Cosan Limited
CZZ
CZZ was delisted on the 5th of March, 2021.
104 hedge funds and large institutions have $909M invested in Cosan Limited in 2014 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 43 increasing their positions, 35 reducing their positions, and 33 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 35
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
13% less capital invested
Capital invested by funds: $1.05B → $909M (-$140M)
21% less funds holding
Funds holding: 131 → 104 (-27)
64% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 33
98% less call options, than puts
Call options by funds: $35K | Put options by funds: $1.68M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$23.6M |
| 2 |
AI
Axiom Investors
Greenwich,
Connecticut
|
+$17.5M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$14.4M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$11.1M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$26.5M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$14.6M |
| 3 |
Goldman Sachs
New York
|
-$12.1M |
| 4 |
PP
Prudential plc
London, England,
United Kingdom
|
-$11.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.3M |
CZZ Hedge Fund Activity: Q1 2014 in Review
104 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Cosan Limited (CZZ) for Q1 2014, worth a combined $909M — down 13% from $1.05B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of CZZ and 12 opened new positions — a net loss of 21 holders — while 35 trimmed existing stakes and 43 added.
The largest buyer was SPX Gestao de Recursos, adding an estimated $23.6M. The largest seller was Morgan Stanley, cutting an estimated $26.5M.
- 104 institutional investors held Cosan Limited (CZZ) as of Q1 2014, down from 131 in Q4 2013.
- Funds reported $909M of Cosan Limited stock for Q1 2014, down 13% quarter-over-quarter.
- 12 funds opened new Cosan Limited positions in Q1 2014 and 33 closed out, a net change of -21 holders.
- The largest Cosan Limited buyer in Q1 2014 was SPX Gestao de Recursos, an estimated $23.6M added.
- The largest Cosan Limited seller in Q1 2014 was Morgan Stanley, an estimated $26.5M sold.
Based on aggregated 13F filings for Q1 2014.