Clearwater Paper
CLW
120 hedge funds and large institutions have $354M invested in Clearwater Paper in 2018 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 46 increasing their positions, 35 reducing their positions, and 21 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 35
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.11% less ownership
Funds ownership: 88.29% → 88.18% (-0.11%)
7% less funds holding
Funds holding: 129 → 120 (-9)
18% less capital invested
Capital invested by funds: $431M → $354M (-$76.9M)
43% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 21
86% less call options, than puts
Call options by funds: $675K | Put options by funds: $4.81M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSCM
First Sabrepoint Capital Management
Dallas,
Texas
|
+$5.19M |
| 2 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$2.67M |
| 3 |
Goldman Sachs
New York
|
+$2.64M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$1.89M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$4.69M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$4.57M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$3.29M |
| 4 |
Two Sigma Investments
New York
|
-$1.82M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$1.59M |
CLW Hedge Fund Activity: Q4 2018 in Review
120 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Clearwater Paper (CLW) for Q4 2018, worth a combined $354M — down 18% from $431M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of CLW and 12 opened new positions — a net loss of 9 holders — while 35 trimmed existing stakes and 46 added.
The largest buyer was First Sabrepoint Capital Management, adding an estimated $5.19M. The largest seller was Pictet Asset Management (UK), cutting an estimated $4.69M.
- 120 institutional investors held Clearwater Paper (CLW) as of Q4 2018, down from 129 in Q3 2018.
- Funds reported $354M of Clearwater Paper stock for Q4 2018, down 18% quarter-over-quarter.
- 12 funds opened new Clearwater Paper positions in Q4 2018 and 21 closed out, a net change of -9 holders.
- The largest Clearwater Paper buyer in Q4 2018 was First Sabrepoint Capital Management, an estimated $5.19M added.
- The largest Clearwater Paper seller in Q4 2018 was Pictet Asset Management (UK), an estimated $4.69M sold.
Based on aggregated 13F filings for Q4 2018.