California Resources
75 hedge funds and large institutions have $1.87B invested in California Resources in 2021 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 7 closing their positions.
754% more call options, than puts
Call options by funds: $6.14M | Put options by funds: $719K
314% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 7
42% more funds holding
Funds holding: 53 → 75 (+22)
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
2.45% more ownership
Funds ownership: 91.45% → 93.9% (+2.5%)
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
5% more capital invested
Capital invested by funds: $1.79B → $1.87B (+$85.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$43.7M |
| 2 |
BlackRock
New York
|
+$34.5M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
+$29M |
| 4 |
GDS
Gimbel Daniel Scott
|
+$17.3M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$104M |
| 2 |
GAM
Goldentree Asset Management
New York
|
-$5.29M |
| 3 |
CCP
Cyrus Capital Partners
New York
|
-$5.02M |
| 4 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$3.6M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
-$3.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
76
Whitebox Advisors
Minneapolis,
Minnesota
| – | -$1.78M | -75,595 | Closed |
|
|
BCC
77
Bain Capital Credit
Boston,
Massachusetts
| – | -$417K | -17,668 | Closed |
|
78
Man Group
London,
United Kingdom
| – | -$259K | -10,984 | Closed |
|
|
TRCT
79
Tower Research Capital (TRC)
New York
| – | -$1K | -56 | Closed |
|
80
Credit Agricole
Montrouge Cedex,
France
| – | +$50 | +2 | New |
|
|
AWM
81
Avior Wealth Management
Omaha,
Nebraska
| – | +$546 | +22 | New |
|
CRC Hedge Fund Activity: Q1 2021 in Review
75 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in California Resources (CRC) for Q1 2021, worth a combined $1.87B — up 4.8% from $1.79B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new CRC positions and 7 closed out — a net gain of 22 holders — while 16 added to existing stakes and 15 trimmed.
The largest buyer was Millennium Management, adding an estimated $43.7M. The largest seller was Fidelity Investments, cutting an estimated $104M.
- 75 institutional investors held California Resources (CRC) as of Q1 2021, up from 53 in Q4 2020.
- Funds reported $1.87B of California Resources stock for Q1 2021, up 4.8% quarter-over-quarter.
- 29 funds opened new California Resources positions in Q1 2021 and 7 closed out, a net change of +22 holders.
- The largest California Resources buyer in Q1 2021 was Millennium Management, an estimated $43.7M added.
- The largest California Resources seller in Q1 2021 was Fidelity Investments, an estimated $104M sold.
Based on aggregated 13F filings for Q1 2021.