Pricesmart
PSMT
155 hedge funds and large institutions have $1.14B invested in Pricesmart in 2019 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 65 increasing their positions, 44 reducing their positions, and 32 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 44
0.28% less ownership
Funds ownership: 73.47% → 73.19% (-0.28%)
9% less funds holding
Funds holding: 171 → 155 (-16)
13% less capital invested
Capital invested by funds: $1.32B → $1.14B (-$176M)
41% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 32
61% less call options, than puts
Call options by funds: $1.26M | Put options by funds: $3.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$23.9M |
| 2 |
MAMU
Marathon Asset Management (UK)
London,
United Kingdom
|
+$15.9M |
| 3 |
Renaissance Technologies
New York
|
+$8.74M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$7.99M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$7.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$46.1M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$22M |
| 3 |
LOAMS
Lombard Odier Asset Management (Switzerland)
Petit-Lancy,
Switzerland
|
-$11.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$10.5M |
| 5 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$4.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NSIM
176
North Star Investment Management
Chicago,
Illinois
| – | -$108K | -1,831 | Closed |
|
|
PAM
177
Paradigm Asset Management
New York
| – | -$61.8K | -1,050 | Closed |
|
178
Walleye Trading
New York
| – | -$61K | -1,041 | Closed |
|
|
CTC
179
Central Trust Company
Jefferson City,
Missouri
| – | -$29K | -500 | Closed |
|
|
AA
180
Advisory Alpha
Holland,
Michigan
| – | -$14.4K | -250 | Closed |
|
|
CAM
181
Cresset Asset Management
Chicago,
Illinois
| – | -$11K | -190 | Closed |
|
|
VCM
182
Versant Capital Management
Phoenix,
Arizona
| – | -$2K | -34 | Closed |
|
|
OAM
183
Oppenheimer Asset Management
New York
| – | -$2K | -28 | Closed |
|
|
MSA
184
Marino Stram & Associates
Braintree,
Massachusetts
| – | -$2K | -27 | Closed |
|
185
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -27 | Closed |
|
|
PHK
186
Point72 Hong Kong
Hong Kong
| – | -$1K | -15 | Closed |
|
|
GWS
187
Glassman Wealth Services
Vienna,
Virginia
| – | +$223 | +4 | New |
|
PSMT Hedge Fund Activity: Q2 2019 in Review
155 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Pricesmart (PSMT) for Q2 2019, worth a combined $1.14B — down 13% from $1.32B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of PSMT and 19 opened new positions — a net loss of 13 holders — while 44 trimmed existing stakes and 65 added.
The largest buyer was EdgePoint Investment Group, adding an estimated $23.9M. The largest seller was Baillie Gifford & Co, cutting an estimated $46.1M.
- 155 institutional investors held Pricesmart (PSMT) as of Q2 2019, down from 171 in Q1 2019.
- Funds reported $1.14B of Pricesmart stock for Q2 2019, down 13% quarter-over-quarter.
- 19 funds opened new Pricesmart positions in Q2 2019 and 32 closed out, a net change of -13 holders.
- The largest Pricesmart buyer in Q2 2019 was EdgePoint Investment Group, an estimated $23.9M added.
- The largest Pricesmart seller in Q2 2019 was Baillie Gifford & Co, an estimated $46.1M sold.
Based on aggregated 13F filings for Q2 2019.