California Resources
193 hedge funds and large institutions have $2.95B invested in California Resources in 2022 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 67 increasing their positions, 77 reducing their positions, and 46 closing their positions.
1,105% more call options, than puts
Call options by funds: $24.5M | Put options by funds: $2.03M
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
1.57% more ownership
Funds ownership: 97% → 98.57% (+1.6%)
9% less funds holding
Funds holding: 212 → 193 (-19)
13% less capital invested
Capital invested by funds: $3.39B → $2.95B (-$435M)
13% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 77
33% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Corvex Management
New York
|
+$116M |
| 2 |
KEM
Kimmeridge Energy Management
New York
|
+$67.4M |
| 3 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$49.1M |
| 4 |
SCA
Southpoint Capital Advisors
New York
|
+$30M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$24.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
-$80.7M |
| 2 |
BlackRock
New York
|
-$35.3M |
| 3 |
SIG
Senator Investment Group
New York
|
-$22.4M |
| 4 |
GAM
Goldentree Asset Management
New York
|
-$20.6M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$18.4M |
CRC Hedge Fund Activity: Q2 2022 in Review
193 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in California Resources (CRC) for Q2 2022, worth a combined $2.95B — down 13% from $3.39B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of CRC and 31 opened new positions — a net loss of 15 holders — while 77 trimmed existing stakes and 67 added.
The largest buyer was Corvex Management, adding an estimated $116M. The largest seller was Ares Management, cutting an estimated $80.7M.
- 193 institutional investors held California Resources (CRC) as of Q2 2022, down from 212 in Q1 2022.
- Funds reported $2.95B of California Resources stock for Q2 2022, down 13% quarter-over-quarter.
- 31 funds opened new California Resources positions in Q2 2022 and 46 closed out, a net change of -15 holders.
- The largest California Resources buyer in Q2 2022 was Corvex Management, an estimated $116M added.
- The largest California Resources seller in Q2 2022 was Ares Management, an estimated $80.7M sold.
Based on aggregated 13F filings for Q2 2022.