California Resources Corporation
CRC
CRC was delisted on the 15th of July, 2020.
266 hedge funds and large institutions have $646M invested in California Resources Corporation in 2016 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 44 increasing their positions, 89 reducing their positions, and 41 closing their positions.
167% more funds holding in top 10
Funds holding in top 10: 3 → 8 (+5)
104% more call options, than puts
Call options by funds: $50M | Put options by funds: $24.5M
50% more capital invested
Capital invested by funds: $431M → $646M (+$214M)
29% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 41
3% more funds holding
Funds holding: 258 → 266 (+8)
51% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 89
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cyrus Capital Partners
New York
|
+$22.3M |
| 2 |
TPCM
Tide Point Capital Management
Old Greenwich,
Connecticut
|
+$19.8M |
| 3 |
SFM
Soros Fund Management
New York
|
+$11.1M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$7.95M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$30M |
| 2 |
ECA
Encompass Capital Advisors
New York
|
-$26.6M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$14.6M |
| 4 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$11.2M |
| 5 |
MCM
Masters Capital Management
Atlanta,
Georgia
|
-$7.33M |
CRC Hedge Fund Activity: Q4 2016 in Review
266 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in California Resources Corporation (CRC) for Q4 2016, worth a combined $646M — up 50% from $431M a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new CRC positions and 41 closed out — a net gain of 12 holders — while 44 added to existing stakes and 89 trimmed.
The largest buyer was Cyrus Capital Partners, opening a new position worth an estimated $22.3M. The largest seller was State Street, cutting an estimated $30M.
- 266 institutional investors held California Resources Corporation (CRC) as of Q4 2016, up from 258 in Q3 2016.
- Funds reported $646M of California Resources Corporation stock for Q4 2016, up 50% quarter-over-quarter.
- 53 funds opened new California Resources Corporation positions in Q4 2016 and 41 closed out, a net change of +12 holders.
- The largest California Resources Corporation buyer in Q4 2016 was Cyrus Capital Partners, an estimated $22.3M added.
- The largest California Resources Corporation seller in Q4 2016 was State Street, an estimated $30M sold.
Based on aggregated 13F filings for Q4 2016.