Chemours
416 hedge funds and large institutions have $866M invested in Chemours in 2016 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 89 increasing their positions, 184 reducing their positions, and 67 closing their positions.
28% more capital invested
Capital invested by funds: $679M → $866M (+$187M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.27% less ownership
Funds ownership: 69.42% → 68.15% (-1.3%)
5% less funds holding
Funds holding: 439 → 416 (-23)
23% less call options, than puts
Call options by funds: $5.42M | Put options by funds: $7.08M
28% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 67
52% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 184
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Greenlight Capital
New York
|
+$27.3M |
| 2 |
SC
Sessa Capital
New York
|
+$16.3M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$14.2M |
| 4 |
GCM
Gates Capital Management
New York
|
+$8.49M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$10.6M |
| 2 |
State Street
Boston,
Massachusetts
|
-$9.51M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$9.47M |
| 4 |
Millennium Management
New York
|
-$8.31M |
| 5 |
SCM
SKBA Capital Management
San Francisco,
California
|
-$8.17M |
CC Hedge Fund Activity: Q1 2016 in Review
416 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Chemours (CC) for Q1 2016, worth a combined $866M — up 28% from $679M a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of CC and 48 opened new positions — a net loss of 19 holders — while 184 trimmed existing stakes and 89 added.
The largest buyer was Greenlight Capital, adding an estimated $27.3M. The largest seller was BlackRock Institutional Trust, cutting an estimated $10.6M.
- 416 institutional investors held Chemours (CC) as of Q1 2016, down from 439 in Q4 2015.
- Funds reported $866M of Chemours stock for Q1 2016, up 28% quarter-over-quarter.
- 48 funds opened new Chemours positions in Q1 2016 and 67 closed out, a net change of -19 holders.
- The largest Chemours buyer in Q1 2016 was Greenlight Capital, an estimated $27.3M added.
- The largest Chemours seller in Q1 2016 was BlackRock Institutional Trust, an estimated $10.6M sold.
Based on aggregated 13F filings for Q1 2016.