Exploring Credicorp Ltd. (BAP) Investor Profile: Who’s Buying and Why?

Ever wonder who's investing in Credicorp Ltd. (BAP) and what's driving their decisions? Are institutional investors increasing their stakes, or are individual shareholders leading the charge? As of April 15, 2025, Credicorp Ltd.'s share price stood at $185.08, marking a 15.94% increase from $159.64 on April 16, 2024. With 619 institutional owners holding a total of 69,964,929 shares, representing 88.08% (excluding 13D/G) of the company, understanding the investor profile becomes crucial. Let's delve into the key players and the factors influencing their investment strategies in this leading Peruvian financial services group.

Credicorp Ltd. (BAP) Who Invests in Credicorp Ltd. (BAP) and Why?

Understanding the investor profile of Credicorp Ltd. (BAP) involves examining the diverse range of entities and individuals who hold its stock and the motivations driving their investment decisions. These investors typically include retail investors, institutional investors, and hedge funds, each bringing a unique perspective and strategy to their investment in Credicorp Ltd. (BAP).

Key Investor Types:

The investor base of Credicorp Ltd. (BAP) can be broadly categorized into the following:

• Retail Investors: These are individual investors who buy shares of Credicorp Ltd. (BAP) for their personal accounts. Retail investors may be drawn to Credicorp Ltd. (BAP) due to its brand recognition in Peru, its history, or its perceived growth potential.
• Institutional Investors: This group includes mutual funds, pension funds, insurance companies, and other large financial institutions that invest on behalf of their clients. Institutional investors often hold a significant portion of Credicorp Ltd. (BAP)'s shares and can significantly influence the stock's price and stability.
• Hedge Funds: These are investment partnerships that use a variety of strategies, including leverage, derivatives, and short-selling, to generate high returns. Hedge funds may invest in Credicorp Ltd. (BAP) if they identify a specific opportunity, such as a potential for a short-term gain or a belief that the stock is undervalued.

Investment Motivations:

Several factors attract investors to Credicorp Ltd. (BAP):

• Growth Prospects: Investors may be attracted to Credicorp Ltd. (BAP) due to its potential for growth in the Peruvian financial services market. Factors such as the expanding middle class in Peru, increasing demand for financial products, and Credicorp Ltd. (BAP)'s strategic initiatives can contribute to this perception.
• Dividends: Some investors may be drawn to Credicorp Ltd. (BAP) because of its dividend payouts. Dividends provide a steady stream of income, making the stock attractive to income-seeking investors.
• Market Position: Credicorp Ltd. (BAP)'s strong market position in Peru, including its significant market share and brand recognition, can be a compelling reason for investors to buy its stock. A dominant market position can provide a competitive advantage and contribute to long-term profitability.

Investment Strategies:

Investors in Credicorp Ltd. (BAP) employ various strategies, depending on their investment goals and risk tolerance:

• Long-Term Holding: Some investors adopt a long-term holding strategy, buying and holding Credicorp Ltd. (BAP) shares for an extended period, typically several years or more. These investors believe in the company's long-term growth potential and are willing to ride out short-term market fluctuations.
• Short-Term Trading: Other investors engage in short-term trading, buying and selling Credicorp Ltd. (BAP) shares to profit from short-term price movements. These traders may use technical analysis and other tools to identify trading opportunities.
• Value Investing: Value investors seek out undervalued stocks, believing that the market has mispriced them. They may invest in Credicorp Ltd. (BAP) if they believe that the stock is trading below its intrinsic value.

To illustrate the potential ownership structure, consider a hypothetical scenario. Please note that this is purely illustrative and not based on specific real-time ownership data:

Understanding who invests in Credicorp Ltd. (BAP) and why provides valuable insights into the company's stock dynamics and market perception. By analyzing the motivations and strategies of different investor types, stakeholders can gain a more comprehensive understanding of the factors influencing Credicorp Ltd. (BAP)'s stock performance.

Further insights into Credicorp Ltd. (BAP) can be found here: Credicorp Ltd. (BAP): History, Ownership, Mission, How It Works & Makes Money

Credicorp Ltd. (BAP) Institutional Ownership and Major Shareholders of Credicorp Ltd. (BAP)

Institutional ownership in Credicorp Ltd. (BAP) reflects significant interest from major financial institutions. As of recent filings, 619 institutional owners and shareholders have filed 13D/G or 13F forms with the Securities and Exchange Commission (SEC), holding a total of 69,964,929 shares.

Here's a breakdown of top institutional holders:

• Atlantic Security Holding Corp: 18.41%
• Rittenhouse Capital Ltd: 6.98%
• Dodge & Cox: 6.72%
• BlackRock, Inc.: 4.95%
• FMR LLC: 4.59%

Other significant shareholders include:

• Massachusetts Financial Services Company
• High Inter Projects, Corp
• Westwood Global Investments LLC
• Harding Loevner LP
• RBC Global Asset Management Inc.

Mutual fund holders also have notable positions:

• Dodge & Cox Funds - Dodge & Cox International Stock Fund: 4.20%
• AIM Investment Funds (Invesco Investment Funds) - Invesco Developing Markets Fund: 1.47%
• MFS Series Trust X - MFS International Growth Fund: 1.16%

Recent trading activity indicates shifts in institutional ownership. For example, Discovery Capital Management LLC CT increased its stake by 20.0% in the fourth quarter, owning 80,300 shares valued at $14,721,000. Axiom Investors LLC DE increased its position by 230.8% in the fourth quarter, owning 194,209 shares worth $35,602,000.

Several other institutional investors and hedge funds have also adjusted their positions in Credicorp Ltd. (BAP). Ninety One UK Ltd raised its stake by 4.7% in the fourth quarter, now owning 1,089,334 shares worth $199,697,000. Pzena Investment Management LLC increased its stake by 5.2% in the fourth quarter, holding 1,080,579 shares valued at $198,092,000. ARGA Investment Management LP lifted its holdings by 0.9% during the same period, owning 794,587 shares worth $145,664,000. Vanguard Group Inc. boosted its position by 3.0% in the fourth quarter, with 659,904 shares valued at $120,974,000.

However, some institutions have reduced their holdings. In Q3 2024, Martin Currie Ltd decreased their position by 100.0%, removing 314,600 shares, while Goldman Sachs Group Inc. reduced their stake by 16.3%, selling 155,291 shares.

Overall, institutional investors and hedge funds own approximately 89.81% of Credicorp's stock.

Institutional investors play a crucial role in shaping a company's stock price and strategic direction. Their substantial holdings can provide stability and influence corporate decisions. Recent increases in ownership by firms like Discovery Capital Management, Axiom Investors, and others, signal positive sentiment towards Credicorp's potential.

The share price of Credicorp Ltd. as of April 15, 2025, was $185.08 per share. On April 16, 2024, the share price was $159.64 per share, representing an increase of 15.94% over that period.

Here's a summary of major institutional ownership changes:

For more insights into Credicorp Ltd. (BAP), explore: Credicorp Ltd. (BAP): History, Ownership, Mission, How It Works & Makes Money

Credicorp Ltd. (BAP) Key Investors and Their Impact on Credicorp Ltd. (BAP)

Understanding the investor profile of Credicorp Ltd. (BAP) provides valuable insights into the company's stability, strategic direction, and potential for growth. Key investors can significantly influence company decisions and stock performance through their holdings and activities.

While specific, real-time data on all investors and their recent moves changes constantly, we can look at the general types of investors and their potential impact, as well as examples from the recent past to illustrate typical influence. As of the fiscal year 2024, institutional investors remain a dominant force in Credicorp Ltd. (BAP).

Here are some notable types of investors and their potential influence:

• Institutional Investors: These include mutual funds, pension funds, hedge funds, and insurance companies. These entities often hold large stakes in Credicorp Ltd. (BAP), making them influential in corporate governance and strategic decisions. Their investment decisions are driven by in-depth research and analysis, and they can significantly impact stock prices through large-volume trading.
• Individual Investors: These can range from retail investors holding a few shares to high-net-worth individuals with substantial portfolios. While individual investors may have less direct influence than institutional investors, their collective sentiment can affect stock valuation.
• Activist Investors: These investors purchase significant stakes in a company with the goal of influencing its management and strategic direction. They often push for changes to improve shareholder value, such as restructuring, cost-cutting, or changes in leadership.
• Sovereign Wealth Funds: These are state-owned investment funds that invest on behalf of their respective governments. Their investments can be driven by both financial and strategic considerations.

Examples of how investors can impact Credicorp Ltd. (BAP):

• Strategic Shifts: Major investors can influence decisions related to mergers, acquisitions, and divestitures.
• Corporate Governance: Large shareholders can propose changes to the board of directors or influence executive compensation.
• Stock Volatility: Significant buying or selling activity by key investors can lead to short-term price fluctuations.

To gain more insights into Credicorp Ltd. (BAP), you might find this resource helpful: Credicorp Ltd. (BAP): History, Ownership, Mission, How It Works & Makes Money.

Credicorp Ltd. (BAP) Market Impact and Investor Sentiment

Understanding investor sentiment and market reactions is crucial for gauging the potential future performance of Credicorp Ltd. (BAP). Shifts in major shareholders' positions, market responses to these changes, and analyst perspectives all contribute to a comprehensive view of the company's prospects.

Investor Sentiment: The sentiment of major shareholders towards Credicorp Ltd. (BAP) provides valuable insight into the company's stability and growth potential. While specific current sentiment data of major individual shareholders is not readily available, observing significant changes in institutional ownership can act as an indicator. Generally, an increase in institutional holding suggests a positive outlook, whereas a decrease may signal concerns about future performance. For instance, if a major institutional investor significantly reduces its stake, it could reflect a negative sentiment driven by factors such as regulatory changes, economic instability in the regions Credicorp operates, or company-specific performance issues.

Here are some factors influencing investor sentiment:

• Economic Conditions: Peru's and other Latin American countries' economic health significantly impacts Credicorp's performance.
• Regulatory Changes: Changes in banking regulations can affect investor confidence.
• Company Performance: Credicorp's financial results, strategic decisions, and operational efficiency influence investor sentiment.

Recent Market Reactions: Stock market reactions to changes in ownership or large investor moves can offer immediate feedback on how the investment community perceives these changes. For example, if a well-known investment fund announces a substantial new investment in Credicorp, the stock price might experience a notable increase, reflecting positive market sentiment. Conversely, if a major investor reduces their position, the stock could face downward pressure.

Analyzing market reactions involves looking at:

• Stock Price Movements: Significant increases or decreases following investor actions.
• Trading Volume: Higher trading volumes can indicate strong market reactions.
• Volatility: Increased volatility might suggest uncertainty or strong opposing views among investors.

Analyst Perspectives: Financial analysts play a crucial role in interpreting the potential impact of key investors on Credicorp Ltd.'s future. These analysts often provide insights based on thorough financial modeling, industry knowledge, and macroeconomic analysis. Their perspectives can influence investor sentiment and market behavior.

Analyst insights typically cover:

• Impact of Investment Decisions: How major investment decisions could affect Credicorp's strategic direction and financial health.
• Risk Assessment: Evaluation of potential risks associated with investor actions.
• Future Outlook: Predictions on how key investors might influence Credicorp's long-term growth and stability.

To provide a clearer picture, consider the following hypothetical scenario:

Understanding Credicorp's mission, vision and core values can also provide insight into potential long-term investment strategies. More information on this can be found here: Mission Statement, Vision, & Core Values of Credicorp Ltd. (BAP).