CrossAmerica Partners
CAPL
29 hedge funds and large institutions have $127M invested in CrossAmerica Partners in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 5 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
7% more funds holding
Funds holding: 27 → 29 (+2)
2% less capital invested
Capital invested by funds: $130M → $127M (-$3.17M)
1.3% less ownership
Funds ownership: 43.57% → 42.26% (-1.3%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$9.81M |
| 2 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$4.07M |
| 3 |
ClearBridge Investments
New York
|
+$1.42M |
| 4 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
+$1.38M |
| 5 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACP
Andalusian Capital Partners
Greenwich,
Connecticut
|
-$5.13M |
| 2 |
PAAMCP
Pacific Alternative Asset Management Company (PAAMCO)
Irvine,
California
|
-$4.06M |
| 3 |
MCP
Moab Capital Partners
Southampton,
New York
|
-$3.45M |
| 4 |
NVIM
New Vernon Investment Management
Highland Park,
Illinois
|
-$2.64M |
| 5 |
Morgan Stanley
New York
|
-$2.61M |
| 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
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $3K | +$3.17K | +118 | New |
|
|
ACP
29
Andalusian Capital Partners
Greenwich,
Connecticut
| – | -$5.13M | -190,373 | Closed |
|
|
PAAMCP
30
Pacific Alternative Asset Management Company (PAAMCO)
Irvine,
California
| – | -$4.06M | -150,729 | Closed |
|
|
NVIM
31
New Vernon Investment Management
Highland Park,
Illinois
| – | -$2.64M | -98,000 | Closed |
|
|
CCA
32
Catalyst Capital Advisors
Huntington,
New York
| – | -$1.24M | -45,829 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$29K | -1,063 | Closed |
|
34
Citigroup
New York
| – | +$81 | +3 | New |
|
CAPL Hedge Fund Activity: Q2 2014 in Review
29 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in CrossAmerica Partners (CAPL) for Q2 2014, worth a combined $127M — down 2.4% from $130M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CAPL positions and 5 closed out — a net gain of 2 holders — while 11 added to existing stakes and 7 trimmed.
The largest buyer was Harvest Fund Advisors, opening a new position worth an estimated $9.81M. The largest seller was Andalusian Capital Partners, exiting entirely with an estimated $5.13M sold.
- 29 institutional investors held CrossAmerica Partners (CAPL) as of Q2 2014, up from 27 in Q1 2014.
- Funds reported $127M of CrossAmerica Partners stock for Q2 2014, down 2.4% quarter-over-quarter.
- 7 funds opened new CrossAmerica Partners positions in Q2 2014 and 5 closed out, a net change of +2 holders.
- The largest CrossAmerica Partners buyer in Q2 2014 was Harvest Fund Advisors, an estimated $9.81M added.
- The largest CrossAmerica Partners seller in Q2 2014 was Andalusian Capital Partners, an estimated $5.13M sold.
Based on aggregated 13F filings for Q2 2014.