Clearwater Paper
CLW
150 hedge funds and large institutions have $1.18B invested in Clearwater Paper in 2014 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 45 increasing their positions, 54 reducing their positions, and 19 closing their positions.
68% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 19
49% more call options, than puts
Call options by funds: $1.3M | Put options by funds: $878K
21% more capital invested
Capital invested by funds: $975M → $1.18B (+$207M)
7% more funds holding
Funds holding: 140 → 150 (+10)
2.3% more ownership
Funds ownership: 88.22% → 90.52% (+2.3%)
17% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 54
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$17.6M |
| 2 |
RCM
Roystone Capital Management
New York
|
+$10.7M |
| 3 |
CM
Castleark Management
Chicago,
Illinois
|
+$5.61M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$4.36M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$3.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$11.3M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$7.38M |
| 3 |
KCP
Kortright Capital Partners
New York
|
-$5.99M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.27M |
| 5 |
SLCM
Seven Locks Capital Management
New York
|
-$4.91M |
CLW Hedge Fund Activity: Q1 2014 in Review
150 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Clearwater Paper (CLW) for Q1 2014, worth a combined $1.18B — up 21% from $975M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new CLW positions and 19 closed out — a net gain of 13 holders — while 45 added to existing stakes and 54 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $17.6M. The largest seller was Park West Asset Management, cutting an estimated $11.3M.
- 150 institutional investors held Clearwater Paper (CLW) as of Q1 2014, up from 140 in Q4 2013.
- Funds reported $1.18B of Clearwater Paper stock for Q1 2014, up 21% quarter-over-quarter.
- 32 funds opened new Clearwater Paper positions in Q1 2014 and 19 closed out, a net change of +13 holders.
- The largest Clearwater Paper buyer in Q1 2014 was T. Rowe Price Associates, an estimated $17.6M added.
- The largest Clearwater Paper seller in Q1 2014 was Park West Asset Management, an estimated $11.3M sold.
Based on aggregated 13F filings for Q1 2014.