California Resources
259 hedge funds and large institutions have $3.92B invested in California Resources in 2023 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 79 increasing their positions, 105 reducing their positions, and 41 closing their positions.
27% more call options, than puts
Call options by funds: $73.1M | Put options by funds: $57.6M
1.63% more ownership
Funds ownership: 102.79% → 104.42% (+1.6%)
5% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 41
0% more funds holding
Funds holding: 258 → 259 (+1)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
1% less capital invested
Capital invested by funds: $3.97B → $3.92B (-$55M)
25% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 105
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$43.2M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$32.4M |
| 3 |
Morgan Stanley
New York
|
+$23.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$23.3M |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$19.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$67.9M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$55.3M |
| 3 |
SCA
Southpoint Capital Advisors
New York
|
-$28M |
| 4 |
State Street
Boston,
Massachusetts
|
-$18.6M |
| 5 |
MCM
Masters Capital Management
Atlanta,
Georgia
|
-$15.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
Bessemer Group
Woodbridge,
New Jersey
| – | -$3K | -55 | Closed |
|
CRC Hedge Fund Activity: Q4 2023 in Review
259 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in California Resources (CRC) for Q4 2023, worth a combined $3.92B — down 1.4% from $3.97B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new CRC positions and 41 closed out — a net gain of 2 holders — while 79 added to existing stakes and 105 trimmed.
The largest buyer was Pacer Advisors, adding an estimated $43.2M. The largest seller was Fidelity Investments, cutting an estimated $67.9M.
- 259 institutional investors held California Resources (CRC) as of Q4 2023, up from 258 in Q3 2023.
- Funds reported $3.92B of California Resources stock for Q4 2023, down 1.4% quarter-over-quarter.
- 43 funds opened new California Resources positions in Q4 2023 and 41 closed out, a net change of +2 holders.
- The largest California Resources buyer in Q4 2023 was Pacer Advisors, an estimated $43.2M added.
- The largest California Resources seller in Q4 2023 was Fidelity Investments, an estimated $67.9M sold.
Based on aggregated 13F filings for Q4 2023.