C&J Energy Services, Inc.
CJ
CJ was delisted on the 30th of October, 2019.
163 hedge funds and large institutions have $713M invested in C&J Energy Services, Inc. in 2019 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 74 increasing their positions, 48 reducing their positions, and 47 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 48
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
11% less capital invested
Capital invested by funds: $802M → $713M (-$89.7M)
14% less funds holding
Funds holding: 190 → 163 (-27)
53% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 47
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$8.52M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$6.12M |
| 3 |
Pzena Investment Management
New York
|
+$6.07M |
| 4 |
BlackRock
New York
|
+$5.83M |
| 5 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$5.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$16.3M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$9.99M |
| 3 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$7.76M |
| 4 |
Man Group
London,
United Kingdom
|
-$6.73M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$6.25M |
CJ Hedge Fund Activity: Q3 2019 in Review
163 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in C&J Energy Services, Inc. (CJ) for Q3 2019, worth a combined $713M — down 11% from $802M a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of CJ and 22 opened new positions — a net loss of 25 holders — while 48 trimmed existing stakes and 74 added.
The largest buyer was AQR Arbitrage, adding an estimated $8.52M. The largest seller was Millennium Management, exiting entirely with an estimated $16.3M sold.
- 163 institutional investors held C&J Energy Services, Inc. (CJ) as of Q3 2019, down from 190 in Q2 2019.
- Funds reported $713M of C&J Energy Services, Inc. stock for Q3 2019, down 11% quarter-over-quarter.
- 22 funds opened new C&J Energy Services, Inc. positions in Q3 2019 and 47 closed out, a net change of -25 holders.
- The largest C&J Energy Services, Inc. buyer in Q3 2019 was AQR Arbitrage, an estimated $8.52M added.
- The largest C&J Energy Services, Inc. seller in Q3 2019 was Millennium Management, an estimated $16.3M sold.
Based on aggregated 13F filings for Q3 2019.