CF Industries
710 hedge funds and large institutions have $13B invested in CF Industries in 2023 Q1 according to their latest regulatory filings, with 87 funds opening new positions, 248 increasing their positions, 292 reducing their positions, and 156 closing their positions.
30% more call options, than puts
Call options by funds: $363M | Put options by funds: $279M
1.25% less ownership
Funds ownership: 93.16% → 91.91% (-1.3%)
10% less funds holding
Funds holding: 788 → 710 (-78)
15% less repeat investments, than reductions
Existing positions increased: 248 | Existing positions reduced: 292
15% less capital invested
Capital invested by funds: $15.4B → $13B (-$2.35B)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
44% less first-time investments, than exits
New positions opened: 87 | Existing positions closed: 156
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$159M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$95.4M |
| 3 |
Millennium Management
New York
|
+$84.7M |
| 4 |
Bank of New York Mellon
New York
|
+$81.4M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$76.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$529M |
| 2 |
SCP
Soroban Capital Partners
New York
|
-$210M |
| 3 |
Morgan Stanley
New York
|
-$161M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$55.7M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$54.3M |
CF Hedge Fund Activity: Q1 2023 in Review
710 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in CF Industries (CF) for Q1 2023, worth a combined $13B — down 15% from $15.4B a quarter earlier.
Sellers outnumbered buyers: 156 funds closed out of CF and 87 opened new positions — a net loss of 69 holders — while 292 trimmed existing stakes and 248 added.
The largest buyer was First Trust Advisors, adding an estimated $159M. The largest seller was Fidelity Investments, cutting an estimated $529M.
- 710 institutional investors held CF Industries (CF) as of Q1 2023, down from 788 in Q4 2022.
- Funds reported $13B of CF Industries stock for Q1 2023, down 15% quarter-over-quarter.
- 87 funds opened new CF Industries positions in Q1 2023 and 156 closed out, a net change of -69 holders.
- The largest CF Industries buyer in Q1 2023 was First Trust Advisors, an estimated $159M added.
- The largest CF Industries seller in Q1 2023 was Fidelity Investments, an estimated $529M sold.
Based on aggregated 13F filings for Q1 2023.