Constellation Brands
950 hedge funds and large institutions have $22.3B invested in Constellation Brands in 2018 Q4 according to their latest regulatory filings, with 155 funds opening new positions, 341 increasing their positions, 343 reducing their positions, and 132 closing their positions.
61% more call options, than puts
Call options by funds: $969M | Put options by funds: $603M
17% more first-time investments, than exits
New positions opened: 155 | Existing positions closed: 132
17% more funds holding in top 10
Funds holding in top 10: 23 → 27 (+4)
2% more funds holding
Funds holding: 935 → 950 (+15)
0.74% more ownership
Funds ownership: 82.92% → 83.66% (+0.74%)
1% less repeat investments, than reductions
Existing positions increased: 341 | Existing positions reduced: 343
26% less capital invested
Capital invested by funds: $30B → $22.3B (-$7.66B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
BlueSpruce Investments
Chicago,
Illinois
|
+$178M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$169M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$142M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$137M |
| 5 |
Renaissance Technologies
New York
|
+$114M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$327M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$199M |
| 3 |
MCM
Melvin Capital Management
New York
|
-$190M |
| 4 |
Morgan Stanley
New York
|
-$168M |
| 5 |
TP
Third Point
New York
|
-$129M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFA
1076
Camarda Financial Advisors
Fleming Island,
Florida
| – | -$3K | -12 | Closed |
|
|
PG
1077
Proffitt & Goodson
Knoxville,
Tennessee
| – | -$2K | -8 | Closed |
|
1078
Fidelity International
Hamilton,
Bermuda
| – | -$1K | -6 | Closed |
|
|
ST
1079
Sageworth Trust
Lancaster,
Pennsylvania
| – | +$397 | +2 | New |
|
STZ Hedge Fund Activity: Q4 2018 in Review
950 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Constellation Brands (STZ) for Q4 2018, worth a combined $22.3B — down 26% from $30B a quarter earlier.
Buyers outnumbered sellers: 155 funds opened new STZ positions and 132 closed out — a net gain of 23 holders — while 341 added to existing stakes and 343 trimmed.
The largest buyer was BlueSpruce Investments, opening a new position worth an estimated $178M. The largest seller was JP Morgan Chase, cutting an estimated $327M.
- 950 institutional investors held Constellation Brands (STZ) as of Q4 2018, up from 935 in Q3 2018.
- Funds reported $22.3B of Constellation Brands stock for Q4 2018, down 26% quarter-over-quarter.
- 155 funds opened new Constellation Brands positions in Q4 2018 and 132 closed out, a net change of +23 holders.
- The largest Constellation Brands buyer in Q4 2018 was BlueSpruce Investments, an estimated $178M added.
- The largest Constellation Brands seller in Q4 2018 was JP Morgan Chase, an estimated $327M sold.
Based on aggregated 13F filings for Q4 2018.