Calpine Corporation
CPN
CPN was delisted on the 8th of March, 2018.
285 hedge funds and large institutions have $7.6B invested in Calpine Corporation in 2013 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 112 increasing their positions, 85 reducing their positions, and 27 closing their positions.
181% more call options, than puts
Call options by funds: $18.4M | Put options by funds: $6.56M
59% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 27
32% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 85
5% more funds holding
Funds holding: 272 → 285 (+13)
0% more funds holding in top 10
Funds holding in top 10: 17 → 17 (0)
10% less capital invested
Capital invested by funds: $8.45B → $7.6B (-$858M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$71M |
| 2 |
Jennison Associates
New York
|
+$63.8M |
| 3 |
Neuberger Berman Group
New York
|
+$34.1M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$26.2M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
+$25.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
SPO Advisory
San Anselmo,
California
|
-$206M |
| 2 |
PC
Perry Capital
New York
|
-$71.9M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$65.3M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$36.6M |
| 5 |
GCM
Glenview Capital Management
New York
|
-$34.1M |
CPN Hedge Fund Activity: Q3 2013 in Review
285 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Calpine Corporation (CPN) for Q3 2013, worth a combined $7.6B — down 10% from $8.45B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new CPN positions and 27 closed out — a net gain of 16 holders — while 112 added to existing stakes and 85 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $71M. The largest seller was SPO Advisory, cutting an estimated $206M.
- 285 institutional investors held Calpine Corporation (CPN) as of Q3 2013, up from 272 in Q2 2013.
- Funds reported $7.6B of Calpine Corporation stock for Q3 2013, down 10% quarter-over-quarter.
- 43 funds opened new Calpine Corporation positions in Q3 2013 and 27 closed out, a net change of +16 holders.
- The largest Calpine Corporation buyer in Q3 2013 was Schroder Investment Management Group, an estimated $71M added.
- The largest Calpine Corporation seller in Q3 2013 was SPO Advisory, an estimated $206M sold.
Based on aggregated 13F filings for Q3 2013.