Genesis Asset Managers Llp buys $368,301,642 stake in Credicorp Ltd. (USA) (BAP)

Credicorp Ltd. (USA) (BAP) : Genesis Asset Managers Llp scooped up 196,400 additional shares in Credicorp Ltd. (USA) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 12, 2016. The investment management firm now holds a total of 2,329,254 shares of Credicorp Ltd. (USA) which is valued at $368,301,642.Credicorp Ltd. (USA) makes up approximately 15.25% of Genesis Asset Managers Llp’s portfolio.

Other Hedge Funds, Including , Fisher Asset Management boosted its stake in BAP in the latest quarter, The investment management firm added 61,509 additional shares and now holds a total of 1,288,171 shares of Credicorp Ltd. (USA) which is valued at $203,685,599. Credicorp Ltd. (USA) makes up approx 0.39% of Fisher Asset Management’s portfolio. Kistler-tiffany Companies added BAP to its portfolio by purchasing 49 company shares during the most recent quarter which is valued at $7,660.Bnp Paribas Arbitrage Sa boosted its stake in BAP in the latest quarter, The investment management firm added 20,423 additional shares and now holds a total of 99,957 shares of Credicorp Ltd. (USA) which is valued at $15,626,278. Credicorp Ltd. (USA) makes up approx 0.07% of Bnp Paribas Arbitrage Sa’s portfolio.

Credicorp Ltd. (USA) closed down -2.92 points or -1.84% at $156.08 with 3,31,077 shares getting traded on Friday. Post opening the session at $159, the shares hit an intraday low of $155.6601 and an intraday high of $159.96 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Credicorp Ltd. is a financial services holding company in Peru. The Company is has four operating segments based on its products and services. Its operational segments include banking insurance pension funds and investment banking. The Company’s five principal operating subsidiaries include Banco de Credito del Peru (BCP); Atlantic Security Bank (ASB) which it holds through Atlantic Security Holding Corporation (ASHC); El Pacifico-Peruano Suiza Compania de Seguros y Reaseguros (Grupo Pacifico); Prima AFP and Credicorp Capital. Its banking business is principally focused on commercial and consumer loans credit facilities deposits current accounts and credit cards. It conducts its insurance business through Grupo Pacifico which is a Peruvian insurance company. Its investment banking business units are grouped under Credicorp Capital which carries out its operations in the region through Credicorp Capital Peru Credicorp Capital Colombia (formerly Correval) and IM Trust.

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