CrossAmerica Partners
CAPL
27 hedge funds and large institutions have $130M invested in CrossAmerica Partners in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 14 increasing their positions, 6 reducing their positions, and 6 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 6
0.18% less ownership
Funds ownership: 43.74% → 43.57% (-0.18%)
2% less capital invested
Capital invested by funds: $133M → $130M (-$2.62M)
16% less funds holding
Funds holding: 32 → 27 (-5)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.39M |
| 2 |
ClearBridge Investments
New York
|
+$1.83M |
| 3 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$1.79M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$980K |
| 5 |
PAAMCP
Pacific Alternative Asset Management Company (PAAMCO)
Irvine,
California
|
+$841K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCP
Moab Capital Partners
Southampton,
New York
|
-$1.52M |
| 2 |
ACP
Andalusian Capital Partners
Greenwich,
Connecticut
|
-$1.41M |
| 3 |
TI
Turner Investments
Berwyn,
Pennsylvania
|
-$974K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
-$719K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$247K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $13K | – | – | – |
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $6K | – | – | – |
|
|
28
California Public Employees Retirement System
Sacramento,
California
| – | -$719K | -25,900 | Closed |
|
|
TC
29
TFS Capital
West Chester,
Pennsylvania
| – | -$241K | -8,425 | Closed |
|
|
CS
30
Credit Suisse
Zurich,
Switzerland
| – | -$235K | -8,209 | Closed |
|
|
SC
31
Sophrosyne Capital
New York
| – | -$157K | -5,500 | Closed |
|
32
Barclays
London,
United Kingdom
| – | -$31K | -1,100 | Closed |
|
33
Citigroup
New York
| – | -$4K | -123 | Closed |
|
CAPL Hedge Fund Activity: Q1 2014 in Review
27 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in CrossAmerica Partners (CAPL) for Q1 2014, worth a combined $130M — down 2% from $133M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CAPL and 1 opened new positions — a net loss of 5 holders — while 6 trimmed existing stakes and 14 added.
The largest buyer was Morgan Stanley, adding an estimated $2.39M. The largest seller was Moab Capital Partners, cutting an estimated $1.52M.
- 27 institutional investors held CrossAmerica Partners (CAPL) as of Q1 2014, down from 32 in Q4 2013.
- Funds reported $130M of CrossAmerica Partners stock for Q1 2014, down 2% quarter-over-quarter.
- 1 fund opened new CrossAmerica Partners positions in Q1 2014 and 6 closed out, a net change of -5 holders.
- The largest CrossAmerica Partners buyer in Q1 2014 was Morgan Stanley, an estimated $2.39M added.
- The largest CrossAmerica Partners seller in Q1 2014 was Moab Capital Partners, an estimated $1.52M sold.
Based on aggregated 13F filings for Q1 2014.