CrossAmerica Partners
CAPL
56 hedge funds and large institutions have $285M invested in CrossAmerica Partners in 2015 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 22 increasing their positions, 13 reducing their positions, and 5 closing their positions.
200% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 5
69% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 13
46% more call options, than puts
Call options by funds: $1.35M | Put options by funds: $924K
22% more funds holding
Funds holding: 46 → 56 (+10)
4.18% less ownership
Funds ownership: 55.86% → 51.67% (-4.2%)
18% less capital invested
Capital invested by funds: $347M → $285M (-$62.6M)
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
|
+$9.9M |
| 2 |
Morgan Stanley
New York
|
+$2.41M |
| 3 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$2.39M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.9M |
| 5 |
Jennison Associates
New York
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$7.53M |
| 2 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
-$6.42M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$4.99M |
| 4 |
Goldman Sachs
New York
|
-$2.8M |
| 5 |
ClearBridge Investments
New York
|
-$2.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VNA
51
Valley National Advisers
Bethlehem,
Pennsylvania
| $33K | – | – | – |
|
52
Creative Planning
Overland Park,
Kansas
| $16K | +$18.1K | +500 | New |
|
53
Bessemer Group
Woodbridge,
New Jersey
| $13K | +$13.9K | +385 | New |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| $7K | +$7.84K | +217 | New |
|
55
Group One Trading
Chicago,
Illinois
| $3K | -$390K | -10,800 | -99% |
|
56
Citigroup
New York
| $2K | +$1.7K | +47 | New |
|
57
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $10 | – | – | – |
|
|
MSA
58
Mason Street Advisors
Milwaukee,
Wisconsin
| – | -$6.42M | -159,421 | Closed |
|
|
PCM
59
Pyrrho Capital Management
New York
| – | -$1.12M | -27,900 | Closed |
|
|
DCM
60
Driehaus Capital Management
Chicago,
Illinois
| – | -$887K | -22,010 | Closed |
|
61
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$362K | -10,030 | Closed |
|
|
CCMU
62
Cheyne Capital Management (UK)
London,
United Kingdom
| – | -$348K | -8,661 | Closed |
|
CAPL Hedge Fund Activity: Q1 2015 in Review
56 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in CrossAmerica Partners (CAPL) for Q1 2015, worth a combined $285M — down 18% from $347M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new CAPL positions and 5 closed out — a net gain of 10 holders — while 22 added to existing stakes and 13 trimmed.
The largest buyer was Harvest Fund Advisors, adding an estimated $9.9M. The largest seller was NXG Investment Management, cutting an estimated $7.53M.
- 56 institutional investors held CrossAmerica Partners (CAPL) as of Q1 2015, up from 46 in Q4 2014.
- Funds reported $285M of CrossAmerica Partners stock for Q1 2015, down 18% quarter-over-quarter.
- 15 funds opened new CrossAmerica Partners positions in Q1 2015 and 5 closed out, a net change of +10 holders.
- The largest CrossAmerica Partners buyer in Q1 2015 was Harvest Fund Advisors, an estimated $9.9M added.
- The largest CrossAmerica Partners seller in Q1 2015 was NXG Investment Management, an estimated $7.53M sold.
Based on aggregated 13F filings for Q1 2015.