California Resources Corporation
CRC
CRC was delisted on the 15th of July, 2020.
254 hedge funds and large institutions have $460M invested in California Resources Corporation in 2017 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 60 increasing their positions, 75 reducing their positions, and 40 closing their positions.
5% less funds holding
Funds holding: 266 → 254 (-12)
10% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 40
20% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 75
29% less capital invested
Capital invested by funds: $646M → $460M (-$186M)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
58% less call options, than puts
Call options by funds: $26M | Put options by funds: $62.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$44.5M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$15M |
| 3 |
BCM
Brigade Capital Management
New York
|
+$12.5M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$7.18M |
| 5 |
Goldman Sachs
New York
|
+$6.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TPCM
Tide Point Capital Management
Old Greenwich,
Connecticut
|
-$28.8M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$10.9M |
| 3 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$10.6M |
| 4 |
CC
Coastland Capital
Palo Alto,
California
|
-$4.59M |
| 5 |
ECA
Encompass Capital Advisors
New York
|
-$3.94M |
CRC Hedge Fund Activity: Q1 2017 in Review
254 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in California Resources Corporation (CRC) for Q1 2017, worth a combined $460M — down 29% from $646M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of CRC and 36 opened new positions — a net loss of 4 holders — while 75 trimmed existing stakes and 60 added.
The largest buyer was BlackRock, adding an estimated $44.5M. The largest seller was Tide Point Capital Management, exiting entirely with an estimated $28.8M sold.
- 254 institutional investors held California Resources Corporation (CRC) as of Q1 2017, down from 266 in Q4 2016.
- Funds reported $460M of California Resources Corporation stock for Q1 2017, down 29% quarter-over-quarter.
- 36 funds opened new California Resources Corporation positions in Q1 2017 and 40 closed out, a net change of -4 holders.
- The largest California Resources Corporation buyer in Q1 2017 was BlackRock, an estimated $44.5M added.
- The largest California Resources Corporation seller in Q1 2017 was Tide Point Capital Management, an estimated $28.8M sold.
Based on aggregated 13F filings for Q1 2017.