California Resources Corporation
CRC
CRC was delisted on the 15th of July, 2020.
236 hedge funds and large institutions have $592M invested in California Resources Corporation in 2019 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 63 increasing their positions, 48 reducing their positions, and 62 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 48
13% less funds holding
Funds holding: 271 → 236 (-35)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
22% less call options, than puts
Call options by funds: $70M | Put options by funds: $89.5M
26% less capital invested
Capital invested by funds: $797M → $592M (-$205M)
52% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 62
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cyrus Capital Partners
New York
|
+$43.4M |
| 2 |
MCM
Masters Capital Management
Atlanta,
Georgia
|
+$11.6M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$8.84M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$6.04M |
| 5 |
State Street
Boston,
Massachusetts
|
+$5.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
-$18.1M |
| 2 |
D.E. Shaw & Co
New York
|
-$16.5M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$11.6M |
| 4 |
SIM
Spark Investment Management
New York
|
-$11.1M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.65M |
CRC Hedge Fund Activity: Q2 2019 in Review
236 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in California Resources Corporation (CRC) for Q2 2019, worth a combined $592M — down 26% from $797M a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of CRC and 30 opened new positions — a net loss of 32 holders — while 48 trimmed existing stakes and 63 added.
The largest buyer was Cyrus Capital Partners, opening a new position worth an estimated $43.4M. The largest seller was Senvest Management, exiting entirely with an estimated $18.1M sold.
- 236 institutional investors held California Resources Corporation (CRC) as of Q2 2019, down from 271 in Q1 2019.
- Funds reported $592M of California Resources Corporation stock for Q2 2019, down 26% quarter-over-quarter.
- 30 funds opened new California Resources Corporation positions in Q2 2019 and 62 closed out, a net change of -32 holders.
- The largest California Resources Corporation buyer in Q2 2019 was Cyrus Capital Partners, an estimated $43.4M added.
- The largest California Resources Corporation seller in Q2 2019 was Senvest Management, an estimated $18.1M sold.
Based on aggregated 13F filings for Q2 2019.