America's Car Mart
CRMT
64 hedge funds and large institutions have $261M invested in America's Car Mart in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 22 reducing their positions, and 15 closing their positions.
68% more call options, than puts
Call options by funds: $389K | Put options by funds: $231K
5% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 22
14% less funds holding
Funds holding: 74 → 64 (-10)
18% less capital invested
Capital invested by funds: $318M → $261M (-$57.2M)
60% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 15
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$10.3M |
| 2 |
BCM
Bares Capital Management
Austin,
Texas
|
+$10.1M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$6.59M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$1.43M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$558K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$17M |
| 2 |
DM
Delphi Management
Brookline,
Massachusetts
|
-$8.3M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$6.88M |
| 4 |
FCAM
F&C Asset Management
Edinburgh, Scotland,
United Kingdom
|
-$4.59M |
| 5 |
CCM
Courage Capital Management
Nashville,
Tennessee
|
-$2.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GF
76
Gerstein Fisher
New York
| – | -$845K | -2,000 | Closed |
|
|
TWI
77
Thomas White International
Chicago,
Illinois
| – | -$6K | -150 | Closed |
|
78
BNP Paribas Financial Markets
Paris,
France
| – | -$4.35K | -103 | Closed |
|
CRMT Hedge Fund Activity: Q1 2014 in Review
64 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in America's Car Mart (CRMT) for Q1 2014, worth a combined $261M — down 18% from $318M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of CRMT and 6 opened new positions — a net loss of 9 holders — while 22 trimmed existing stakes and 21 added.
The largest buyer was Artisan Partners, adding an estimated $10.3M. The largest seller was Opus Capital Group, cutting an estimated $17M.
- 64 institutional investors held America's Car Mart (CRMT) as of Q1 2014, down from 74 in Q4 2013.
- Funds reported $261M of America's Car Mart stock for Q1 2014, down 18% quarter-over-quarter.
- 6 funds opened new America's Car Mart positions in Q1 2014 and 15 closed out, a net change of -9 holders.
- The largest America's Car Mart buyer in Q1 2014 was Artisan Partners, an estimated $10.3M added.
- The largest America's Car Mart seller in Q1 2014 was Opus Capital Group, an estimated $17M sold.
Based on aggregated 13F filings for Q1 2014.