Centennial Resource Development, Inc. Warrants Business Combination
CDEVW
CDEVW was delisted on the 31st of March, 2017.
7 hedge funds and large institutions have $14.4M invested in Centennial Resource Development, Inc. Warrants Business Combination in 2017 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 27 closing their positions.
79% less funds holding
Funds holding: 34 → 7 (-27)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
83% less capital invested
Capital invested by funds: $84.2M → $14.4M (-$69.8M)
96% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 27
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
+$160K |
| 2 |
Goldman Sachs
New York
|
+$97.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Ionic Capital Management
New York
|
-$24.4M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$9.13M |
| 3 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
-$5.57M |
| 4 |
BCM
Brenham Capital Management
Dallas,
Texas
|
-$3.88M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$3.59M |
CDEVW Hedge Fund Activity: Q1 2017 in Review
7 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Centennial Resource Development, Inc. Warrants Business Combination (CDEVW) for Q1 2017, worth a combined $14.4M — down 83% from $84.2M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of CDEVW and 1 opened new positions — a net loss of 26 holders — while 5 trimmed existing stakes and 1 added.
The largest buyer was Lombard Odier Asset Management (USA), opening a new position worth an estimated $160K. The largest seller was Ionic Capital Management, exiting entirely with an estimated $24.4M sold.
- 7 institutional investors held Centennial Resource Development, Inc. Warrants Business Combination (CDEVW) as of Q1 2017, down from 34 in Q4 2016.
- Funds reported $14.4M of Centennial Resource Development, Inc. Warrants Business Combination stock for Q1 2017, down 83% quarter-over-quarter.
- 1 fund opened new Centennial Resource Development, Inc. Warrants Business Combination positions in Q1 2017 and 27 closed out, a net change of -26 holders.
- The largest Centennial Resource Development, Inc. Warrants Business Combination buyer in Q1 2017 was Lombard Odier Asset Management (USA), an estimated $160K added.
- The largest Centennial Resource Development, Inc. Warrants Business Combination seller in Q1 2017 was Ionic Capital Management, an estimated $24.4M sold.
Based on aggregated 13F filings for Q1 2017.