Pricesmart
PSMT
167 hedge funds and large institutions have $1.92B invested in Pricesmart in 2014 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 68 increasing their positions, 49 reducing their positions, and 25 closing their positions.
42% more call options, than puts
Call options by funds: $9.68M | Put options by funds: $6.79M
39% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 49
5% less funds holding
Funds holding: 176 → 167 (-9)
11% less capital invested
Capital invested by funds: $2.16B → $1.92B (-$235M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
32% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$29.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$16.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$14.3M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$11.1M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$60.1M |
| 2 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$20M |
| 3 |
EC
Everest Capital
Miami,
Florida
|
-$8.58M |
| 4 |
WCM Investment Management
Laguna Beach,
California
|
-$4.72M |
| 5 |
Millennium Management
New York
|
-$4.51M |
PSMT Hedge Fund Activity: Q1 2014 in Review
167 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Pricesmart (PSMT) for Q1 2014, worth a combined $1.92B — down 11% from $2.16B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of PSMT and 17 opened new positions — a net loss of 8 holders — while 49 trimmed existing stakes and 68 added.
The largest buyer was Thornburg Investment Management, adding an estimated $29.6M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $60.1M sold.
- 167 institutional investors held Pricesmart (PSMT) as of Q1 2014, down from 176 in Q4 2013.
- Funds reported $1.92B of Pricesmart stock for Q1 2014, down 11% quarter-over-quarter.
- 17 funds opened new Pricesmart positions in Q1 2014 and 25 closed out, a net change of -8 holders.
- The largest Pricesmart buyer in Q1 2014 was Thornburg Investment Management, an estimated $29.6M added.
- The largest Pricesmart seller in Q1 2014 was Lord, Abbett & Co, an estimated $60.1M sold.
Based on aggregated 13F filings for Q1 2014.