CoreCivic
266 hedge funds and large institutions have $3.65B invested in CoreCivic in 2013 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 124 increasing their positions, 77 reducing their positions, and 46 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 77
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
2.18% more ownership
Funds ownership: 89.28% → 91.46% (+2.2%)
5% more capital invested
Capital invested by funds: $3.48B → $3.65B (+$169M)
1% more call options, than puts
Call options by funds: $15.8M | Put options by funds: $15.7M
2% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 46
1% less funds holding
Funds holding: 270 → 266 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
+$89.5M |
| 2 |
Lazard Asset Management
New York
|
+$62.6M |
| 3 |
BC
Balestra Capital
New York
|
+$36.9M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$21.7M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$18.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$93.3M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$39.8M |
| 3 |
Morgan Stanley
New York
|
-$38.3M |
| 4 |
JP Morgan Chase
New York
|
-$26.1M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$23.9M |
CXW Hedge Fund Activity: Q3 2013 in Review
266 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in CoreCivic (CXW) for Q3 2013, worth a combined $3.65B — up 4.9% from $3.48B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of CXW and 45 opened new positions — a net loss of 1 holder — while 77 trimmed existing stakes and 124 added.
The largest buyer was Epoch Investment Partners, opening a new position worth an estimated $89.5M. The largest seller was Systematic Financial Management, exiting entirely with an estimated $93.3M sold.
- 266 institutional investors held CoreCivic (CXW) as of Q3 2013, down from 270 in Q2 2013.
- Funds reported $3.65B of CoreCivic stock for Q3 2013, up 4.9% quarter-over-quarter.
- 45 funds opened new CoreCivic positions in Q3 2013 and 46 closed out, a net change of -1 holder.
- The largest CoreCivic buyer in Q3 2013 was Epoch Investment Partners, an estimated $89.5M added.
- The largest CoreCivic seller in Q3 2013 was Systematic Financial Management, an estimated $93.3M sold.
Based on aggregated 13F filings for Q3 2013.