Criteo
CRTO
134 hedge funds and large institutions have $1.21B invested in Criteo in 2017 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 49 increasing their positions, 43 reducing their positions, and 60 closing their positions.
55% more call options, than puts
Call options by funds: $26.2M | Put options by funds: $16.9M
14% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 43
17.42% less ownership
Funds ownership: 88.16% → 70.74% (-17%)
19% less funds holding
Funds holding: 166 → 134 (-32)
46% less capital invested
Capital invested by funds: $2.23B → $1.21B (-$1.02B)
52% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 60
56% less funds holding in top 10
Funds holding in top 10: 9 → 4 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$111M |
| 2 |
IVA
International Value Advisers
|
+$60.2M |
| 3 |
Harris Associates
Chicago,
Illinois
|
+$55.5M |
| 4 |
First Manhattan
New York
|
+$34.5M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$26.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$202M |
| 2 |
EIP
Epoch Investment Partners
New York
|
-$89.2M |
| 3 |
CG
Carmignac Gestion
Paris,
France
|
-$74.1M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$52.1M |
| 5 |
PG
Pendal Group
Sydney,
Australia
|
-$34.2M |
CRTO Hedge Fund Activity: Q4 2017 in Review
134 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Criteo (CRTO) for Q4 2017, worth a combined $1.21B — down 46% from $2.23B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of CRTO and 29 opened new positions — a net loss of 31 holders — while 43 trimmed existing stakes and 49 added.
The largest buyer was HG Vora Capital Management, opening a new position worth an estimated $111M. The largest seller was Fidelity Investments, cutting an estimated $202M.
- 134 institutional investors held Criteo (CRTO) as of Q4 2017, down from 166 in Q3 2017.
- Funds reported $1.21B of Criteo stock for Q4 2017, down 46% quarter-over-quarter.
- 29 funds opened new Criteo positions in Q4 2017 and 60 closed out, a net change of -31 holders.
- The largest Criteo buyer in Q4 2017 was HG Vora Capital Management, an estimated $111M added.
- The largest Criteo seller in Q4 2017 was Fidelity Investments, an estimated $202M sold.
Based on aggregated 13F filings for Q4 2017.