY) for Q1 2020, worth a combined $39.4M — down 47% from $74.4M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of CRESY and 4 opened new positions — a net loss of 5 holders — while 16 trimmed existing stakes and 11 added.

The largest buyer was Jefferies Financial Group, opening a new position worth an estimated $4.3M. The largest seller was General Equity Holdings, exiting entirely with an estimated $1.88M sold.

  • 52 institutional investors held Cresud (CRESY) as of Q1 2020, down from 59 in Q4 2019.
  • Funds reported $39.4M of Cresud stock for Q1 2020, down 47% quarter-over-quarter.
  • 4 funds opened new Cresud positions in Q1 2020 and 9 closed out, a net change of -5 holders.
  • The largest Cresud buyer in Q1 2020 was Jefferies Financial Group, an estimated $4.3M added.
  • The largest Cresud seller in Q1 2020 was General Equity Holdings, an estimated $1.88M sold.

Based on aggregated 13F filings for Q1 2020.