CoreCivic
226 hedge funds and large institutions have $709M invested in CoreCivic in 2020 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 84 increasing their positions, 73 reducing their positions, and 43 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 73
2.9% more ownership
Funds ownership: 70.32% → 73.21% (+2.9%)
4% less funds holding
Funds holding: 235 → 226 (-9)
11% less capital invested
Capital invested by funds: $796M → $709M (-$86.5M)
19% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 43
46% less call options, than puts
Call options by funds: $8.9M | Put options by funds: $16.4M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$32.4M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$11.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.85M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$7.72M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$7.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$11.2M |
| 2 |
Bank of New York Mellon
New York
|
-$11.2M |
| 3 |
Renaissance Technologies
New York
|
-$9.68M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$7.06M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$6.24M |
CXW Hedge Fund Activity: Q3 2020 in Review
226 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in CoreCivic (CXW) for Q3 2020, worth a combined $709M — down 11% from $796M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of CXW and 35 opened new positions — a net loss of 8 holders — while 73 trimmed existing stakes and 84 added.
The largest buyer was BlackRock, adding an estimated $32.4M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $11.2M sold.
- 226 institutional investors held CoreCivic (CXW) as of Q3 2020, down from 235 in Q2 2020.
- Funds reported $709M of CoreCivic stock for Q3 2020, down 11% quarter-over-quarter.
- 35 funds opened new CoreCivic positions in Q3 2020 and 43 closed out, a net change of -8 holders.
- The largest CoreCivic buyer in Q3 2020 was BlackRock, an estimated $32.4M added.
- The largest CoreCivic seller in Q3 2020 was Mirae Asset Global Investments, an estimated $11.2M sold.
Based on aggregated 13F filings for Q3 2020.