CrossAmerica Partners
CAPL
46 hedge funds and large institutions have $135M invested in CrossAmerica Partners in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 7 closing their positions.
317% more call options, than puts
Call options by funds: $2.13M | Put options by funds: $510K
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
55% more capital invested
Capital invested by funds: $86.8M → $135M (+$48M)
2.65% less ownership
Funds ownership: 29.09% → 26.44% (-2.6%)
8% less funds holding
Funds holding: 50 → 46 (-4)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rafferty Asset Management
New York
|
+$1.58M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$473K |
| 3 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
+$443K |
| 4 |
AIA
Arrow Investment Advisors
Laurel,
Maryland
|
+$304K |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
+$240K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$8.06M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.29M |
| 3 |
MOACM
Mutual of America Capital Management
New York
|
-$1.1M |
| 4 |
Cohen & Steers
New York
|
-$336K |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$161K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TIS
51
Tortoise Index Solutions
Overland Park,
Kansas
| – | -$46K | -5,687 | Closed |
|
52
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$28K | -3,465 | Closed |
|
CAPL Hedge Fund Activity: Q2 2020 in Review
46 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in CrossAmerica Partners (CAPL) for Q2 2020, worth a combined $135M — up 55% from $86.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CAPL and 4 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 15 added.
The largest buyer was Rafferty Asset Management, opening a new position worth an estimated $1.58M. The largest seller was Goldman Sachs, cutting an estimated $8.06M.
- 46 institutional investors held CrossAmerica Partners (CAPL) as of Q2 2020, down from 50 in Q1 2020.
- Funds reported $135M of CrossAmerica Partners stock for Q2 2020, up 55% quarter-over-quarter.
- 4 funds opened new CrossAmerica Partners positions in Q2 2020 and 7 closed out, a net change of -3 holders.
- The largest CrossAmerica Partners buyer in Q2 2020 was Rafferty Asset Management, an estimated $1.58M added.
- The largest CrossAmerica Partners seller in Q2 2020 was Goldman Sachs, an estimated $8.06M sold.
Based on aggregated 13F filings for Q2 2020.