Clean Harbors
245 hedge funds and large institutions have $3.04B invested in Clean Harbors in 2015 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 102 increasing their positions, 87 reducing their positions, and 31 closing their positions.
100% more call options, than puts
Call options by funds: $6.86M | Put options by funds: $3.43M
17% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 87
2.39% less ownership
Funds ownership: 98.93% → 96.54% (-2.4%)
4% less funds holding
Funds holding: 255 → 245 (-10)
8% less capital invested
Capital invested by funds: $3.31B → $3.04B (-$266M)
26% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 31
29% less funds holding in top 10
Funds holding in top 10: 17 → 12 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$53.7M |
| 2 |
SIM
Stelliam Investment Management
New York
|
+$45.4M |
| 3 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
+$14.6M |
| 4 |
CCMH
Cornerstone Capital Management Holdings
New York
|
+$10.4M |
| 5 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$8.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RI
Relational Investors
San Diego,
California
|
-$83.8M |
| 2 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
-$46.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$33.4M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$31.9M |
| 5 |
SV
Starboard Value
New York
|
-$25.6M |
CLH Hedge Fund Activity: Q2 2015 in Review
245 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Clean Harbors (CLH) for Q2 2015, worth a combined $3.04B — down 8.1% from $3.31B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of CLH and 23 opened new positions — a net loss of 8 holders — while 87 trimmed existing stakes and 102 added.
The largest buyer was PAR Capital Management, opening a new position worth an estimated $53.7M. The largest seller was Relational Investors, exiting entirely with an estimated $83.8M sold.
- 245 institutional investors held Clean Harbors (CLH) as of Q2 2015, down from 255 in Q1 2015.
- Funds reported $3.04B of Clean Harbors stock for Q2 2015, down 8.1% quarter-over-quarter.
- 23 funds opened new Clean Harbors positions in Q2 2015 and 31 closed out, a net change of -8 holders.
- The largest Clean Harbors buyer in Q2 2015 was PAR Capital Management, an estimated $53.7M added.
- The largest Clean Harbors seller in Q2 2015 was Relational Investors, an estimated $83.8M sold.
Based on aggregated 13F filings for Q2 2015.