CREDIT SUISSE X-LINKS MERGER ARBITRAGE ETNS DUE 10/6/2020
CSMA
CSMA was delisted on the 10th of June, 2016.
5 hedge funds and large institutions have $10.6M invested in CREDIT SUISSE X-LINKS MERGER ARBITRAGE ETNS DUE 10/6/2020 in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, reducing their positions, and 2 closing their positions.
44% more capital invested
Capital invested by funds: $7.32M → $10.6M (+$3.24M)
17% less funds holding
Funds holding: 6 → 5 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$9.54M |
| 2 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
+$138K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$7.56K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCA
Horan Capital Advisors
Cincinnati,
Ohio
|
-$6.39M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$11K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $9.51M | +$9.54M | +456,751 | New |
|
|
AGA
2
Accuvest Global Advisors
Provo,
Utah
| $527K | +$138K | +6,590 | +35% |
|
|
OTPPB
3
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
| $504K | – | – | – |
|
|
PVH
4
Psagot Value Holdings
Tel Aviv,
Israel
| $15K | – | – | – |
|
|
U
5
UBS
Zurich,
Switzerland
| $10K | +$7.56K | +362 | +262% |
|
|
HCA
6
Horan Capital Advisors
Cincinnati,
Ohio
| – | -$6.39M | -203,329 | Closed |
|
|
7
Wells Fargo
San Francisco,
California
| – | -$11K | -500 | Closed |
|
CSMA Hedge Fund Activity: Q1 2014 in Review
5 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in CREDIT SUISSE X-LINKS MERGER ARBITRAGE ETNS DUE 10/6/2020 (CSMA) for Q1 2014, worth a combined $10.6M — up 44% from $7.32M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of CSMA and 1 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 2 added.
The largest buyer was Credit Suisse, opening a new position worth an estimated $9.54M. The largest seller was Horan Capital Advisors, exiting entirely with an estimated $6.39M sold.
- 5 institutional investors held CREDIT SUISSE X-LINKS MERGER ARBITRAGE ETNS DUE 10/6/2020 (CSMA) as of Q1 2014, down from 6 in Q4 2013.
- Funds reported $10.6M of CREDIT SUISSE X-LINKS MERGER ARBITRAGE ETNS DUE 10/6/2020 stock for Q1 2014, up 44% quarter-over-quarter.
- 1 fund opened new CREDIT SUISSE X-LINKS MERGER ARBITRAGE ETNS DUE 10/6/2020 positions in Q1 2014 and 2 closed out, a net change of -1 holder.
- The largest CREDIT SUISSE X-LINKS MERGER ARBITRAGE ETNS DUE 10/6/2020 buyer in Q1 2014 was Credit Suisse, an estimated $9.54M added.
- The largest CREDIT SUISSE X-LINKS MERGER ARBITRAGE ETNS DUE 10/6/2020 seller in Q1 2014 was Horan Capital Advisors, an estimated $6.39M sold.
Based on aggregated 13F filings for Q1 2014.