Pricesmart
PSMT
168 hedge funds and large institutions have $1.2B invested in Pricesmart in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 67 increasing their positions, 54 reducing their positions, and 39 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 54
0.32% less ownership
Funds ownership: 74.93% → 74.61% (-0.32%)
15% less funds holding
Funds holding: 197 → 168 (-29)
26% less capital invested
Capital invested by funds: $1.63B → $1.2B (-$431M)
27% less call options, than puts
Call options by funds: $3.37M | Put options by funds: $4.59M
67% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$17.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$16.1M |
| 3 |
JP Morgan Chase
New York
|
+$7.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.73M |
| 5 |
State Street
Boston,
Massachusetts
|
+$4.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Genesis Investment Management
London,
United Kingdom
|
-$26M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$11.8M |
| 3 |
BlackRock
New York
|
-$4.75M |
| 4 |
Renaissance Technologies
New York
|
-$3.33M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VCM
201
Versant Capital Management
Phoenix,
Arizona
| – | -$17.7K | -303 | -96% |
|
|
MAM
202
Meeder Asset Management
Dublin,
Ohio
| – | -$17K | -235 | Closed |
|
203
Marshall Wace
London,
United Kingdom
| – | -$13K | -182 | Closed |
|
|
CI
204
Cordant Inc
Portland,
Oregon
| – | -$3K | -36 | Closed |
|
|
PFBT
205
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$1.17K | -20 | -74% |
|
|
NFG
206
Next Financial Group
Houston,
Texas
| – | -$1K | -16 | Closed |
|
PSMT Hedge Fund Activity: Q1 2020 in Review
168 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Pricesmart (PSMT) for Q1 2020, worth a combined $1.2B — down 26% from $1.63B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of PSMT and 13 opened new positions — a net loss of 26 holders — while 54 trimmed existing stakes and 67 added.
The largest buyer was EdgePoint Investment Group, adding an estimated $17.2M. The largest seller was Genesis Investment Management, exiting entirely with an estimated $26M sold.
- 168 institutional investors held Pricesmart (PSMT) as of Q1 2020, down from 197 in Q4 2019.
- Funds reported $1.2B of Pricesmart stock for Q1 2020, down 26% quarter-over-quarter.
- 13 funds opened new Pricesmart positions in Q1 2020 and 39 closed out, a net change of -26 holders.
- The largest Pricesmart buyer in Q1 2020 was EdgePoint Investment Group, an estimated $17.2M added.
- The largest Pricesmart seller in Q1 2020 was Genesis Investment Management, an estimated $26M sold.
Based on aggregated 13F filings for Q1 2020.