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California Resources

146 hedge funds and large institutions have $3.25B invested in California Resources in 2021 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 43 increasing their positions, 34 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,082% more call options, than puts

Call options by funds: $32.9M | Put options by funds: $2.79M

750% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 6

43% more funds holding

Funds holding: 102146 (+44)

32% more capital invested

Capital invested by funds: $2.47B → $3.25B (+$782M)

26% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 34

0% more funds holding in top 10

Funds holding in top 10: 1111 (0)

1.81% less ownership

Funds ownership: 98.5%96.7% (-1.8%)

Holders
146
Holders Change
+44
Holders Change %
+43.14%
% of All Funds
2.56%
Holding in Top 10
11
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.19%
New
51
Increased
43
Reduced
34
Closed
6
Calls
$32.9M
Puts
$2.79M
Net Calls
+$30.1M
Net Calls Change
+$22.5M
Name Holding Trade Value Shares
Change
Change in
Stake
AM
1
Ares Management
California
$463M -$94M -2,878,803 -20%
GAM
2
Goldentree Asset Management
New York
$426M -$112M -3,430,030 -25%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$422M -$79.6M -2,437,649 -19%
BlackRock
4
BlackRock
New York
$361M +$21.6M +662,943 +8%
GDS
5
Gimbel Daniel Scott
$310M
Vanguard Group
6
Vanguard Group
Pennsylvania
$301M +$55.4M +1,696,115 +30%
ECA
7
Encompass Capital Advisors
New York
$94.5M -$3.51M -107,599 -4%
State Street
8
State Street
Massachusetts
$59.7M +$8.55M +261,690 +22%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$53.2M +$20.9M +638,490 +97%
Millennium Management
10
Millennium Management
New York
$44.1M +$29.9M +915,598 +572%
OAG
11
Orbis Allan Gray
Bermuda
$42.3M +$107K +3,269 +0.3%
MWNA
12
Marshall Wace North America
New York
$41.5M +$33M +1,011,073 New
SIG
13
Senator Investment Group
New York
$41M +$32.7M +1,000,000 New
Northern Trust
14
Northern Trust
Illinois
$39.5M +$3.05M +93,332 +11%
SPC
15
Slate Path Capital
New York
$28.3M
Goldman Sachs
16
Goldman Sachs
New York
$24.6M +$17.8M +543,912 +989%
Charles Schwab
17
Charles Schwab
California
$23.4M +$12.8M +392,036 +220%
AllianceBernstein
18
AllianceBernstein
Tennessee
$19.4M +$12.1M +370,300 +357%
N
19
Nuveen
North Carolina
$18.9M -$1.11M -34,020 -7%
Dimensional Fund Advisors
20
Dimensional Fund Advisors
Texas
$18.6M +$14.8M +452,998 New
MIM
21
Merewether Investment Management
Texas
$18.4M +$14.7M +450,000 New
ACA
22
Arena Capital Advisors
California
$18.3M -$4.61M -141,058 -26%
ACI
23
AB CarVal Investors
Minnesota
$18.1M -$38.4M -1,176,650 -73%
Victory Capital Management
24
Victory Capital Management
Texas
$17.3M +$1.13M +34,685 +9%
PAMS
25
Pictet Asset Management (Switzerland)
Switzerland
$13.5M +$10.8M +329,627 New

CRC Hedge Fund Activity: Q3 2021 in Review

146 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in California Resources (CRC) for Q3 2021, worth a combined $3.25B — up 32% from $2.47B a quarter earlier.

Buyers outnumbered sellers: 51 funds opened new CRC positions and 6 closed out — a net gain of 45 holders — while 43 added to existing stakes and 34 trimmed.

The largest buyer was Vanguard Group, adding an estimated $55.4M. The largest seller was Goldentree Asset Management, cutting an estimated $112M.

  • 146 institutional investors held California Resources (CRC) as of Q3 2021, up from 102 in Q2 2021.
  • Funds reported $3.25B of California Resources stock for Q3 2021, up 32% quarter-over-quarter.
  • 51 funds opened new California Resources positions in Q3 2021 and 6 closed out, a net change of +45 holders.
  • The largest California Resources buyer in Q3 2021 was Vanguard Group, an estimated $55.4M added.
  • The largest California Resources seller in Q3 2021 was Goldentree Asset Management, an estimated $112M sold.

Based on aggregated 13F filings for Q3 2021.