Clearwater Paper
CLW
150 hedge funds and large institutions have $739M invested in Clearwater Paper in 2015 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 65 increasing their positions, 45 reducing their positions, and 27 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 45
4.57% less ownership
Funds ownership: 86.64% → 82.07% (-4.6%)
9% less funds holding
Funds holding: 164 → 150 (-14)
22% less capital invested
Capital invested by funds: $947M → $739M (-$207M)
48% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 27
63% less call options, than puts
Call options by funds: $397K | Put options by funds: $1.09M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$11.5M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$10.8M |
| 3 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
+$10.3M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$6.51M |
| 5 |
Renaissance Technologies
New York
|
+$4.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$18.9M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$14.2M |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$11M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$10.6M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$10.3M |
CLW Hedge Fund Activity: Q3 2015 in Review
150 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Clearwater Paper (CLW) for Q3 2015, worth a combined $739M — down 22% from $947M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of CLW and 14 opened new positions — a net loss of 13 holders — while 45 trimmed existing stakes and 65 added.
The largest buyer was Macquarie Group, adding an estimated $11.5M. The largest seller was Millennium Management, exiting entirely with an estimated $18.9M sold.
- 150 institutional investors held Clearwater Paper (CLW) as of Q3 2015, down from 164 in Q2 2015.
- Funds reported $739M of Clearwater Paper stock for Q3 2015, down 22% quarter-over-quarter.
- 14 funds opened new Clearwater Paper positions in Q3 2015 and 27 closed out, a net change of -13 holders.
- The largest Clearwater Paper buyer in Q3 2015 was Macquarie Group, an estimated $11.5M added.
- The largest Clearwater Paper seller in Q3 2015 was Millennium Management, an estimated $18.9M sold.
Based on aggregated 13F filings for Q3 2015.