California Resources Corporation
CRC
CRC was delisted on the 15th of July, 2020.
260 hedge funds and large institutions have $616M invested in California Resources Corporation in 2017 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 41 increasing their positions, 66 reducing their positions, and 30 closing their positions.
123% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 30
83% more capital invested
Capital invested by funds: $337M → $616M (+$279M)
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
16% more funds holding
Funds holding: 225 → 260 (+35)
14% less call options, than puts
Call options by funds: $35.1M | Put options by funds: $40.7M
38% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Masters Capital Management
Atlanta,
Georgia
|
+$14M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$7.68M |
| 3 |
KSCM
Key Square Capital Management
Stamford,
Connecticut
|
+$7.56M |
| 4 |
Morgan Stanley
New York
|
+$7.32M |
| 5 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
+$3.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Soroban Capital Partners
New York
|
-$9.71M |
| 2 |
State Street
Boston,
Massachusetts
|
-$8.43M |
| 3 |
Janus Henderson Group
London,
|
-$7.48M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$7.07M |
| 5 |
BCM
Brigade Capital Management
New York
|
-$4.09M |
CRC Hedge Fund Activity: Q4 2017 in Review
260 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in California Resources Corporation (CRC) for Q4 2017, worth a combined $616M — up 83% from $337M a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new CRC positions and 30 closed out — a net gain of 37 holders — while 41 added to existing stakes and 66 trimmed.
The largest buyer was Masters Capital Management, opening a new position worth an estimated $14M. The largest seller was Soroban Capital Partners, cutting an estimated $9.71M.
- 260 institutional investors held California Resources Corporation (CRC) as of Q4 2017, up from 225 in Q3 2017.
- Funds reported $616M of California Resources Corporation stock for Q4 2017, up 83% quarter-over-quarter.
- 67 funds opened new California Resources Corporation positions in Q4 2017 and 30 closed out, a net change of +37 holders.
- The largest California Resources Corporation buyer in Q4 2017 was Masters Capital Management, an estimated $14M added.
- The largest California Resources Corporation seller in Q4 2017 was Soroban Capital Partners, an estimated $9.71M sold.
Based on aggregated 13F filings for Q4 2017.