Calpine Corporation
CPN
CPN was delisted on the 8th of March, 2018.
252 hedge funds and large institutions have $4.75B invested in Calpine Corporation in 2017 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 72 increasing their positions, 108 reducing their positions, and 71 closing their positions.
313% more call options, than puts
Call options by funds: $138M | Put options by funds: $33.4M
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
22% more capital invested
Capital invested by funds: $3.9B → $4.75B (+$843M)
13% less funds holding
Funds holding: 288 → 252 (-36)
33% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 108
46% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$94.4M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
+$75.8M |
| 3 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
+$49.6M |
| 4 |
NCMU
NAYA Capital Management (UK)
London,
United Kingdom
|
+$37M |
| 5 |
Janus Henderson Group
London,
|
+$35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSM
Sound Shore Management
Greenwich,
Connecticut
|
-$61.1M |
| 2 |
BlackRock
New York
|
-$53M |
| 3 |
Bank of New York Mellon
New York
|
-$39.5M |
| 4 |
State Street
Boston,
Massachusetts
|
-$23.9M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$20.4M |
CPN Hedge Fund Activity: Q2 2017 in Review
252 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Calpine Corporation (CPN) for Q2 2017, worth a combined $4.75B — up 22% from $3.9B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of CPN and 38 opened new positions — a net loss of 33 holders — while 108 trimmed existing stakes and 72 added.
The largest buyer was Fidelity Investments, adding an estimated $94.4M. The largest seller was Sound Shore Management, cutting an estimated $61.1M.
- 252 institutional investors held Calpine Corporation (CPN) as of Q2 2017, down from 288 in Q1 2017.
- Funds reported $4.75B of Calpine Corporation stock for Q2 2017, up 22% quarter-over-quarter.
- 38 funds opened new Calpine Corporation positions in Q2 2017 and 71 closed out, a net change of -33 holders.
- The largest Calpine Corporation buyer in Q2 2017 was Fidelity Investments, an estimated $94.4M added.
- The largest Calpine Corporation seller in Q2 2017 was Sound Shore Management, an estimated $61.1M sold.
Based on aggregated 13F filings for Q2 2017.