Cosan Limited
CZZ
CZZ was delisted on the 5th of March, 2021.
100 hedge funds and large institutions have $233M invested in Cosan Limited in 2015 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 35 increasing their positions, 45 reducing their positions, and 27 closing their positions.
15% less funds holding
Funds holding: 117 → 100 (-17)
22% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 45
56% less capital invested
Capital invested by funds: $536M → $233M (-$303M)
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
59% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 27
91% less call options, than puts
Call options by funds: $27K | Put options by funds: $290K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
+$20.5M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
+$20.1M |
| 3 |
Morgan Stanley
New York
|
+$4.58M |
| 4 |
TAM
Third Avenue Management
New York
|
+$4.19M |
| 5 |
AIM
ARGA Investment Management
Stamford,
Connecticut
|
+$3.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hermes Investment Management
London Uk,
United Kingdom
|
-$27.8M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$24M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$11M |
| 4 |
BKBG
BHF Kleinwort Benson Group
Brussels,
Belgium
|
-$6.25M |
| 5 |
BG
BlackRock Group
London,
United Kingdom
|
-$5.99M |
CZZ Hedge Fund Activity: Q3 2015 in Review
100 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Cosan Limited (CZZ) for Q3 2015, worth a combined $233M — down 56% from $536M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of CZZ and 11 opened new positions — a net loss of 16 holders — while 45 trimmed existing stakes and 35 added.
The largest buyer was Carlson Capital, adding an estimated $20.5M. The largest seller was Hermes Investment Management, exiting entirely with an estimated $27.8M sold.
- 100 institutional investors held Cosan Limited (CZZ) as of Q3 2015, down from 117 in Q2 2015.
- Funds reported $233M of Cosan Limited stock for Q3 2015, down 56% quarter-over-quarter.
- 11 funds opened new Cosan Limited positions in Q3 2015 and 27 closed out, a net change of -16 holders.
- The largest Cosan Limited buyer in Q3 2015 was Carlson Capital, an estimated $20.5M added.
- The largest Cosan Limited seller in Q3 2015 was Hermes Investment Management, an estimated $27.8M sold.
Based on aggregated 13F filings for Q3 2015.