Calpine Corporation
CPN
CPN was delisted on the 8th of March, 2018.
337 hedge funds and large institutions have $6.05B invested in Calpine Corporation in 2015 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 114 increasing their positions, 119 reducing their positions, and 31 closing their positions.
48% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 31
5% more funds holding
Funds holding: 322 → 337 (+15)
4% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 119
21% less capital invested
Capital invested by funds: $7.7B → $6.05B (-$1.65B)
37% less funds holding in top 10
Funds holding in top 10: 19 → 12 (-7)
55% less call options, than puts
Call options by funds: $82.5M | Put options by funds: $184M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$176M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
+$85.7M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$77.8M |
| 4 |
ClearBridge Investments
New York
|
+$61.9M |
| 5 |
Goldman Sachs
New York
|
+$48.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
-$138M |
| 2 |
Millennium Management
New York
|
-$78.4M |
| 3 |
Barclays
London,
United Kingdom
|
-$59.4M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$58.1M |
| 5 |
LPPI
LS Power Partners II
New York
|
-$53.8M |
CPN Hedge Fund Activity: Q2 2015 in Review
337 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Calpine Corporation (CPN) for Q2 2015, worth a combined $6.05B — down 21% from $7.7B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new CPN positions and 31 closed out — a net gain of 15 holders — while 114 added to existing stakes and 119 trimmed.
The largest buyer was Hotchkis & Wiley Capital Management, adding an estimated $176M. The largest seller was abrdn Investment Management, cutting an estimated $138M.
- 337 institutional investors held Calpine Corporation (CPN) as of Q2 2015, up from 322 in Q1 2015.
- Funds reported $6.05B of Calpine Corporation stock for Q2 2015, down 21% quarter-over-quarter.
- 46 funds opened new Calpine Corporation positions in Q2 2015 and 31 closed out, a net change of +15 holders.
- The largest Calpine Corporation buyer in Q2 2015 was Hotchkis & Wiley Capital Management, an estimated $176M added.
- The largest Calpine Corporation seller in Q2 2015 was abrdn Investment Management, an estimated $138M sold.
Based on aggregated 13F filings for Q2 2015.