Cosan Limited
CZZ
CZZ was delisted on the 5th of March, 2021.
125 hedge funds and large institutions have $705M invested in Cosan Limited in 2020 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 26 increasing their positions, 61 reducing their positions, and 40 closing their positions.
130% more call options, than puts
Call options by funds: $5.64M | Put options by funds: $2.45M
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
11% less funds holding
Funds holding: 141 → 125 (-16)
35% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 40
51% less capital invested
Capital invested by funds: $1.44B → $705M (-$739M)
57% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIGDR
Dynamo Internacional Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$32.4M |
| 2 |
DADR
Dynamo Administracao de Recursos
Rio De Janeiro,
Brazil
|
+$26.9M |
| 3 |
NC
Nucleo Capital
Sao Paulo, Sp,
Brazil
|
+$24.1M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$4.84M |
| 5 |
BlackRock
New York
|
+$4.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Martin Currie
Edinburgh,
United Kingdom
|
-$27.6M |
| 2 |
Citigroup
New York
|
-$25.2M |
| 3 |
Goldman Sachs
New York
|
-$21M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$20.3M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$13.6M |
CZZ Hedge Fund Activity: Q1 2020 in Review
125 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Cosan Limited (CZZ) for Q1 2020, worth a combined $705M — down 51% from $1.44B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of CZZ and 26 opened new positions — a net loss of 14 holders — while 61 trimmed existing stakes and 26 added.
The largest buyer was Dynamo Internacional Gestao de Recursos, adding an estimated $32.4M. The largest seller was Martin Currie, cutting an estimated $27.6M.
- 125 institutional investors held Cosan Limited (CZZ) as of Q1 2020, down from 141 in Q4 2019.
- Funds reported $705M of Cosan Limited stock for Q1 2020, down 51% quarter-over-quarter.
- 26 funds opened new Cosan Limited positions in Q1 2020 and 40 closed out, a net change of -14 holders.
- The largest Cosan Limited buyer in Q1 2020 was Dynamo Internacional Gestao de Recursos, an estimated $32.4M added.
- The largest Cosan Limited seller in Q1 2020 was Martin Currie, an estimated $27.6M sold.
Based on aggregated 13F filings for Q1 2020.