Calpine Corporation
CPN
CPN was delisted on the 8th of March, 2018.
321 hedge funds and large institutions have $4.83B invested in Calpine Corporation in 2015 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 100 increasing their positions, 120 reducing their positions, and 48 closing their positions.
17% more funds holding in top 10
Funds holding in top 10: 18 → 21 (+3)
4% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 48
4% more call options, than puts
Call options by funds: $107M | Put options by funds: $103M
1% more funds holding
Funds holding: 319 → 321 (+2)
1% less capital invested
Capital invested by funds: $4.87B → $4.83B (-$38.6M)
17% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 120
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$71.4M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$67.1M |
| 3 |
GAM
Goldentree Asset Management
New York
|
+$34.6M |
| 4 |
Bank of New York Mellon
New York
|
+$33.4M |
| 5 |
AA
Ancient Art
Austin,
Texas
|
+$31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brahman Capital
New York
|
-$69.1M |
| 2 |
RIM
RS Investment Management
San Francisco,
California
|
-$35.6M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$28.9M |
| 4 |
Morgan Stanley
New York
|
-$28.2M |
| 5 |
Neuberger Berman Group
New York
|
-$27.8M |
CPN Hedge Fund Activity: Q4 2015 in Review
321 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Calpine Corporation (CPN) for Q4 2015, worth a combined $4.83B — down 0.79% from $4.87B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new CPN positions and 48 closed out — a net gain of 2 holders — while 100 added to existing stakes and 120 trimmed.
The largest buyer was Viking Global Investors, opening a new position worth an estimated $71.4M. The largest seller was Brahman Capital, exiting entirely with an estimated $69.1M sold.
- 321 institutional investors held Calpine Corporation (CPN) as of Q4 2015, up from 319 in Q3 2015.
- Funds reported $4.83B of Calpine Corporation stock for Q4 2015, down 0.79% quarter-over-quarter.
- 50 funds opened new Calpine Corporation positions in Q4 2015 and 48 closed out, a net change of +2 holders.
- The largest Calpine Corporation buyer in Q4 2015 was Viking Global Investors, an estimated $71.4M added.
- The largest Calpine Corporation seller in Q4 2015 was Brahman Capital, an estimated $69.1M sold.
Based on aggregated 13F filings for Q4 2015.