Constellation Brands
406 hedge funds and large institutions have $8.66B invested in Constellation Brands in 2013 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 147 increasing their positions, 147 reducing their positions, and 35 closing their positions.
63% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 35
10% more capital invested
Capital invested by funds: $7.89B → $8.66B (+$774M)
4% more funds holding
Funds holding: 389 → 406 (+17)
3% more call options, than puts
Call options by funds: $254M | Put options by funds: $246M
0% more repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 147
0.23% less ownership
Funds ownership: 91.84% → 91.61% (-0.23%)
19% less funds holding in top 10
Funds holding in top 10: 21 → 17 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCM
Eton Park Capital Management
New York
|
+$113M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
+$113M |
| 3 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
+$112M |
| 4 |
CCM
Conatus Capital Management
Greenwich,
Connecticut
|
+$100M |
| 5 |
D.E. Shaw & Co
New York
|
+$81.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
-$98M |
| 2 |
First Eagle Investment Management
New York
|
-$92.5M |
| 3 |
MCM
Mason Capital Management
New York
|
-$91.8M |
| 4 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$87.1M |
| 5 |
SFM
Soros Fund Management
New York
|
-$60.7M |
STZ Hedge Fund Activity: Q3 2013 in Review
406 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Constellation Brands (STZ) for Q3 2013, worth a combined $8.66B — up 9.8% from $7.89B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new STZ positions and 35 closed out — a net gain of 22 holders — while 147 added to existing stakes and 147 trimmed.
The largest buyer was Eton Park Capital Management, opening a new position worth an estimated $113M. The largest seller was Senator Investment Group, cutting an estimated $98M.
- 406 institutional investors held Constellation Brands (STZ) as of Q3 2013, up from 389 in Q2 2013.
- Funds reported $8.66B of Constellation Brands stock for Q3 2013, up 9.8% quarter-over-quarter.
- 57 funds opened new Constellation Brands positions in Q3 2013 and 35 closed out, a net change of +22 holders.
- The largest Constellation Brands buyer in Q3 2013 was Eton Park Capital Management, an estimated $113M added.
- The largest Constellation Brands seller in Q3 2013 was Senator Investment Group, an estimated $98M sold.
Based on aggregated 13F filings for Q3 2013.