California Resources Corporation
CRC
CRC was delisted on the 15th of July, 2020.
232 hedge funds and large institutions have $298M invested in California Resources Corporation in 2019 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 48 increasing their positions, 57 reducing their positions, and 39 closing their positions.
10% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 39
1% more funds holding
Funds holding: 230 → 232 (+2)
16% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 57
18% less capital invested
Capital invested by funds: $366M → $298M (-$67.5M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
68% less call options, than puts
Call options by funds: $48.1M | Put options by funds: $150M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$9.75M |
| 2 |
Two Sigma Investments
New York
|
+$2.62M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.21M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.14M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
-$16M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$10.8M |
| 3 |
CCP
Cyrus Capital Partners
New York
|
-$6.72M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.46M |
| 5 |
Goldman Sachs
New York
|
-$3.62M |
CRC Hedge Fund Activity: Q4 2019 in Review
232 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in California Resources Corporation (CRC) for Q4 2019, worth a combined $298M — down 18% from $366M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new CRC positions and 39 closed out — a net gain of 4 holders — while 48 added to existing stakes and 57 trimmed.
The largest buyer was State Street, adding an estimated $9.75M. The largest seller was Encompass Capital Advisors, exiting entirely with an estimated $16M sold.
- 232 institutional investors held California Resources Corporation (CRC) as of Q4 2019, up from 230 in Q3 2019.
- Funds reported $298M of California Resources Corporation stock for Q4 2019, down 18% quarter-over-quarter.
- 43 funds opened new California Resources Corporation positions in Q4 2019 and 39 closed out, a net change of +4 holders.
- The largest California Resources Corporation buyer in Q4 2019 was State Street, an estimated $9.75M added.
- The largest California Resources Corporation seller in Q4 2019 was Encompass Capital Advisors, an estimated $16M sold.
Based on aggregated 13F filings for Q4 2019.