California Resources
194 hedge funds and large institutions have $2.94B invested in California Resources in 2022 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 67 increasing their positions, 77 reducing their positions, and 45 closing their positions.
674% more call options, than puts
Call options by funds: $21.8M | Put options by funds: $2.82M
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
1.62% more ownership
Funds ownership: 96.96% → 98.58% (+1.6%)
8% less funds holding
Funds holding: 211 → 194 (-17)
13% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 77
13% less capital invested
Capital invested by funds: $3.38B → $2.94B (-$445M)
29% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 45
Top Buyers
| 1 |
CM
Corvex Management
New York
|
+$116M |
| 2 |
KEM
Kimmeridge Energy Management
New York
|
+$67.4M |
| 3 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$49.1M |
| 4 |
SCA
Southpoint Capital Advisors
New York
|
+$30M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$24.7M |
Top Sellers
| 1 |
AM
Ares Management
Los Angeles,
California
|
-$80.7M |
| 2 |
BlackRock
New York
|
-$35.3M |
| 3 |
SIG
Senator Investment Group
New York
|
-$22.4M |
| 4 |
GAM
Goldentree Asset Management
New York
|
-$20.6M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$18.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CM
226
CastleKnight Management
New York
| – | -$250K | -5,600 | Closed |
|
|
JAM
227
Jupiter Asset Management
London,
United Kingdom
| – | -$242K | -5,410 | Closed |
|
|
CC
228
Corton Capital
Carrying Place,
Ontario, Canada
| – | -$240K | -5,362 | Closed |
|
|
LCS
229
Levin Capital Strategies
New York
| – | -$224K | -5,000 | Closed |
|
|
LP
230
LMR Partners
London,
United Kingdom
| – | -$209K | -4,675 | Closed |
|
|
HIM
231
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$16K | -350 | Closed |
|
|
GWM
232
Geneos Wealth Management
Englewood,
Colorado
| – | -$4K | -100 | Closed |
|
233
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -13 | Closed |
|
234
Rockefeller Capital Management
New York
| – | +$129 | +3 | New |
|
235
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$257 | +6 | New |
|
|
DI
236
Disciplined Investments
Tulsa,
Oklahoma
| – | +$257 | +6 | +200% |
|
|
SFG
237
Steward Financial Group
Colleyville,
Texas
| – | +$858 | +20 | New |
|
CRC Hedge Fund Activity: Q2 2022 in Review
194 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in California Resources (CRC) for Q2 2022, worth a combined $2.94B — down 13% from $3.38B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of CRC and 32 opened new positions — a net loss of 13 holders — while 77 trimmed existing stakes and 67 added.
The largest buyer was Corvex Management, adding an estimated $116M. The largest seller was Ares Management, cutting an estimated $80.7M.
- 194 institutional investors held California Resources (CRC) as of Q2 2022, down from 211 in Q1 2022.
- Funds reported $2.94B of California Resources stock for Q2 2022, down 13% quarter-over-quarter.
- 32 funds opened new California Resources positions in Q2 2022 and 45 closed out, a net change of -13 holders.
- The largest California Resources buyer in Q2 2022 was Corvex Management, an estimated $116M added.
- The largest California Resources seller in Q2 2022 was Ares Management, an estimated $80.7M sold.
Based on aggregated 13F filings for Q2 2022.