Casey's General Stores
CASY
360 hedge funds and large institutions have $4.08B invested in Casey's General Stores in 2016 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 114 increasing their positions, 159 reducing their positions, and 43 closing their positions.
27% more call options, than puts
Call options by funds: $47.6M | Put options by funds: $37.4M
2% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 43
1% less funds holding
Funds holding: 364 → 360 (-4)
7% less capital invested
Capital invested by funds: $4.37B → $4.08B (-$294M)
28% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 159
36% less funds holding in top 10
Funds holding in top 10: 14 → 9 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VAM
Vontobel Asset Management
New York
|
+$118M |
| 2 |
MCM
Melvin Capital Management
New York
|
+$99.8M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$80.6M |
| 4 |
Goldman Sachs
New York
|
+$53.6M |
| 5 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
+$33.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
-$91.5M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$33.9M |
| 3 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$31.9M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$30.6M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$29.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
401
Parallax Volatility Advisers
San Francisco,
California
| – | -$12.6K | -98 | Closed |
|
|
MCM
402
McKinley Capital Management
Anchorage,
Alaska
| – | -$5K | -40 | Closed |
|
|
PCM
403
Prelude Capital Management
New York
| – | -$1K | -10 | Closed |
|
|
BCI
404
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | +$129 | +1 | New |
|
CASY Hedge Fund Activity: Q3 2016 in Review
360 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Casey's General Stores (CASY) for Q3 2016, worth a combined $4.08B — down 6.7% from $4.37B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new CASY positions and 43 closed out — a net gain of 1 holder — while 114 added to existing stakes and 159 trimmed.
The largest buyer was Vontobel Asset Management, adding an estimated $118M. The largest seller was Bain Capital Public Equity Management, exiting entirely with an estimated $91.5M sold.
- 360 institutional investors held Casey's General Stores (CASY) as of Q3 2016, down from 364 in Q2 2016.
- Funds reported $4.08B of Casey's General Stores stock for Q3 2016, down 6.7% quarter-over-quarter.
- 44 funds opened new Casey's General Stores positions in Q3 2016 and 43 closed out, a net change of +1 holder.
- The largest Casey's General Stores buyer in Q3 2016 was Vontobel Asset Management, an estimated $118M added.
- The largest Casey's General Stores seller in Q3 2016 was Bain Capital Public Equity Management, an estimated $91.5M sold.
Based on aggregated 13F filings for Q3 2016.