Calpine Corporation
CPN
CPN was delisted on the 8th of March, 2018.
288 hedge funds and large institutions have $3.9B invested in Calpine Corporation in 2017 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 103 increasing their positions, 95 reducing their positions, and 40 closing their positions.
503% more call options, than puts
Call options by funds: $88.5M | Put options by funds: $14.7M
8% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 95
0% less capital invested
Capital invested by funds: $3.92B → $3.9B (-$16.4M)
3% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 40
3% less funds holding
Funds holding: 296 → 288 (-8)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$227M |
| 2 |
ECPI
Energy Capital Partners III
Summit,
New Jersey
|
+$149M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$48.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$48.1M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$19.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
-$85.6M |
| 2 |
GAM
Goldentree Asset Management
New York
|
-$50.8M |
| 3 |
State Street
Boston,
Massachusetts
|
-$41.8M |
| 4 |
SSM
Sound Shore Management
Greenwich,
Connecticut
|
-$29.7M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$22.2M |
CPN Hedge Fund Activity: Q1 2017 in Review
288 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Calpine Corporation (CPN) for Q1 2017, worth a combined $3.9B — down 0.42% from $3.92B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of CPN and 39 opened new positions — a net loss of 1 holder — while 95 trimmed existing stakes and 103 added.
The largest buyer was BlackRock, adding an estimated $227M. The largest seller was Carlson Capital, exiting entirely with an estimated $85.6M sold.
- 288 institutional investors held Calpine Corporation (CPN) as of Q1 2017, down from 296 in Q4 2016.
- Funds reported $3.9B of Calpine Corporation stock for Q1 2017, down 0.42% quarter-over-quarter.
- 39 funds opened new Calpine Corporation positions in Q1 2017 and 40 closed out, a net change of -1 holder.
- The largest Calpine Corporation buyer in Q1 2017 was BlackRock, an estimated $227M added.
- The largest Calpine Corporation seller in Q1 2017 was Carlson Capital, an estimated $85.6M sold.
Based on aggregated 13F filings for Q1 2017.