Masters Capital Management’s California Resources CRC Stock Holding History

Masters Capital Management’s Portfolio CRC Stock Details CRC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-200,000	Closed	-$10.6M	–	80
2025 Q3	$10.6M	Buy	+200,000	New	+$10M	0.39%	57
2023 Q4	–	Sell	-293,000	Closed	-$15.4M	–	66
2023 Q3	$16.4M	Buy	293,000 +93,000	+47%	+$4.95M	0.91%	32
2023 Q2	$9.06M	Sell	200,000 -500,000	-71%	-$20.3M	0.36%	44
2023 Q1	$26.9M	Buy	700,000 +200,000	+40%	+$8.28M	1.36%	27
2022 Q4	$21.8M	Sell	500,000 -100,000	-17%	-$4.38M	1.65%	25
2022 Q3	$23.1M	Hold	600,000	–	–	1.63%	18
2022 Q2	$23.1M	Buy	600,000 +400,000	+200%	+$17.2M	1.08%	28
2022 Q1	$8.95M	Buy	+200,000	New	+$8.62M	0.36%	51

Other funds holding CRC

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Canada Pension Plan Investment Board Toronto Ontario, Ontario, Canada $155B AUM 29.93% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

GDS

Gimbel Daniel Scott $435M AUM 78.68% 1-Year Est. Return

Sourcerock Group Denver, Colorado $2.48B AUM 72.25% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return

Victory Capital Management San Antonio, Texas $156B AUM 27.51% 1-Year Est. Return

OAG

Orbis Allan Gray Hamilton, Bermuda $23.7B AUM 65.43% 1-Year Est. Return

Masters Capital Management's CRC Position: Q4 2025 in Review

Masters Capital Management sold out of California Resources (CRC) in Q4 2025, closing a stake of 200,000 shares — an estimated $10.6M sold.

Masters Capital Management first reported a position in CRC in Q1 2022 and held it in 8 quarters. The position peaked at $26.9M in Q1 2023. 324 funds tracked by Wall St. Rank hold CRC as of Q4 2025.

Masters Capital Management reported no remaining California Resources position as of Q4 2025 after selling out during the quarter.
Masters Capital Management sold 200,000 California Resources shares in Q4 2025, an estimated $10.6M.
Masters Capital Management first reported a position in California Resources in Q1 2022 and held it in 8 quarters.
Masters Capital Management's California Resources position peaked at $26.9M in Q1 2023.
324 funds tracked by Wall St. Rank held California Resources as of Q4 2025.

Based on Masters Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.