California Resources
258 hedge funds and large institutions have $3.97B invested in California Resources in 2023 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 73 increasing their positions, 92 reducing their positions, and 30 closing their positions.
153% more call options, than puts
Call options by funds: $80.3M | Put options by funds: $31.7M
113% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 30
22% more capital invested
Capital invested by funds: $3.27B → $3.97B (+$703M)
15% more funds holding
Funds holding: 225 → 258 (+33)
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
0.27% more ownership
Funds ownership: 102.51% → 102.79% (+0.27%)
21% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 92
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$79.1M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$15M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$14.2M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$8.84M |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
+$8.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Southpoint Capital Advisors
New York
|
-$53.2M |
| 2 |
BlackRock
New York
|
-$45.3M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
-$25.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$23.9M |
| 5 |
CGIC
Continental General Insurance Company
Austin,
Texas
|
-$23.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MC
276
Maverick Capital
Dallas,
Texas
| – | -$321K | -7,094 | Closed |
|
|
GC
277
Guggenheim Capital
Chicago,
Illinois
| – | -$268K | -5,909 | Closed |
|
278
Acadian Asset Management
Boston,
Massachusetts
| – | -$252K | -5,581 | Closed |
|
|
CMF
279
Counterpoint Mutual Funds
San Diego,
California
| – | -$218K | -4,815 | Closed |
|
|
VIA
280
Vident Investment Advisory
Alpharetta,
Georgia
| – | -$205K | -4,534 | Closed |
|
|
N
281
Natixis
Paris,
France
| – | -$159K | -3,520 | Closed |
|
|
GCM
282
Gladius Capital Management
Chicago,
Illinois
| – | -$35K | -773 | Closed |
|
|
CM
283
CoreCommodity Management
Stamford,
Connecticut
| – | -$28.3K | -624 | Closed |
|
|
CA
284
Clearstead Advisors
Cleveland,
Ohio
| – | -$24.1K | -533 | Closed |
|
|
BAAM
285
Baker Avenue Asset Management
San Francisco,
California
| – | -$19.6K | -433 | Closed |
|
|
FDCDDQ
286
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$7.93K | -175 | Closed |
|
|
DI
287
Disciplined Investments
Tulsa,
Oklahoma
| – | -$543 | -12 | Closed |
|
CRC Hedge Fund Activity: Q3 2023 in Review
258 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in California Resources (CRC) for Q3 2023, worth a combined $3.97B — up 22% from $3.27B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new CRC positions and 30 closed out — a net gain of 34 holders — while 73 added to existing stakes and 92 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $79.1M. The largest seller was Southpoint Capital Advisors, cutting an estimated $53.2M.
- 258 institutional investors held California Resources (CRC) as of Q3 2023, up from 225 in Q2 2023.
- Funds reported $3.97B of California Resources stock for Q3 2023, up 22% quarter-over-quarter.
- 64 funds opened new California Resources positions in Q3 2023 and 30 closed out, a net change of +34 holders.
- The largest California Resources buyer in Q3 2023 was LSV Asset Management, an estimated $79.1M added.
- The largest California Resources seller in Q3 2023 was Southpoint Capital Advisors, an estimated $53.2M sold.
Based on aggregated 13F filings for Q3 2023.