Cosan Limited
CZZ
CZZ was delisted on the 5th of March, 2021.
125 hedge funds and large institutions have $820M invested in Cosan Limited in 2019 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 35 increasing their positions, 44 reducing their positions, and 34 closing their positions.
4% more capital invested
Capital invested by funds: $790M → $820M (+$29.3M)
9% less call options, than puts
Call options by funds: $28.9M | Put options by funds: $31.6M
5% less funds holding
Funds holding: 132 → 125 (-7)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
20% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 44
21% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$24.4M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
+$19.2M |
| 3 |
Jane Street
New York
|
+$17.6M |
| 4 |
Renaissance Technologies
New York
|
+$17.3M |
| 5 |
Barclays
London,
United Kingdom
|
+$9.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$24.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$19.6M |
| 3 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$19M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$12.3M |
| 5 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$9.83M |
CZZ Hedge Fund Activity: Q3 2019 in Review
125 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Cosan Limited (CZZ) for Q3 2019, worth a combined $820M — up 3.7% from $790M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of CZZ and 27 opened new positions — a net loss of 7 holders — while 44 trimmed existing stakes and 35 added.
The largest buyer was Canada Pension Plan Investment Board, opening a new position worth an estimated $24.4M. The largest seller was Fidelity Investments, exiting entirely with an estimated $24.8M sold.
- 125 institutional investors held Cosan Limited (CZZ) as of Q3 2019, down from 132 in Q2 2019.
- Funds reported $820M of Cosan Limited stock for Q3 2019, up 3.7% quarter-over-quarter.
- 27 funds opened new Cosan Limited positions in Q3 2019 and 34 closed out, a net change of -7 holders.
- The largest Cosan Limited buyer in Q3 2019 was Canada Pension Plan Investment Board, an estimated $24.4M added.
- The largest Cosan Limited seller in Q3 2019 was Fidelity Investments, an estimated $24.8M sold.
Based on aggregated 13F filings for Q3 2019.