Cynosure, Inc. Class A
CYNO
CYNO was delisted on the 21st of March, 2017.
163 hedge funds and large institutions have $661M invested in Cynosure, Inc. Class A in 2015 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 65 increasing their positions, 50 reducing their positions, and 29 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 50
5% more call options, than puts
Call options by funds: $2.58M | Put options by funds: $2.46M
5% less funds holding
Funds holding: 171 → 163 (-8)
18% less capital invested
Capital invested by funds: $802M → $661M (-$141M)
24% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 29
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMA
Fiduciary Management Associates
Chicago,
Illinois
|
+$17.8M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
+$15.5M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$14.4M |
| 4 |
CCI
Columbus Circle Investors
|
+$12.2M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$9.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teachers Advisors
New York
|
-$15.3M |
| 2 |
CM
Castleark Management
Chicago,
Illinois
|
-$10.8M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$9.24M |
| 4 |
ICRM
Insight Capital Research & Management
Walnut Creek,
California
|
-$8.1M |
| 5 |
JP Morgan Chase
New York
|
-$4.61M |
CYNO Hedge Fund Activity: Q3 2015 in Review
163 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Cynosure, Inc. Class A (CYNO) for Q3 2015, worth a combined $661M — down 18% from $802M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of CYNO and 22 opened new positions — a net loss of 7 holders — while 50 trimmed existing stakes and 65 added.
The largest buyer was Fiduciary Management Associates, opening a new position worth an estimated $17.8M. The largest seller was Teachers Advisors, cutting an estimated $15.3M.
- 163 institutional investors held Cynosure, Inc. Class A (CYNO) as of Q3 2015, down from 171 in Q2 2015.
- Funds reported $661M of Cynosure, Inc. Class A stock for Q3 2015, down 18% quarter-over-quarter.
- 22 funds opened new Cynosure, Inc. Class A positions in Q3 2015 and 29 closed out, a net change of -7 holders.
- The largest Cynosure, Inc. Class A buyer in Q3 2015 was Fiduciary Management Associates, an estimated $17.8M added.
- The largest Cynosure, Inc. Class A seller in Q3 2015 was Teachers Advisors, an estimated $15.3M sold.
Based on aggregated 13F filings for Q3 2015.