CrossAmerica Partners
CAPL
32 hedge funds and large institutions have $133M invested in CrossAmerica Partners in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
28% more funds holding
Funds holding: 25 → 32 (+7)
7% less capital invested
Capital invested by funds: $143M → $133M (-$10.4M)
24.28% less ownership
Funds ownership: 68.02% → 43.74% (-24%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$23.8M |
| 2 |
O
OppenheimerFunds
New York
|
+$9.81M |
| 3 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$4.33M |
| 4 |
TI
Turner Investments
Berwyn,
Pennsylvania
|
+$4.03M |
| 5 |
PAAMCP
Pacific Alternative Asset Management Company (PAAMCO)
Irvine,
California
|
+$3.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$65.7M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$6.29M |
| 3 |
MCP
Moab Capital Partners
Southampton,
New York
|
-$937K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$439K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$392K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SC
26
Sophrosyne Capital
New York
| $157K | +$14K | +500 | +10% |
|
|
FA
27
Friess Associates
Greenville,
Delaware
| $137K | +$5.59K | +200 | +4% |
|
28
Barclays
London,
United Kingdom
| $31K | +$30.8K | +1,100 | New |
|
|
29
Bank of America
Charlotte,
North Carolina
| $14K | -$65.7M | -2,350,875 | -100% |
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $6K | – | – | – |
|
|
U
31
UBS
Zurich,
Switzerland
| $4K | -$11.8K | -423 | -75% |
|
32
Citigroup
New York
| $4K | +$3.44K | +123 | New |
|
|
VKH
33
Virtu KCG Holdings
New York
| – | -$439K | -15,700 | Closed |
|
|
PCM
34
Prelude Capital Management
New York
| – | -$35K | -1,250 | Closed |
|
CAPL Hedge Fund Activity: Q4 2013 in Review
32 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in CrossAmerica Partners (CAPL) for Q4 2013, worth a combined $133M — down 7.2% from $143M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CAPL positions and 2 closed out — a net gain of 7 holders — while 14 added to existing stakes and 7 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $23.8M. The largest seller was Bank of America, cutting an estimated $65.7M.
- 32 institutional investors held CrossAmerica Partners (CAPL) as of Q4 2013, up from 25 in Q3 2013.
- Funds reported $133M of CrossAmerica Partners stock for Q4 2013, down 7.2% quarter-over-quarter.
- 9 funds opened new CrossAmerica Partners positions in Q4 2013 and 2 closed out, a net change of +7 holders.
- The largest CrossAmerica Partners buyer in Q4 2013 was Goldman Sachs, an estimated $23.8M added.
- The largest CrossAmerica Partners seller in Q4 2013 was Bank of America, an estimated $65.7M sold.
Based on aggregated 13F filings for Q4 2013.