Clearwater Paper
CLW
139 hedge funds and large institutions have $980M invested in Clearwater Paper in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 45 increasing their positions, 56 reducing their positions, and 22 closing their positions.
49% more call options, than puts
Call options by funds: $641K | Put options by funds: $430K
10% more capital invested
Capital invested by funds: $888M → $980M (+$92M)
3.77% more ownership
Funds ownership: 84.51% → 88.27% (+3.8%)
3% less funds holding
Funds holding: 143 → 139 (-4)
18% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 22
20% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 56
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| 1 |
ACM
Archer Capital Management
New York
|
+$19.6M |
| 2 |
GC
GW Capital
Bellevue,
Washington
|
+$11.4M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.79M |
| 4 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
+$4.53M |
| 5 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
+$3.74M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
ProShare Advisors
Bethesda,
Maryland
| – | -$694K | -14,519 | Closed |
|
|
RFC
152
Russell Frank Company
Seattle,
Washington
| – | -$315K | -6,591 | Closed |
|
|
OAM
153
Oxford Asset Management
Oxford,
United Kingdom
| – | -$300K | -6,270 | Closed |
|
|
BFS
154
Bradley Foster & Sargent
Hartford,
Connecticut
| – | -$284K | -5,940 | Closed |
|
155
Capital Fund Management (CFM)
Paris,
France
| – | -$264K | -5,525 | Closed |
|
|
EMG
156
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$225K | -4,700 | Closed |
|
|
SIM
157
Spark Investment Management
New York
| – | -$224K | -4,700 | Closed |
|
158
SG Americas Securities
New York
| – | -$201K | -4,203 | Closed |
|
|
PAM
159
Panagora Asset Management
Boston,
Massachusetts
| – | -$30K | -634 | Closed |
|
|
TRCT
160
Tower Research Capital (TRC)
New York
| – | -$29K | -601 | Closed |
|
CLW Hedge Fund Activity: Q4 2013 in Review
139 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Clearwater Paper (CLW) for Q4 2013, worth a combined $980M — up 10% from $888M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of CLW and 18 opened new positions — a net loss of 4 holders — while 56 trimmed existing stakes and 45 added.
The largest buyer was Archer Capital Management, opening a new position worth an estimated $19.6M. The largest seller was Royce & Associates, exiting entirely with an estimated $28.5M sold.
- 139 institutional investors held Clearwater Paper (CLW) as of Q4 2013, down from 143 in Q3 2013.
- Funds reported $980M of Clearwater Paper stock for Q4 2013, up 10% quarter-over-quarter.
- 18 funds opened new Clearwater Paper positions in Q4 2013 and 22 closed out, a net change of -4 holders.
- The largest Clearwater Paper buyer in Q4 2013 was Archer Capital Management, an estimated $19.6M added.
- The largest Clearwater Paper seller in Q4 2013 was Royce & Associates, an estimated $28.5M sold.
Based on aggregated 13F filings for Q4 2013.