CoreCivic
CXW
277 hedge funds and large institutions have $3.4B invested in CoreCivic in 2016 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 112 increasing their positions, 92 reducing their positions, and 27 closing their positions.
52% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 27
22% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 92
19% more capital invested
Capital invested by funds: $2.85B → $3.4B (+$544M)
5% more funds holding
Funds holding: 264 → 277 (+13)
9% more call options, than puts
Call options by funds: $1.88M | Put options by funds: $1.72M
0.73% less ownership
Funds ownership: 92.02% → 91.29% (-0.73%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$30.1M |
| 2 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$16M |
| 3 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
+$14.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.3M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$29.7M |
| 2 |
NI
Nuance Investments
Kansas City,
Missouri
|
-$26.6M |
| 3 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$23.1M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$17.9M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$14.7M |
CXW Hedge Fund Activity: Q1 2016 in Review
277 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in CoreCivic (CXW) for Q1 2016, worth a combined $3.4B — up 19% from $2.85B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new CXW positions and 27 closed out — a net gain of 14 holders — while 112 added to existing stakes and 92 trimmed.
The largest buyer was Bank of America, adding an estimated $30.1M. The largest seller was Lazard Asset Management, cutting an estimated $29.7M.
- 277 institutional investors held CoreCivic (CXW) as of Q1 2016, up from 264 in Q4 2015.
- Funds reported $3.4B of CoreCivic stock for Q1 2016, up 19% quarter-over-quarter.
- 41 funds opened new CoreCivic positions in Q1 2016 and 27 closed out, a net change of +14 holders.
- The largest CoreCivic buyer in Q1 2016 was Bank of America, an estimated $30.1M added.
- The largest CoreCivic seller in Q1 2016 was Lazard Asset Management, an estimated $29.7M sold.
Based on aggregated 13F filings for Q1 2016.