California Resources Corporation
CRC
CRC was delisted on the 15th of July, 2020.
271 hedge funds and large institutions have $797M invested in California Resources Corporation in 2019 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 56 increasing their positions, 75 reducing their positions, and 43 closing their positions.
28% more capital invested
Capital invested by funds: $622M → $797M (+$175M)
8% more call options, than puts
Call options by funds: $70M | Put options by funds: $65M
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
3% less funds holding
Funds holding: 280 → 271 (-9)
16% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 43
25% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
+$13.8M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.32M |
| 3 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$5.4M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.93M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$26.3M |
| 2 |
Renaissance Technologies
New York
|
-$18.2M |
| 3 |
Morgan Stanley
New York
|
-$18.1M |
| 4 |
MCM
Masters Capital Management
Atlanta,
Georgia
|
-$17.3M |
| 5 |
ERM
Elm Ridge Management
Briarcliff Manor,
New York
|
-$11.4M |
CRC Hedge Fund Activity: Q1 2019 in Review
271 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in California Resources Corporation (CRC) for Q1 2019, worth a combined $797M — up 28% from $622M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of CRC and 36 opened new positions — a net loss of 7 holders — while 75 trimmed existing stakes and 56 added.
The largest buyer was Senvest Management, adding an estimated $13.8M. The largest seller was Deutsche Bank, cutting an estimated $26.3M.
- 271 institutional investors held California Resources Corporation (CRC) as of Q1 2019, down from 280 in Q4 2018.
- Funds reported $797M of California Resources Corporation stock for Q1 2019, up 28% quarter-over-quarter.
- 36 funds opened new California Resources Corporation positions in Q1 2019 and 43 closed out, a net change of -7 holders.
- The largest California Resources Corporation buyer in Q1 2019 was Senvest Management, an estimated $13.8M added.
- The largest California Resources Corporation seller in Q1 2019 was Deutsche Bank, an estimated $26.3M sold.
Based on aggregated 13F filings for Q1 2019.