Carriage Services
CSV
88 hedge funds and large institutions have $210M invested in Carriage Services in 2014 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 28 increasing their positions, 36 reducing their positions, and 12 closing their positions.
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
5% more funds holding
Funds holding: 84 → 88 (+4)
2.76% less ownership
Funds ownership: 69% → 66.24% (-2.8%)
9% less capital invested
Capital invested by funds: $230M → $210M (-$20M)
22% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 36
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$6.15M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.92M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$2.79M |
| 4 |
KCM
Keane Capital Management
Charlotte,
North Carolina
|
+$1.89M |
| 5 |
Morgan Stanley
New York
|
+$475K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$3.78M |
| 2 |
BPIM
Brant Point Investment Management
New York
|
-$3.24M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$3.07M |
| 4 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$1.67M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.04M |
CSV Hedge Fund Activity: Q2 2014 in Review
88 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Carriage Services (CSV) for Q2 2014, worth a combined $210M — down 8.7% from $230M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new CSV positions and 12 closed out — a net gain of 4 holders — while 28 added to existing stakes and 36 trimmed.
The largest buyer was Putnam Investments, opening a new position worth an estimated $6.15M. The largest seller was Renaissance Technologies, cutting an estimated $3.78M.
- 88 institutional investors held Carriage Services (CSV) as of Q2 2014, up from 84 in Q1 2014.
- Funds reported $210M of Carriage Services stock for Q2 2014, down 8.7% quarter-over-quarter.
- 16 funds opened new Carriage Services positions in Q2 2014 and 12 closed out, a net change of +4 holders.
- The largest Carriage Services buyer in Q2 2014 was Putnam Investments, an estimated $6.15M added.
- The largest Carriage Services seller in Q2 2014 was Renaissance Technologies, an estimated $3.78M sold.
Based on aggregated 13F filings for Q2 2014.