California Resources Corporation
CRC
CRC was delisted on the 15th of July, 2020.
230 hedge funds and large institutions have $366M invested in California Resources Corporation in 2019 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 46 increasing their positions, 51 reducing their positions, and 41 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
10% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 51
3% less funds holding
Funds holding: 236 → 230 (-6)
12% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 41
38% less capital invested
Capital invested by funds: $592M → $366M (-$227M)
60% less call options, than puts
Call options by funds: $38.5M | Put options by funds: $97M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
+$20.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$15.1M |
| 3 |
Millennium Management
New York
|
+$13.3M |
| 4 |
JP Morgan Chase
New York
|
+$4.49M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Spark Investment Management
New York
|
-$6.3M |
| 2 |
D.E. Shaw & Co
New York
|
-$4.39M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$3.41M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$2.79M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.55M |
CRC Hedge Fund Activity: Q3 2019 in Review
230 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in California Resources Corporation (CRC) for Q3 2019, worth a combined $366M — down 38% from $592M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of CRC and 36 opened new positions — a net loss of 5 holders — while 51 trimmed existing stakes and 46 added.
The largest buyer was Encompass Capital Advisors, opening a new position worth an estimated $20.1M. The largest seller was Spark Investment Management, exiting entirely with an estimated $6.3M sold.
- 230 institutional investors held California Resources Corporation (CRC) as of Q3 2019, down from 236 in Q2 2019.
- Funds reported $366M of California Resources Corporation stock for Q3 2019, down 38% quarter-over-quarter.
- 36 funds opened new California Resources Corporation positions in Q3 2019 and 41 closed out, a net change of -5 holders.
- The largest California Resources Corporation buyer in Q3 2019 was Encompass Capital Advisors, an estimated $20.1M added.
- The largest California Resources Corporation seller in Q3 2019 was Spark Investment Management, an estimated $6.3M sold.
Based on aggregated 13F filings for Q3 2019.