Prince Street Capital Management Lowers stake in Credicorp Ltd. (USA) (BAP)

Credicorp Ltd. (USA) (BAP) : Prince Street Capital Management reduced its stake in Credicorp Ltd. (USA) by 8.3% during the most recent quarter end. The investment management company now holds a total of 178,300 shares of Credicorp Ltd. (USA) which is valued at $28,331,870 after selling 16,133 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 7.95% of Prince Street Capital Management’s portfolio.

Other Hedge Funds, Including , Voya Investment Management reduced its stake in BAP by selling 300 shares or 3.04% in the most recent quarter. The Hedge Fund company now holds 9,556 shares of BAP which is valued at $1,518,448. Pear Tree Advisors Inc sold out all of its stake in BAP during the most recent quarter. The investment firm sold 1,201 shares of BAP which is valued $190,839.Pictet Asset Management Ltd boosted its stake in BAP in the latest quarter, The investment management firm added 14,800 additional shares and now holds a total of 116,084 shares of Credicorp Ltd. (USA) which is valued at $18,445,748. Credicorp Ltd. (USA) makes up approx 0.07% of Pictet Asset Management Ltd’s portfolio.Los Angeles Capital Management Equity Research Inc reduced its stake in BAP by selling 4,300 shares or 2.3% in the most recent quarter. The Hedge Fund company now holds 182,300 shares of BAP which is valued at $29,625,573. Credicorp Ltd. (USA) makes up approx 0.24% of Los Angeles Capital Management Equity Research Inc’s portfolio.Cam Group Holding As boosted its stake in BAP in the latest quarter, The investment management firm added 500 additional shares and now holds a total of 1,400 shares of Credicorp Ltd. (USA) which is valued at $224,462.

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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