Calpine Corporation
CPN
CPN was delisted on the 8th of March, 2018.
273 hedge funds and large institutions have $4.91B invested in Calpine Corporation in 2017 Q3 according to their latest regulatory filings, with 88 funds opening new positions, 63 increasing their positions, 88 reducing their positions, and 61 closing their positions.
214% more call options, than puts
Call options by funds: $95.8M | Put options by funds: $30.5M
50% more funds holding in top 10
Funds holding in top 10: 10 → 15 (+5)
44% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 61
8% more funds holding
Funds holding: 252 → 273 (+21)
4% more capital invested
Capital invested by funds: $4.75B → $4.91B (+$168M)
28% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 88
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$118M |
| 2 |
JP Morgan Chase
New York
|
+$117M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$115M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$112M |
| 5 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$96.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$579M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$399M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$212M |
| 4 |
GC
Greenlight Capital
New York
|
-$148M |
| 5 |
Bank of New York Mellon
New York
|
-$108M |
CPN Hedge Fund Activity: Q3 2017 in Review
273 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Calpine Corporation (CPN) for Q3 2017, worth a combined $4.91B — up 3.5% from $4.75B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new CPN positions and 61 closed out — a net gain of 27 holders — while 63 added to existing stakes and 88 trimmed.
The largest buyer was Pentwater Capital Management, opening a new position worth an estimated $118M. The largest seller was SailingStone Capital Partners, exiting entirely with an estimated $579M sold.
- 273 institutional investors held Calpine Corporation (CPN) as of Q3 2017, up from 252 in Q2 2017.
- Funds reported $4.91B of Calpine Corporation stock for Q3 2017, up 3.5% quarter-over-quarter.
- 88 funds opened new Calpine Corporation positions in Q3 2017 and 61 closed out, a net change of +27 holders.
- The largest Calpine Corporation buyer in Q3 2017 was Pentwater Capital Management, an estimated $118M added.
- The largest Calpine Corporation seller in Q3 2017 was SailingStone Capital Partners, an estimated $579M sold.
Based on aggregated 13F filings for Q3 2017.