Martin Currie Ltd Lowers stake in Credicorp Ltd. (USA) (BAP)

Credicorp Ltd. (USA) (BAP) : Martin Currie Ltd reduced its stake in Credicorp Ltd. (USA) by 40.11% during the most recent quarter end. The investment management company now holds a total of 166,845 shares of Credicorp Ltd. (USA) which is valued at $26,511,671 after selling 111,763 shares in Credicorp Ltd. (USA) , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Credicorp Ltd. (USA) makes up approximately 2.46% of Martin Currie Ltd’s portfolio.

Other Hedge Funds, Including , Black River Asset Management reduced its stake in BAP by selling 16,700 shares or 40.53% in the most recent quarter. The Hedge Fund company now holds 24,500 shares of BAP which is valued at $3,893,050. Credicorp Ltd. (USA) makes up approx 100.00% of Black River Asset Management’s portfolio.Blackrock Advisors reduced its stake in BAP by selling 160,788 shares or 64.01% in the most recent quarter. The Hedge Fund company now holds 90,399 shares of BAP which is valued at $14,364,401. Credicorp Ltd. (USA) makes up approx 0.01% of Blackrock Advisors’s portfolio.Ubs Asset Management Americas Inc boosted its stake in BAP in the latest quarter, The investment management firm added 12,700 additional shares and now holds a total of 183,963 shares of Credicorp Ltd. (USA) which is valued at $29,895,827. Credicorp Ltd. (USA) makes up approx 0.03% of Ubs Asset Management Americas Inc’s portfolio.Oxford Asset Management reduced its stake in BAP by selling 28,535 shares or 51.9% in the most recent quarter. The Hedge Fund company now holds 26,447 shares of BAP which is valued at $4,297,902. Credicorp Ltd. (USA) makes up approx 0.17% of Oxford Asset Management’s portfolio.Glenmede Trust Co Na boosted its stake in BAP in the latest quarter, The investment management firm added 23 additional shares and now holds a total of 42 shares of Credicorp Ltd. (USA) which is valued at $6,714.

Credicorp Ltd. (USA) opened for trading at $156.71 and hit $161.99 on the upside on Thursday, eventually ending the session at $160.76, with a gain of 2.60% or 4.08 points. The heightened volatility saw the trading volume jump to 3,37,555 shares. Company has a market cap of $15,173 M.

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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