America's Car Mart
CRMT
71 hedge funds and large institutions have $247M invested in America's Car Mart in 2017 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 27 reducing their positions, and 9 closing their positions.
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
1% more funds holding
Funds holding: 70 → 71 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $254M → $247M (-$6.74M)
4.67% less ownership
Funds ownership: 86.26% → 81.59% (-4.7%)
19% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 27
100% less call options, than puts
Call options by funds: $1K | Put options by funds: $913K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$4.3M |
| 2 |
MG
Magnolia Group
Omaha,
Nebraska
|
+$2.35M |
| 3 |
Renaissance Technologies
New York
|
+$1.83M |
| 4 |
Morgan Stanley
New York
|
+$1.51M |
| 5 |
SIM
Spark Investment Management
New York
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bares Capital Management
Austin,
Texas
|
-$18.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$10M |
| 3 |
RA
Royce & Associates
New York
|
-$2.91M |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$1.06M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$877K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Bessemer Group
Woodbridge,
New Jersey
| – | -$12K | -320 | Closed |
|
77
JP Morgan Chase
New York
| – | -$11K | -279 | Closed |
|
|
AIM
78
Acrospire Investment Management
Chicago,
Illinois
| – | -$8K | -211 | Closed |
|
79
Citigroup
New York
| – | -$2K | -51 | Closed |
|
CRMT Hedge Fund Activity: Q3 2017 in Review
71 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in America's Car Mart (CRMT) for Q3 2017, worth a combined $247M — down 2.7% from $254M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CRMT positions and 9 closed out — a net gain of 1 holder — while 22 added to existing stakes and 27 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $4.3M. The largest seller was Bares Capital Management, cutting an estimated $18.2M.
- 71 institutional investors held America's Car Mart (CRMT) as of Q3 2017, up from 70 in Q2 2017.
- Funds reported $247M of America's Car Mart stock for Q3 2017, down 2.7% quarter-over-quarter.
- 10 funds opened new America's Car Mart positions in Q3 2017 and 9 closed out, a net change of +1 holder.
- The largest America's Car Mart buyer in Q3 2017 was Millennium Management, an estimated $4.3M added.
- The largest America's Car Mart seller in Q3 2017 was Bares Capital Management, an estimated $18.2M sold.
Based on aggregated 13F filings for Q3 2017.