Criteo
CRTO
68 hedge funds and large institutions have $550M invested in Criteo in 2014 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 21 increasing their positions, 18 reducing their positions, and 35 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 18
16% less funds holding
Funds holding: 81 → 68 (-13)
21% less capital invested
Capital invested by funds: $697M → $550M (-$147M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
29% less call options, than puts
Call options by funds: $1.2M | Put options by funds: $1.68M
37% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$21.6M |
| 2 |
Morgan Stanley
New York
|
+$20.4M |
| 3 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
+$15M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$14.9M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$53.8M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$17.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.6M |
| 4 |
DVC
Deer VII & Co
Larchmont,
New York
|
-$17.2M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$14.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
US Bancorp
Minneapolis,
Minnesota
| – | -$20K | -503 | Closed |
|
102
Envestnet Asset Management
Chicago,
Illinois
| – | -$13K | -326 | Closed |
|
|
TRCT
103
Tower Research Capital (TRC)
New York
| – | -$12K | -305 | Closed |
|
CRTO Hedge Fund Activity: Q2 2014 in Review
68 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Criteo (CRTO) for Q2 2014, worth a combined $550M — down 21% from $697M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of CRTO and 22 opened new positions — a net loss of 13 holders — while 18 trimmed existing stakes and 21 added.
The largest buyer was Bank of Montreal, opening a new position worth an estimated $21.6M. The largest seller was AllianceBernstein, exiting entirely with an estimated $53.8M sold.
- 68 institutional investors held Criteo (CRTO) as of Q2 2014, down from 81 in Q1 2014.
- Funds reported $550M of Criteo stock for Q2 2014, down 21% quarter-over-quarter.
- 22 funds opened new Criteo positions in Q2 2014 and 35 closed out, a net change of -13 holders.
- The largest Criteo buyer in Q2 2014 was Bank of Montreal, an estimated $21.6M added.
- The largest Criteo seller in Q2 2014 was AllianceBernstein, an estimated $53.8M sold.
Based on aggregated 13F filings for Q2 2014.