Carriage Services
CSV
116 hedge funds and large institutions have $330M invested in Carriage Services in 2018 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 50 increasing their positions, 30 reducing their positions, and 13 closing their positions.
113% more call options, than puts
Call options by funds: $748K | Put options by funds: $352K
67% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 30
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 119 → 116 (-3)
11% less capital invested
Capital invested by funds: $369M → $330M (-$39.9M)
12.53% less ownership
Funds ownership: 92.39% → 79.86% (-13%)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
+$8.11M |
| 2 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
+$2.44M |
| 3 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
+$1.55M |
| 4 |
Two Sigma Investments
New York
|
+$1.27M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.92M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.46M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.8M |
| 5 |
Millennium Management
New York
|
-$1.95M |
CSV Hedge Fund Activity: Q3 2018 in Review
116 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Carriage Services (CSV) for Q3 2018, worth a combined $330M — down 11% from $369M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of CSV and 10 opened new positions — a net loss of 3 holders — while 30 trimmed existing stakes and 50 added.
The largest buyer was Global Alpha Capital Management, adding an estimated $8.11M. The largest seller was Bank of Montreal, cutting an estimated $4M.
- 116 institutional investors held Carriage Services (CSV) as of Q3 2018, down from 119 in Q2 2018.
- Funds reported $330M of Carriage Services stock for Q3 2018, down 11% quarter-over-quarter.
- 10 funds opened new Carriage Services positions in Q3 2018 and 13 closed out, a net change of -3 holders.
- The largest Carriage Services buyer in Q3 2018 was Global Alpha Capital Management, an estimated $8.11M added.
- The largest Carriage Services seller in Q3 2018 was Bank of Montreal, an estimated $4M sold.
Based on aggregated 13F filings for Q3 2018.