CoreCivic
271 hedge funds and large institutions have $1.39B invested in CoreCivic in 2016 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 98 increasing their positions, 85 reducing their positions, and 81 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 85
5.76% less ownership
Funds ownership: 91.23% → 85.46% (-5.8%)
8% less funds holding
Funds holding: 293 → 271 (-22)
26% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 81
52% less call options, than puts
Call options by funds: $26.4M | Put options by funds: $55.4M
63% less capital invested
Capital invested by funds: $3.75B → $1.39B (-$2.36B)
86% less funds holding in top 10
Funds holding in top 10: 7 → 1 (-6)
Top Buyers
| 1 |
Millennium Management
New York
|
+$65.9M |
| 2 |
EM
Elliott Management
New York
|
+$55.2M |
| 3 |
Goldman Sachs
New York
|
+$44.3M |
| 4 |
Two Sigma Investments
New York
|
+$38.9M |
| 5 |
BTP
Bloom Tree Partners
New York
|
+$37.3M |
Top Sellers
| 1 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$164M |
| 2 |
Lazard Asset Management
New York
|
-$84.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$75.7M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$74.8M |
| 5 |
SAMC
Shinko Asset Management Company
Tokyo,
Japan
|
-$55.3M |
CXW Hedge Fund Activity: Q3 2016 in Review
271 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in CoreCivic (CXW) for Q3 2016, worth a combined $1.39B — down 63% from $3.75B a quarter earlier.
Sellers outnumbered buyers: 81 funds closed out of CXW and 60 opened new positions — a net loss of 21 holders — while 85 trimmed existing stakes and 98 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $65.9M. The largest seller was London Company of Virginia, cutting an estimated $164M.
- 271 institutional investors held CoreCivic (CXW) as of Q3 2016, down from 293 in Q2 2016.
- Funds reported $1.39B of CoreCivic stock for Q3 2016, down 63% quarter-over-quarter.
- 60 funds opened new CoreCivic positions in Q3 2016 and 81 closed out, a net change of -21 holders.
- The largest CoreCivic buyer in Q3 2016 was Millennium Management, an estimated $65.9M added.
- The largest CoreCivic seller in Q3 2016 was London Company of Virginia, an estimated $164M sold.
Based on aggregated 13F filings for Q3 2016.