CoreCivic
276 hedge funds and large institutions have $3.45B invested in CoreCivic in 2013 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 92 increasing their positions, 120 reducing their positions, and 32 closing their positions.
34% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 32
4% more funds holding
Funds holding: 266 → 276 (+10)
1.61% more ownership
Funds ownership: 91.46% → 93.07% (+1.6%)
5% more call options, than puts
Call options by funds: $40.7M | Put options by funds: $38.5M
5% less capital invested
Capital invested by funds: $3.65B → $3.45B (-$197M)
23% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 120
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$63.6M |
| 2 |
EIP
Epoch Investment Partners
New York
|
+$48.1M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$35M |
| 4 |
Barclays
London,
United Kingdom
|
+$16.8M |
| 5 |
Bank of New York Mellon
New York
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Balestra Capital
New York
|
-$27.5M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$21.6M |
| 3 |
NAM
NorthCoast Asset Management
Greenwich,
Connecticut
|
-$20.1M |
| 4 |
Renaissance Technologies
New York
|
-$17.1M |
| 5 |
SCM
Sandler Capital Management
New York
|
-$13.8M |
CXW Hedge Fund Activity: Q4 2013 in Review
276 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in CoreCivic (CXW) for Q4 2013, worth a combined $3.45B — down 5.4% from $3.65B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new CXW positions and 32 closed out — a net gain of 11 holders — while 92 added to existing stakes and 120 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $63.6M. The largest seller was Balestra Capital, cutting an estimated $27.5M.
- 276 institutional investors held CoreCivic (CXW) as of Q4 2013, up from 266 in Q3 2013.
- Funds reported $3.45B of CoreCivic stock for Q4 2013, down 5.4% quarter-over-quarter.
- 43 funds opened new CoreCivic positions in Q4 2013 and 32 closed out, a net change of +11 holders.
- The largest CoreCivic buyer in Q4 2013 was Fidelity Investments, an estimated $63.6M added.
- The largest CoreCivic seller in Q4 2013 was Balestra Capital, an estimated $27.5M sold.
Based on aggregated 13F filings for Q4 2013.