California Resources
206 hedge funds and large institutions have $3.04B invested in California Resources in 2022 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 66 increasing their positions, 75 reducing their positions, and 25 closing their positions.
553% more call options, than puts
Call options by funds: $20.6M | Put options by funds: $3.15M
60% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 25
25% more funds holding in top 10
Funds holding in top 10: 12 → 15 (+3)
7% more capital invested
Capital invested by funds: $2.84B → $3.04B (+$198M)
7% more funds holding
Funds holding: 193 → 206 (+13)
1.05% less ownership
Funds ownership: 98.04% → 96.99% (-1%)
12% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$14.5M |
| 2 |
BCM
Bornite Capital Management
New York
|
+$13.1M |
| 3 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
+$10.7M |
| 4 |
LCS
Levin Capital Strategies
New York
|
+$10.5M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$9.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Goldentree Asset Management
New York
|
-$66.6M |
| 2 |
BlackRock
New York
|
-$47.8M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
-$19.7M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$19.4M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWM
226
Accel Wealth Management
Waverly,
Iowa
| – | -$9K | -225 | Closed |
|
|
HR
227
Howe & Rusling
Rochester,
New York
| – | -$4K | -102 | Closed |
|
|
BTI
228
Blue Trust Inc
Alpharetta,
Georgia
| – | -$3.2K | -73 | -88% |
|
229
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | -20 | Closed |
|
|
SFG
230
Steward Financial Group
Colleyville,
Texas
| – | +$701 | +16 | New |
|
CRC Hedge Fund Activity: Q4 2022 in Review
206 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in California Resources (CRC) for Q4 2022, worth a combined $3.04B — up 7% from $2.84B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new CRC positions and 25 closed out — a net gain of 15 holders — while 66 added to existing stakes and 75 trimmed.
The largest buyer was American Century Companies, adding an estimated $14.5M. The largest seller was Goldentree Asset Management, cutting an estimated $66.6M.
- 206 institutional investors held California Resources (CRC) as of Q4 2022, up from 193 in Q3 2022.
- Funds reported $3.04B of California Resources stock for Q4 2022, up 7% quarter-over-quarter.
- 40 funds opened new California Resources positions in Q4 2022 and 25 closed out, a net change of +15 holders.
- The largest California Resources buyer in Q4 2022 was American Century Companies, an estimated $14.5M added.
- The largest California Resources seller in Q4 2022 was Goldentree Asset Management, an estimated $66.6M sold.
Based on aggregated 13F filings for Q4 2022.