MarineMax
139 hedge funds and large institutions have $382M invested in MarineMax in 2019 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 44 increasing their positions, 41 reducing their positions, and 38 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 41
8.29% less ownership
Funds ownership: 110.05% → 101.76% (-8.3%)
11% less call options, than puts
Call options by funds: $1.41M | Put options by funds: $1.59M
15% less funds holding
Funds holding: 163 → 139 (-24)
21% less capital invested
Capital invested by funds: $482M → $382M (-$99.5M)
50% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 38
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$13.3M |
| 2 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$6.71M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$5.64M |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$4.34M |
| 5 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
+$2.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$28.1M |
| 2 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$13.8M |
| 3 |
FA
Friess Associates
Greenville,
Delaware
|
-$5.69M |
| 4 |
Bank of New York Mellon
New York
|
-$5.13M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$3.67M |
HZO Hedge Fund Activity: Q2 2019 in Review
139 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in MarineMax (HZO) for Q2 2019, worth a combined $382M — down 21% from $482M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of HZO and 19 opened new positions — a net loss of 19 holders — while 41 trimmed existing stakes and 44 added.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $13.3M. The largest seller was Macquarie Group, exiting entirely with an estimated $28.1M sold.
- 139 institutional investors held MarineMax (HZO) as of Q2 2019, down from 163 in Q1 2019.
- Funds reported $382M of MarineMax stock for Q2 2019, down 21% quarter-over-quarter.
- 19 funds opened new MarineMax positions in Q2 2019 and 38 closed out, a net change of -19 holders.
- The largest MarineMax buyer in Q2 2019 was Wellington Management Group, an estimated $13.3M added.
- The largest MarineMax seller in Q2 2019 was Macquarie Group, an estimated $28.1M sold.
Based on aggregated 13F filings for Q2 2019.