Calpine Corporation
CPN
CPN was delisted on the 8th of March, 2018.
305 hedge funds and large institutions have $4.34B invested in Calpine Corporation in 2016 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 115 increasing their positions, 94 reducing their positions, and 33 closing their positions.
132% more call options, than puts
Call options by funds: $80.1M | Put options by funds: $34.5M
33% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 33
22% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 94
2% more funds holding
Funds holding: 298 → 305 (+7)
12% less capital invested
Capital invested by funds: $4.95B → $4.34B (-$611M)
33% less funds holding in top 10
Funds holding in top 10: 15 → 10 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
+$258M |
| 2 |
GC
Greenlight Capital
New York
|
+$75.2M |
| 3 |
State Street
Boston,
Massachusetts
|
+$61.4M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
+$29M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$27.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
PointState Capital
New York
|
-$90.8M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$66M |
| 3 |
GE
General Electric
Evendale,
Ohio
|
-$53.3M |
| 4 |
Jennison Associates
New York
|
-$47.6M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$43.4M |
CPN Hedge Fund Activity: Q3 2016 in Review
305 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Calpine Corporation (CPN) for Q3 2016, worth a combined $4.34B — down 12% from $4.95B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new CPN positions and 33 closed out — a net gain of 11 holders — while 115 added to existing stakes and 94 trimmed.
The largest buyer was SailingStone Capital Partners, opening a new position worth an estimated $258M. The largest seller was PointState Capital, exiting entirely with an estimated $90.8M sold.
- 305 institutional investors held Calpine Corporation (CPN) as of Q3 2016, up from 298 in Q2 2016.
- Funds reported $4.34B of Calpine Corporation stock for Q3 2016, down 12% quarter-over-quarter.
- 44 funds opened new Calpine Corporation positions in Q3 2016 and 33 closed out, a net change of +11 holders.
- The largest Calpine Corporation buyer in Q3 2016 was SailingStone Capital Partners, an estimated $258M added.
- The largest Calpine Corporation seller in Q3 2016 was PointState Capital, an estimated $90.8M sold.
Based on aggregated 13F filings for Q3 2016.