IRSA Propiedades Comerciales S.A.
IRCP
IRCP was delisted on the 27th of May, 2022.
15 hedge funds and large institutions have $56.4M invested in IRSA Propiedades Comerciales S.A. in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 9 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
21% less capital invested
Capital invested by funds: $71.3M → $56.4M (-$14.9M)
29% less funds holding
Funds holding: 21 → 15 (-6)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
+$5.42M |
| 2 |
6CM
683 Capital Management
New York
|
+$1.17M |
| 3 |
BCM
Brigade Capital Management
New York
|
+$576K |
| 4 |
NCM
Newfoundland Capital Management
Sao Paulo,
Brazil
|
+$65K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$25.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$9.94M |
| 2 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$3.25M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1.5M |
| 4 |
VSI
Verde Servicos Internacionais
Sao Paulo,
Brazil
|
-$1.3M |
| 5 |
BCM
Bienville Capital Management
New York
|
-$471K |
IRCP Hedge Fund Activity: Q3 2018 in Review
15 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in IRSA Propiedades Comerciales S.A. (IRCP) for Q3 2018, worth a combined $56.4M — down 21% from $71.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of IRCP and 3 opened new positions — a net loss of 6 holders — while 5 trimmed existing stakes and 3 added.
The largest buyer was Senvest Management, adding an estimated $5.42M. The largest seller was Wells Fargo, exiting entirely with an estimated $9.94M sold.
- 15 institutional investors held IRSA Propiedades Comerciales S.A. (IRCP) as of Q3 2018, down from 21 in Q2 2018.
- Funds reported $56.4M of IRSA Propiedades Comerciales S.A. stock for Q3 2018, down 21% quarter-over-quarter.
- 3 funds opened new IRSA Propiedades Comerciales S.A. positions in Q3 2018 and 9 closed out, a net change of -6 holders.
- The largest IRSA Propiedades Comerciales S.A. buyer in Q3 2018 was Senvest Management, an estimated $5.42M added.
- The largest IRSA Propiedades Comerciales S.A. seller in Q3 2018 was Wells Fargo, an estimated $9.94M sold.
Based on aggregated 13F filings for Q3 2018.