Calpine Corporation
CPN
CPN was delisted on the 8th of March, 2018.
320 hedge funds and large institutions have $7.96B invested in Calpine Corporation in 2014 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 102 increasing their positions, 128 reducing their positions, and 32 closing their positions.
28% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 32
2% more funds holding
Funds holding: 315 → 320 (+5)
0% less capital invested
Capital invested by funds: $7.97B → $7.96B (-$10.5M)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
20% less repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 128
27% less call options, than puts
Call options by funds: $95.5M | Put options by funds: $130M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$335M |
| 2 |
BC
Brahman Capital
New York
|
+$212M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$74.3M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$36.9M |
| 5 |
Millennium Management
New York
|
+$36.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$558M |
| 2 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$115M |
| 3 |
Neuberger Berman Group
New York
|
-$80.4M |
| 4 |
Barclays
London,
United Kingdom
|
-$63.3M |
| 5 |
Goldman Sachs
New York
|
-$57.2M |
CPN Hedge Fund Activity: Q4 2014 in Review
320 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Calpine Corporation (CPN) for Q4 2014, worth a combined $7.96B — down 0.13% from $7.97B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new CPN positions and 32 closed out — a net gain of 9 holders — while 102 added to existing stakes and 128 trimmed.
The largest buyer was Hotchkis & Wiley Capital Management, opening a new position worth an estimated $335M. The largest seller was T. Rowe Price Associates, cutting an estimated $558M.
- 320 institutional investors held Calpine Corporation (CPN) as of Q4 2014, up from 315 in Q3 2014.
- Funds reported $7.96B of Calpine Corporation stock for Q4 2014, down 0.13% quarter-over-quarter.
- 41 funds opened new Calpine Corporation positions in Q4 2014 and 32 closed out, a net change of +9 holders.
- The largest Calpine Corporation buyer in Q4 2014 was Hotchkis & Wiley Capital Management, an estimated $335M added.
- The largest Calpine Corporation seller in Q4 2014 was T. Rowe Price Associates, an estimated $558M sold.
Based on aggregated 13F filings for Q4 2014.