Qatar Investment Authority Doubles Stake in Credit Suisse Group (CS)

Fintel reports that Qatar Investment Authority filed a 13G/A form with the SEC disclosed ownership of 272,251,995 shares of Credit Suisse Group (CS). This is about 6.87% of the company.

In their first filing on November 17, 2021 they reported 133,217,522 shares and 5.57% of the company, share increase of 104.37% and total ownership increase of 1.30% (calculated as current – previous ownership percentage).

Credit Suisse Group AG is a global investment bank and financial services company founded and headquartered in Switzerland.

What are other major shareholders doing?

Hotchkiss & Wiley Capital Management Llc holds 26,414,081 shares which is about 0.67% ownership of the company. In its first filing, the company reported holding 26,956,736 shares, representing. a reduction is 2.05%. The company decrease its stake in CS was 26.84% last quarter.

Shah Capital Management owns 6,600,000 shares representing 0.17% ownership of the company. In its previous filing, the company reported that it had no shares, as a proxy an increase is 100.00%.

Kopernik Global Investors, LLC holding 5,092,833 shares representing 0.13% ownership of the company. In its previous filing, the company reported holding 11,604 shares, representing an increase is 99.77%. The company increase its allocation to CS was 28,687.33% in the previous quarter.

Renaissance Technologies Llc holding 4,790,619 shares representing 0.12% ownership of the company. In the first filing, the company reported that it had no shares, as a proxy an increase is 100.00%.

Two Sigma Investments, Lp holding 4,496,027 shares representing 0.11% ownership of the company. In the first filing, the company reported that it had no shares, as a proxy an increase is 100.00%.

What is the overall Fund Sentiment?

There are 451 financial or organizational reporting status at Credit Suisse Group. This is a reduction of 26 owners or 5.45%.

Weight measurement all money specific to Credit Suisse Group is 0.1521%, a decrease of 20.6637%. The number of shares held by institutions increased in the last three months by 2.47% to 501,365,434 shares.

Fintel’s Fund Sentiment Score is a benchmark that ranks companies from zero to 100 based on Fund Sentiment. Fund Sentiment is important because it tells you whether funds are being bought or sold – especially where the company is compared to other companies in the investment world. Click to view the Fintel Fund Sentiment Score for CS / Credit Suisse Group.

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect the views of Nasdaq, Inc.

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