California Resources Corporation
CRC
CRC was delisted on the 15th of July, 2020.
280 hedge funds and large institutions have $622M invested in California Resources Corporation in 2018 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 72 increasing their positions, 64 reducing their positions, and 74 closing their positions.
64% more call options, than puts
Call options by funds: $88.6M | Put options by funds: $54M
13% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 64
7% less funds holding
Funds holding: 301 → 280 (-21)
26% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 74
50% less funds holding in top 10
Funds holding in top 10: 12 → 6 (-6)
63% less capital invested
Capital invested by funds: $1.66B → $622M (-$1.04B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$35.7M |
| 2 |
Renaissance Technologies
New York
|
+$30.4M |
| 3 |
MCM
Masters Capital Management
Atlanta,
Georgia
|
+$25.6M |
| 4 |
State Street
Boston,
Massachusetts
|
+$18.5M |
| 5 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$18.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cyrus Capital Partners
New York
|
-$70.5M |
| 2 |
JP Morgan Chase
New York
|
-$24.9M |
| 3 |
UIM
USS Investment Management
London,
United Kingdom
|
-$19.1M |
| 4 |
D.E. Shaw & Co
New York
|
-$18.7M |
| 5 |
SFM
Soros Fund Management
New York
|
-$12.1M |
CRC Hedge Fund Activity: Q4 2018 in Review
280 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in California Resources Corporation (CRC) for Q4 2018, worth a combined $622M — down 63% from $1.66B a quarter earlier.
Sellers outnumbered buyers: 74 funds closed out of CRC and 55 opened new positions — a net loss of 19 holders — while 64 trimmed existing stakes and 72 added.
The largest buyer was Deutsche Bank, adding an estimated $35.7M. The largest seller was Cyrus Capital Partners, exiting entirely with an estimated $70.5M sold.
- 280 institutional investors held California Resources Corporation (CRC) as of Q4 2018, down from 301 in Q3 2018.
- Funds reported $622M of California Resources Corporation stock for Q4 2018, down 63% quarter-over-quarter.
- 55 funds opened new California Resources Corporation positions in Q4 2018 and 74 closed out, a net change of -19 holders.
- The largest California Resources Corporation buyer in Q4 2018 was Deutsche Bank, an estimated $35.7M added.
- The largest California Resources Corporation seller in Q4 2018 was Cyrus Capital Partners, an estimated $70.5M sold.
Based on aggregated 13F filings for Q4 2018.