C&J Energy Services, Inc.
CJ
CJ was delisted on the 30th of October, 2019.
172 hedge funds and large institutions have $955M invested in C&J Energy Services, Inc. in 2018 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 65 increasing their positions, 57 reducing their positions, and 26 closing their positions.
5,192% more call options, than puts
Call options by funds: $688K | Put options by funds: $13K
14% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 57
12% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 26
2% more funds holding
Funds holding: 169 → 172 (+3)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
36% less capital invested
Capital invested by funds: $1.49B → $955M (-$535M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$23.6M |
| 2 |
Pzena Investment Management
New York
|
+$20.9M |
| 3 |
Citigroup
New York
|
+$18M |
| 4 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$14.6M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAAM
Solus Alternative Asset Management
Summit,
New Jersey
|
-$43.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$21.1M |
| 3 |
TC
Towle & Co
Denver,
Colorado
|
-$20.2M |
| 4 |
Millennium Management
New York
|
-$20.1M |
| 5 |
BPM
Bronson Point Management
Fairfield,
Connecticut
|
-$16M |
CJ Hedge Fund Activity: Q4 2018 in Review
172 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in C&J Energy Services, Inc. (CJ) for Q4 2018, worth a combined $955M — down 36% from $1.49B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new CJ positions and 26 closed out — a net gain of 3 holders — while 65 added to existing stakes and 57 trimmed.
The largest buyer was Oaktree Capital Management, opening a new position worth an estimated $23.6M. The largest seller was Solus Alternative Asset Management, cutting an estimated $43.9M.
- 172 institutional investors held C&J Energy Services, Inc. (CJ) as of Q4 2018, up from 169 in Q3 2018.
- Funds reported $955M of C&J Energy Services, Inc. stock for Q4 2018, down 36% quarter-over-quarter.
- 29 funds opened new C&J Energy Services, Inc. positions in Q4 2018 and 26 closed out, a net change of +3 holders.
- The largest C&J Energy Services, Inc. buyer in Q4 2018 was Oaktree Capital Management, an estimated $23.6M added.
- The largest C&J Energy Services, Inc. seller in Q4 2018 was Solus Alternative Asset Management, an estimated $43.9M sold.
Based on aggregated 13F filings for Q4 2018.